Data Privacy

Do you know the value of your data?

Don’t wait until it’s too late: make your website impregnable, it can be attack-proof.

As technology becomes ever more advanced, it’s important to keep in mind that a hacker attack is a present threat: for a company, data is wealth, whether we’re talking about clients’ personal information or commercial strategies.
This increasing risk has been confirmed by companies from the computer security field: in their annual reports, indeed, they highlight a rise in cyber-attacks.

In the opinion of Clusit 72% of hacker attacks were intended to extort money and steal information in order to make an economic profit.

The majority of companies don’t think properly about the complications which can arise when there is carelessness in security matters. However, statistics speak for themselves.

A study carried out by Symantec shows that, in 2016, there were 15 mega breaches (that’s a violation of more than 10 million records). According to the same study, in 2016 almost 1.1 billion identities were stolen globally – a significant number when compared with 563.8 millions of identities stolen in 2015. Not only that, in the opinion of Clusit 72% of hacker attacks were intended to extort money and steal information in order to make an economic profit.

Symantec has highlighted that the cases of attack against small companies have increased by 25% between 2011 and 2015.

This information could lead us to think that cyber-attacks are designed to damage exclusively big companies, but this is not the case. Symantec has highlighted that the cases of attack against small companies have increased by 25% between 2011 and 2015. Another alarming fact was revealed by Huffington Post: more than 21% of small businesses are not allocating any budget at all to risk mitigation.

Why?

Because they feel they don’t store any valuable data. Yet 68% reported that they store email addresses, 64% store phone numbers and 54% store billing addresses.

Cyber security should be one of the most important aspects in a company, regardless its business sector and its size.

According to Check Point, unknown malware will continue its growth: in fact, in 2016 there were 12 million new malware variants discovered every month.

One of the most important cyber-attacks is related to Windows XP.

WannaCry, the ransomware, has exploited a leak of the system and has infected thousands of devices in more than 100 countries all over the World. Affecting large multinational companies like Santander, Renault and the British Health System the ransomware locked everyone out of the servers. In order to unlock them, hackers asked for a ransom of 300 Bitcoin dollars. In addition to large companies, also ordinary users have come under attack and they had to pay the ransom too.

Companies need to keep in mind that data security is important for their clients, their reputation and for themselves. Those who do not protect efficiently private information risk both blackmail and heavy fines, as happened to Apple, Google, ChoicePoint and HP for a total amount of 101,5M (Jay Cline’s research).

21iLAB can help you to understand your security level and enhance data protection on your digital assets.
Contact us for a first advice.