Most Data Breaches Due to Human Error, but Malware, Spyware Most Expensive (Canadian Underwriter)

Most Data Breaches Due to Human Error, but Malware, Spyware Most Expensive

  Monday, September 22nd, 2014 Source: Canadian Underwriter

There may be a larger number of data breaches attributable to employee errors, but those caused by malware or spyware are most expensive, note survey findings released by San Francisco-based Beazley Insurances Services. Beazley Insurance – which analyzed 1,500 data breaches serviced by the company in 2013 and 2014 – reports the two most common sources of breaches were unintended disclosure, while breaches due to malware or spyware are, on average, 4.5 times more costly than unintended disclosure.

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