This year’s biggest hacks that lead to ruined reputation, media scandals, lawsuits, millions and even billions of losses. Coincidentally, all of these attacks were targeting large US companies or government agencies.
The centralised credit reporting system in the United States and the fact that three companies have the rights to store the personal data of almost every American might have made the Equifax hack predictable. To this date, this is the worst corporate data security breach in our modern history. And there are many lessons CEOs can learn from Equifax’s mistakes.
More than two-thirds of hacking happens without having to break into accounts or install viruses but by simply asking an employee to hand in valuable information, having a convincing pretext. Choosing an advanced solution to keep your data safe and secure is the first critical step you need to take to protect your business from losses.
Traditional security solutions are failing to control advanced malware and yet we are less secure today. A cyber criminal can be someone within your organisation. So what can you do to prevent these threats?