![]() Small organizations often think they are not a target, but they can be a bigger target than a large enterprise with an effective cybersecurity infrastructure. Physical threats: Organizations are vulnerable to data theft when local resources, user devices, work laptops, and other physical assets are stolen.īecause data breaches are so profitable, attackers seek out personally identifiable information (PII).Insider threats: Current or terminated employees could purposely send data to a third party or steal it for their own financial gain.Hacking: Should an attacker gain access to user devices or compromise the internal infrastructure, malware can be installed to steal data.Human error: Negligence or a disgruntled employee could purposely or accidentally disclose data by falling for phishing or social engineering.Eavesdropping: Unencrypted traffic across a network is vulnerable to interception and eavesdropping.Exploited authentication or authorization systems: Applications with vulnerabilities or any cybersecurity infrastructure with bugs could allow an attacker to gain unauthorized access.Attackers search public repositories on GitHub to find them. Credentials stored in source code: Developers make a common mistake by leaving credentials or access keys in code repositories.Human error, for example, is one of the most significant factors in data breaches. However, data breaches can result from several different actions. When you think of data breaches, you typically think of a hacker compromising a network and stealing data. Individual data could be sold on darknet markets or used immediately to open credit lines, purchase products, or create fraudulent accounts. Individuals: For individuals, the most significant monetary risk is identity theft.Government: Military, government trade secrets, and undercover personnel are at risk if an attacker compromises government infrastructure. ![]() Target, Equifax, and Yahoo are well known for their data breaches, and it’s cost them millions in lost consumer trust and brand damage. Businesses: An organization that falls victim to a data breach could lose money in litigation and reparations, but the more considerable damage is in brand reputation.The three main entities affected by data breaches are: While it can be devastating for individuals, data breaches can cost organizations millions and negatively impact revenue long-term. The severity of a data breach depends on the focused target. Incident response after a data breach involves immediate disaster recovery efforts such as incident response and containment, eradication, analysis of the root cause, determining the data disclosed, the customers affected, compliance concerns, and communication with customers affected. It usually triggers efforts to add more cybersecurity infrastructure to the network, but even then, the damage is done. Unlike other attacks, a data breach cannot be remediated with a simple patch and software update.
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