How To Prevent Data Breaches

The hackers gathered information about the company’s home workers, contacted them, posed as Twitter IT administrators and asked for their user credentials. Using the compromised employee accounts, the attackers gained access to administrator tools. Using these tools, they reset the accounts of famous Twitter reasonable security users, changed their credentials, and tweeted fraudulent messages. In January 2020, hackers abused a third-party application that Marriott used to provide guest services. These records included passport data, contact information, gender, birthday, loyalty account details and personal preferences.

As if this wasn’t enough for end users to take appropriate action, they also have to deal with the constant threat of cybercriminals influencing their decision-making. A data breach is a breach in which data such as personal information and corporate data is viewed, modified, deleted or disclosed without authorization. Data breaches can have a number of causes, including cyber attacks on computer systems, malicious acts by insiders, negligent acts by employees, etc.

A data breach can impact or disrupt a company’s operations and result in lost business. Other financial consequences include refund and settlement payments to affected customers, as well as the costs of legal counsel, breach response and investigations, etc. Hackers often guess passwords through social engineering to trick people, or through brute force. To reduce the risk of hackers guessing your passwords, make sure you have a unique password for each of your accounts and that each of those passwords is complex.

Unfortunately, many organizations are not prepared to recover quickly from an attack, even if they have taken some measures to protect their business. With the threat of security incidents at an all-time high, we want to make sure our customers and partners have plans and policies in place to deal with potential threats. While this list is by no means exhaustive of the steps necessary to combat cyberattacks, here is a brief step-by-step guide for when your organization is affected by a cybersecurity breach.

A privileged access management solution would have been a good way to prevent this incident. In this article, we analyze the motives and consequences of five major data breaches caused by insiders. These real-world examples of cyberattacks show how Ekran System can protect your organization from similar threats. Petty criminals are lone offenders or small groups that commit cybercrimes against individuals and organizations.

Cyber criminals may exploit the breached data for identity theft or other fraudulent purposes. Employees know all the details of an organization’s cybersecurity infrastructure and tools. As a result, we see hundreds of malicious and unintentional insider attacks every month that result in data breaches and harm organizations. These attacks often result in financial loss and reputational damage, and can even bankrupt a company. The information accessed may include personal information such as social security numbers, passwords and financial account numbers. The breached information is sometimes sold or traded on the dark web and can be used for crimes such as identity theft.

Note that services like LifeLock and others will notify you if someone opens a line of credit in your name, but they can’t protect your data from being stolen in the first place. In this 2012 data breach, cybercriminals got their hands on the email addresses and encrypted passwords of 117 million LinkedIn users. Unfortunately, LinkedIn uses that darn SHA1 encryption we talked about earlier.

They were also reluctant to tell the truth about the amount of data stolen and the nature of the data. The first step is to determine the nature of the attack and what aspects of your personal data were potentially affected. For example, if a company’s point-of-sale system was stolen, your payment information is at risk. If a security breach gained access to personal information, such as your Social Security number or driver’s license number, you could be the potential victim of identity theft.

This remains one of the most effective social engineering attack vectors. Some phishing methods are incredibly sophisticated and can sometimes seem completely harmless. The Office of Personnel Management hack shows how phishing can overcome almost all traditional layers of security, such as email gateways and endpoint controls. The sum of the points on a network where attacks can occur, where an unauthorized user (the “attacker”) can attempt to manipulate or extract data using a variety of attack methods (the “cyberattack vectors”). Recent data breaches have made it clear that individuals, businesses and infrastructures are vulnerable to cyberattacks, as are governments.

But it’s also likely that you won’t be safe for long, because most businesses will face a cybersecurity incident at some point. Whether it’s a system compromise from an attacker or an access control breach from a phishing scam, organizations should have documented incident response policies in place to manage the aftermath. After a data breach, affected companies and organizations often offer free identity theft monitoring services to victims.