Businesses need to be aware of the growing danger to their IT infrastructure and sensitive information from cyber criminals and hackers, following the publication of a new report from Symantec.
According to the IT security firm, 2013 witnessed a considerable spike in the number of hack attempts and online users that saw their identities compromised, with more than 552 million people falling prey to cyber security issues over the last year.
In total, the organisation’s Global Intelligence Network registered a 62 per cent upturn in data breaches during 2013, with the system collating information from across 157 countries and utilising 69 million unique attack sensors.
Furthermore, the network highlighted a 91 per cent increase in the number of targeted attacks. These are attacks designed to impact specific businesses or individuals and present a growing issue that all holders of data need to be aware of.
Senior manager for Symantec Security Response Orla Cox told V3: “These targeted attacks affect everybody. For example if you look at card breaches, the card holders are victims as much as the businesses.”
She added these forms of data breach can be particularly devastating when undetected.
It is not only the theft of sensitive information that presents a risk to businesses and individuals through this increase in cyber criminal activity though, but also the increased risk of data destruction that these attacks represent.
Companies need to ensure they have adequate safeguards in place to protect their data at all times and at all levels, meaning sophisticated firewalls must be in place, users must be monitored and protected from accidental or intentional exposure and all information should be encrypted.
Failure to do so could lead to considerable and costly repercussions for firms, both in terms of significant fines and sanctions, as well as a loss of consumer trust and reputation.
Is your company’s end-of-life data permanently erased? Speak to Kroll Ontrack for a solution that provides peace of mind.