The latest edition of the “Cost of a Data Breach Report” from IBM Security has revealed that the average cost of a data breach in Asean countries, including in Philippines, reached $3.05 million in 2023 – an all-time high for the report and a 6% increase year-to-year.
Despite the denial of a data breach by some law enforcement agencies, the Department of Information and Communications Technology (DICT) said on Thursday, April 20, that copies of leaked personal data were stored in an Azure cloud site.
The leaked records include personal information such as names, addresses, contact details, and even medical records of police officers, prosecutors, and judges, the NPC said, citing an online report.
IBM Security announced on Wednesday, July 28, the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report.
A security researcher who analyzed the leaked files found that a Philippine data set contained over 899,000 entries, larger than the popularly reported figure of 879,699.
The privacy body said a certain hacker under the name “creepxploit” is selling the personal data of 3.3 million users of Cashalo containing their usernames, passwords, e-mail addresses, phone numbers, and device identifications.
Online lending firm Cashalo issued a statement on Saturday, Feb. 20, saying its “IT security team discovered a potential data security incident involving a Cashalo-only database archive”.
Netizens claimed the data the site provided were accurate, raising suspicions of a leak in LTO’s database as these are the types of information the LTO collects from motorists for registration.
It was reported this week that the student portals of the two Manila-based schools were attacked by hackers , leaking the personal data of thousand of students.
