Criminal hackers hack for fun, fame, revenge, trade secrets, or terror, but mostly they hack for financial gain. According to a data breach study, based on 75 incidents in the second half of 2010, 13% of web hacking cases involved leaked client data leading to financial fraud. (The top two reasons hackers attacked websites were site defacement at 15% and site downtime at 33%.)
Once customer information is hacked, it can be used to open new accounts or to take over existing accounts. It often takes only a few hackers to crack a system containing millions of customerrecords. These thieves will then broker and sell the information to other hackers.
The victims find and repair the vulnerabilities in their systems, but the damage has already been done. The individuals whose data has been compromised face an uphill, ongoing battle to protect themselves from financial fraud.
Protecting small business customer data starts with network securitybasics including:
Software: Antivirus, antiphishing, antispyware. Total protection “all access” suites of protection and full disk encryption
Hardware: Routers, firewall security appliances
Physical security: Commercial grade solid core doors, security alarm systems, security cameras.
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.
- Business Data Breaches Key in Rise of ID Theft
The 2012 Identity Fraud Report: Social Media and Mobile Forming the New Fraud Frontier report released by Javelin Strategy & Research Data Breaches increasing and more damaging – “One likely contributing factor to the fraud increase was the 67 percent increase in the number of Americans impacted by data breaches compared to 2010. Javelin Strategy
- Credit Card Processors Targeted In Hacker Attacks
WE DO NOT SELL DUMPS. DO NOT EMAIL OR CALL US. WE DO NOT SELL DUMPS A European hacker broke into a U.S. company’s computer network and stole 1,400 credit card numbers, account holders’ names and addresses, and security codes. The hacker, nicknamed Poxxie, sold the stolen credit card data to other cyber criminals through his own
- Ways small businesses are preventing Breaches
How did that huge recent data breach of a major retailer occur in the first place? Well, valuables can’t be stolen if there aren’t any valuables to begin with. Large merchants will store customers’ credit/debit card data to facilitate faster transactions. But small retailers keep minimal or zero data—this will not attract thieves. If customers want
- Small Business Owners: Customer Appreciation Day is July 21
Do you know your customers? This is a day that happens just once a quarter to put emphasis on getting to know your customers or clients. Shep Hyken, Hall of Fame Speaker – New York Times and Wall Street Journal Bestselling Author is the creator of “Get To Know Your Customers’ Day”, and he’s a funny guy to boot. He’s the only guy
- Bought a Car Recently? Watch Your Identity Information
Over the past 15 years, we have watched hackers’ evolution from “phreaking” phone systems, to hacking government agencies like NASA, and eventually creating viruses that take down networks. In the beginning, their primary motivations were fun, fame, and amusement. Over the past ten years, the game changed dramatically, from fun and fame to financial gain.
Leave a Comment
You must be logged in to post a comment.