Payment skimming malware is a significant, ongoing threat for online retailers. It undermines customer confidence in the buying process and invites costly repercussions from a data breach.
Hanna Andersson’s online store infected with payment skimming malware, stealing customer identifiable information
Hackers stole $2.3 million by using a phishing scam on Manor Independent School District
While some companies might be reticent to invest in employee awareness training, this incident demonstrates that the cost of a successful phishing scam far exceeds the expense of preventative measures. The district is working to recoup lost funds but is not likely to emerge unscathed. This news offers a cautionary tale for organizations of all shapes and sizes; preventative measures are only effective if they are implemented before a breach occurs.
Unsecured LimeLeads internal server, allows hackers to acquire company data
Customers and companies are increasingly unwilling to partner with organizations that can’t secure their data. Consequently, avoidable data breaches are an especially egregious way to compromise a company’s long-term viability. Inevitably, mistakes will be made, but identifying those errors and making corrections before hackers can capitalize on the information is critical to any defensive posture.
New Albany Airport forced to pay a five-figure sum to lift ransomware attack
This incident underscores the cascading consequences of a data breach. For the New Albany Airport Authority, they will bear the financial cost of recovery while their MSP will lose an important contract since they failed to protect their customers’ IT. From both directions, it’s clear that data security failure is a deal breaker in today’s digital environment
Alomere Health employees fell for phishing scam, giving access to 50,000 patients’ data
Phishing scams are the leading cause of data breaches, but they are also entirely avoidable. With the cost associated with a compromise continually escalating, training employees to identify and avoid phishing scams is a relatively low-cost initiative that can transform employees into a robust defense rather than an imminent vulnerability.