Companies always need to be on the lookout for cyber attacks — regardless of their size and industry. But what are the most dangerous types of cyber attacks? And based on your industry, what is the most common type of cyber attack? Read on to learn more about what you should be most worried about, why, and how to mitigate all risks facing your company.
Effective cyberdefense requires active participation across all the stakeholders in a company. You need to install and maintain controls commensurate with your threat environment. You also need to account for the ways hackers can victimize your staff through social engineering. Wondering what is social engineering attack and how dangerous it can be, exactly?
In 2020, businesses across nearly every industry underwent a significant change. While companies were already growing increasingly mobile, the need for social distancing measures to stem the COVID-19 pandemic made working from home the new normal. This has opened up many unknown vectors of attack for cybercriminals. Read on to learn about some examples of cyber crimes to be mindful of and how to keep your company safe from the most common attacks.
Ecommerce killed the retail star. Trends show that e-commerce is quickly overtaking traditional shopping models, with 2023 predicted to have 300 million online shoppers in the US alone. This statistic is excellent news for the industry and even better news for cybercriminals. There are types of e-commerce security that will become necessary for any business wishing to engage with clients online.
If you’re a new or developing business in the e-commerce sector, congratulations! Online selling and shopping are seeing perennial growth; one study of overall global market trends predicts that e-commerce will overtake a whopping 22 percent of all global sales by 2023, up from the 12.2 percent it commanded just five years prior in 2018. However, all that progress comes with its risks as well, and security tools in e-commerce will only become more important as the industry grows.
When it comes to any kind of e-business, the lifeblood, the success, or failure rides on data. Big tech has changed the way we use data, and with e-commerce projected to grow, data ethics becomes a serious topic of conversation. In this article, we will be exploring ethical issues in e-commerce and how our organizations can change the way we handle people’s data.
E-commerce is a monolithic industry. According to market research, spending shot up to over $600 billion dollars in 2019, up nearly 15% from the year prior. But along with all that growth, there are also risks. It’s imperative that e-commerce security threats be taken seriously by all companies operating in this sphere. Whether you’re just starting up a new business or you’ve been a player in the e-commerce sector from the very beginning, you need to stay protected.
There’s never been a better time to start or grow an e-commerce business. According to one study of e-commerce trends, an expected 279.5 percent increase in sales worldwide is expected to yield over $4.9 trillion dollars in e-commerce sales in 2021. But alongside that opportunity there exist numerous risks for startups and big companies alike. Threats from complicated hacks to social engineering make the need for security in e-commerce clearer than ever.
According to a RiskBasedSecurity report, 2019 saw approximately 7.9 to 8.5 billion records compromised. To put that in perspective, the world population is currently 7.5 billion. Despite the numerous small breaches throughout 2019, the majority of these records were compromised by a few large breaches and subsequent chain reaction minor breaches.
A little over ten years ago, in 2008, less than half of healthcare organizations used electronic health records (EHRs). Now, thanks to the passage of the Health Information Technology for Economic and Clinical Health Act of 2009 (HITECH), it’s more surprising when an office-based physician does not have EHRs. While the adoption of electronic health records was necessary for American healthcare to keep up with the rest of the world and the rapidly changing technological landscape, it didn’t come without its downsides.
The number of security breaches has been rising steadily since the HITECH Act instituted harsher penalties for noncompliance with EHRs. In 2010, the number of data breaches in the healthcare industry topped that of the last six years combined. Whereas the healthcare industry chalked that up to the rapid adoption of EHRs, it’s clear now that wasn’t the whole story. With the latest data from 2018, we see that the reported incidents have still been increasing.
With the use of electronics and digital technology from smartphones to computers, cloud technology to metadata, the cybersecurity risks have never been higher. To know if your electronic personal health information (e-PHI) is safe and to learn about the top breaches in healthcare security, read on.