Poor security standards leaves Earnin customers’ financial information stored in plain text

In the past, tech startups operated with near impunity as they developed new platforms and services to meet our modern moment. Today, shifting consumer sentiments toward data privacy and a cadre of new privacy laws make this proposition more perilous. Instead, startups need to make cybersecurity a top priority from day one because failing to protect customer information can undercut their financial, regulatory, and customer-facing viability.

Scammers trick City of Naples out of $700,000 in spear phishing cyber attack

The cost of a data breach is higher now than ever before, which makes a preventable data breach even more egregious. Consequently, awareness training should be a top priority for every company. The expense of credit and identity monitoring services, reputational damage, and IT upgrades far exceeds the awareness training that can prevent phishing scams from compromising customer data.

Phishing scam went undetected for a month as hackers gain access to 183,000 patients’ data

Every organization wants to avoid the high cost of a data breach, so succumbing to defensible attacks like a phishing scam is uniquely frustrating. Phishing scams are cheap and easy to execute, and they are frequently making their way into employees’ inboxes. Therefore, comprehensive awareness training is a must-have element for every organization’s cybersecurity initiatives.

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