Since early May, the city of Baltimore has been under siege by ransomware. The offending ransomware, called Robinhood, has encrypted data needed to perform several city services, and its creators are demanding a payment of 13 Bitcoins—about $113,000—to restore the city’s files.
Ransomware attacks on cities have been increasing around the country. For example, in March 2018, Atlanta was compromised by a ransomware attack that ended up costing taxpayers millions of dollars.
An unsecured database holding the personal information of 49 million Instagram customers was recently discovered. The data breach has affected numerous celebrities, influencers, and brands because the database in question is owned by a social media marketing firm that specializes in sponsored content for the platform. For Facebook—the parent company of Instagram—the episode is just the latest in a series of data security lapses.
Breaches such as Instagram’s appear in the news on a regular basis, but, though the results are usually similar, the causes often vary. Businesses must learn from recent data breaches to protect themselves against similar attacks in the future.
Companies aren’t preparing their employees for threats caused by poor cybersecurity. According to a survey, 33% of employees received no training in cybersecurity practices, while 16% of respondents received little training.
The lack of cybersecurity training for employees is directly evidenced by the spike in cybersecurity incidents. Of an average 3,269 security incidents reported in 2018, careless employees or contractors were the root cause of 2,081.
Seventy percent of small-business owners see mobile services and applications as critical to their business operations, according to research by The Business Journals.
Mobile applications help business owners and managers oversee their businesses from anywhere. They can answer customer queries, push marketing materials, and track employee performance, even when out of the office.
Globally, the internet handles about 71,131 GB of traffic per second, including 2,790,265 emails and 73,849 Google searches per second. How does this concern you?
Your company’s communications (client, vendor, internal) and your employees searching for business-related information help to make up those numbers. And a breach or leak of your business’s data transmitted over the internet could cost you millions.