October marked the 14th year of National Cyber Security Awareness Month. Data breaches led to 1.9 billion data records being compromised worldwide in the first half of 2017. Identity theft was the leading type of data breach in terms of the number of incidents, accounting for 74 percent of all data breaches, up from 49 percent during the previous six months. Two-thirds of firms breached had their share price negatively impacted by a data breach. The European General Data Protection initiative (GDPR) initiative, set to go into effect in May 2018, is a step in the right direction.”]

