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Data breach immunity ‘is a myth’

No business can be 100 per cent immune to the risk of suffering a data breach and this is a fact highlighted in new research published by SafeNet as part of its quarterly Breach Level Index.

According to the organisation’s breakdown of global data breach trends for the third quarter of 2014 (July to the end of September), a total of 320 significant security breaches were reported by businesses across the globe during the three-month period, representing an increase of almost 25 per cent in comparison to the same period last year.

Overall, these incidents resulted in the details of more than 183 million customer accounts and data records containing personal information either lost or stolen as a result of criminal activities.

The industries most badly affected by data breaches in recent months were shown to be financial services providers (42 per cent) and retailers (31 per cent). The main avenues through which criminals were able to gain access to sensitive data were shown to be via online accounts (20 per cent), such as email, gaming and other cloud-based services, and as a result of identity theft (46 per cent).

Tsion Gonen, chief strategy officer at SafeNet, advised: “Companies should assume a breach and plan accordingly. They need to implement technologies and programs that minimise the impact of a breach on top of the traditional prevention.

“As it is, these technologies are just not being used by to the fullest extent by either consumers or companies.”

It is therefore essential that businesses of all sizes invest in comprehensive data recovery services to restore lost files in the event of a security breach, while their IT infrastructure should also feature the strongest safeguards possible to reduce the likelihood of firms suffering breach in the first place.

Complex data recovery requires expertise. Speak to the data recovery industry pioneers at Kroll Ontrack for free advice to investigate options to recover from any data loss type, system or cause.

From:: https://www.ontrack.com/uk/company/press-room/data-recovery-news/data-breach-immunity-is-a-myth942.aspx

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