A data breach occurs when an unauthorized person gains access to sensitive information including intellectual property and financial records. Although some of the recent biggest data breaches involve big corporations like Yahoo and Facebook, it doesn’t mean smaller organizations are immune. Types of cyberattacks vary from year to year.
But according to Symantec, cryptocurrency coin mining has become quite popular recently. Through this type of malicious activity, hackers can gain access to sensitive data embedded on victims’ computers. Over time, cybercrime will become increasingly sophisticated — highlighting the need for businesses to remain diligent in protecting their assets
The above infographic shows nearly 4 million records are becoming lost or stolen every day — with cybercriminals becoming more and more sophisticated each year. This means organizations must stay extra vigilant when it comes to protecting their assets. The best way to do this is to hire the services of a professional security firm. Data encryption, regular risk assessments, and a solid breach response are just some of the areas in which experts can help.
Investing in cybersecurity is a small price to pay for peace of mind. Strengthen your business by implementing the tools that will keep you one step ahead of the criminals. Not only will you be able to protect valuable company data, but also maintain the trust of your customers in the years ahead.