Data breaches appear to be all the more common in recent years, with major firms across industries such as healthcare, social media, and finance falling victim to hackers. And such intrusions are becoming an increasingly costly problem for companies to fix; the cost of a data breach has risen by 12% over the past 5 years, according to data from IBM Security published in July.
The circumstances behind a data breach will always vary depending on the situation. But there is a common thread that can be found across several recent hacks, including the Capital One breach from July, according to Marc Rogers, a white-hat hacker and head of cybersecurity at Okta, an enterprise identity management firm.
For several companies that have been impacted by data breaches in recent years, the issue boils down to how these firms are managing the servers that are being used to store sensitive information, says Rogers.