The year 2020 not only broke the records of COVID-19, but it also broke all the records of the data breaches. According to a report by Risk-based security (RBS), the recorded data breaches have increased by 49% in 2021, and the most victimized sector was the healthcare sector; this sector accounts for 12.3% of breaches.
The record is expected to jump by 141%, and the number represents 37 billion stolen records. In addition, 63% of the cyberattacks were financially motivated, and 81% were ransomware attacks.
Cybercriminals are targeting innocent people to get more diverse data to sell. The potential for a data breach is one of those threats that companies must be careful about and consider investing in robust data security services as they plan their operations.
Cybersecurity solutions have helped many creative cyber hunting issues and have helped many organizations to solve them. But, in a nutshell, the data breach is an ever-evolving threat in the landscape of cybersecurity. They are stealing more information, and there is no practical way for the majority of the organizations to protect themselves from breaches.
Data protection practices that are needed to be followed
All the high-profile data breaches have reminded us that data security is the top priority. Here are some data protection practices that an organization can follow to avoid data breaches.
1) Vulnerability and compliance management tool
Using a vulnerability and compliance management tool, you can identify gaps and weaknesses in your IT system. If you don't want to go for the tool, go for a vulnerability assessment. These features can help you detect all the physical and virtual threats in the environment. Additionally, this will help your IT team to mitigate data breaches to some level.
2) Go for regular audits to ensure a robust security posture.
Regular audits are the best way to identify potential new gaps to ensure a strong security posture. A standard security audit will set the seal on the security postures. Also, going for vulnerability assessment or penetration testing can help you to security policies. Finally, the security audit examines the dynamic nature of the company's data and how they handle their information.
Read More: Data Breaches: Prime Target
Hacker stole T-Mobile user data containing the social security numbers, phone numbers, physical addresses, unique IMEI numbers, and driver license information for more than 100 million people.
There are many more #vulnerabilities in the telecommunication sector including services misconfiguration.
Compromising subscriber’s credentials or devices using social engineering, phishing, malware, etc.
One of the primary methods used by attackers when targeting telecoms is SIM swapping – the act of swapping the SIM number associated with a phone to the SIM card in the attacker’s phone.
This gives them access to the victim’s traffic, including the valuable two-factor authentication tokens that individuals receive in form of text messages.
Two-factor authentication processes are used to protect highly sensitive information, including online banking and social security number.
In the age of big data and exponentially growing cloud services - data breach is just one aspect of everyday life.
It is definitely an unfortunate thing if it happens, but as it was explained above - it is far from inevitable.
All it takes to avoid data breaches from happening is keeping a close eye on what is going on with the data and where it is going.
Knowledge is half the battle won - you need to be cautious about the value of your data and the ways it can be exposed.
In this article, we have shown you exactly how to lessen the risks of data breaches and wholly avoid such events.More about data breaches
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A data breach refers to the leak of confidential information.
Thousands of companies fall victim to data breach where hackers gain unauthorized access to their system and steal confidential data.Cybercriminals often steal data and encrypt it to deny access to the owner of the data, in return hackers ask for a ransom to decrypt data.The text above is a summary, you can read full article here.
Imagine you’re living in a big house full of people ( family) and everybody has access to almost every room of it.
But, then there is one safe room containing all your important documents and extremely precious assets.
Would you be comfortable in sharing its access to all?
Or would you prefer to keep it safe, closed, and accessible to only you?Chances are even that you will set a monitoring system for it too.
This is exactly why and how privileged user monitoring is needed and works in organizations too.What Do You Mean by Privileged Access?In this process, some have access to the organization’s most crucial data.
This is often the most sensitive and vital information of the organization and needs some monitoring while accessing so as to avoid any unauthorized access and threat.
Over a million people across the globe become victims of cybercrime daily.
What is more alarming about the situation is that, despite taking numerous precautionary measures, hackers manage to evolve and use advanced techniques to break into systems and illegally access critical data.pHaving said that, you have every reason to worry about the confidentiality of your business-critical/customer data.
Over the years research reports on cybercrimes suggest most of the data breach that occurs is related to debit and credit cards.
This is why the PCI SSC Council was incorporated and the PCI DSS standards were set in 2006 to strengthen information security and secure customer data.
Read the full article here:- How does PCI DSS impact Banking
