Data in online as well as offline were seen as a commodity by legal and illegal actors which makes the data a main target for cybercriminals and tend to play a crucial component in the commission of many cybercrimes, mainly because it is poorly protected and can be obtained illegally. Data breaches can occur offline even though the data is not available over a network. About 12 % of breaches were due to Improper data disposal, loss, and theft.
Your company’s data may be at risk if you don’t secure your work laptop or phone. Do you think I exaggerate? But what if I told you that one of the top information security concerns acknowledged by around 51% of US small business owners is employee negligence? Every firm, from a data standpoint, has some kind of data that distinguishes it from others. This data could be a client list or a business strategy – anything that has commercial value or is a key financial factor.
Whether data is offline or online, hackers can get the data through the internet, Bluetooth, text messages, or the online services that we use. Most often, user behaviour and technological flaws together cause data breaches.
Company Employees Data And Insider Threat:
Some of the examples are – Scamming of Twitter users by phishing employees in 2021, Dallas police department database leak caused by employee negligence in 2020, Snapchat data breach in 2016 exposing payroll information of some 700 current and former employees.
Threats to your data and security don’t always start on the outside and It’s clear that cyber criminals are growing more creative with how they gain access to networks and valuable data. Also, now there are actors within an organization who help in carrying out the sophisticated and malicious attacks. Insider threats can arise from either innocent mistakes or malicious intent, but if you are breached, all that matters is that you have been compromised.
The fact that more than 80% of firms lack policies that specifically handle insider risks shows that much fewer organisations truly have viable remedies.
