It’s alarming to think that security breaches are common in this day and age, but they are. There’s a reason why cybersecurity companies like CYFIRMA are finding the approval of organizations that have been newly acquainted to the threat of cyber attacks. The security of your business should be your main priority, particularly in today’s all-encompassing digital environment.
You’ll also see that security breaches nowadays are growing larger and more complex. As more people actively participate in the online marketplace, there is more data available online, including Personally Identifiable Information (PII). Additionally, with the number of users of mobile devices growing each year, it is more important than ever to ensure that you are applying the right security measures for your business.
Whether you’re working on your own or with a cybersecurity company like CYFIRMA, you need to ensure that your business is safe and secure. This is due to the fact that even big companies can fall victim to data breaches. To mark an example- following are some of the biggest data breaches that targeted renowned companies in 2018:
MyFitnessPal – Under Armour
An app that helps you keep track of your fitness goal, MyFitnessPal is owned by the American athleisure major, Under Armour. In March 2018, the company discovered that someone had gained unauthorized access to their app’s database. This consisted not only information pertaining to the users’ health and fitness activities but also their email addresses, usernames and hashed passwords. It is believed that over 150 million users were compromised by this breach. The silver lining here is that no sensitive data such as social security numbers, payment information or home addresses were compromised.
My Heritage
A company which provides people with their genetic family tree, MyHeritage suffered a data breach on June 4 when a file was found on the private sector of the company’s files. When the file was inspected, it was found to contain the email addresses of all users who had signed up for the service since October 2017. While the file did not contain any sensitive data, around 92 million users’ data was unfortunately exposed. MyHeritage did refute allegations by claiming that no user data was compromised but it is difficult to believe this statement without any concrete proof.
The social media app with a billion users, Facebook has come under fire for their poor security measures, particularly the way the platform works with third-party apps and more. In March 2018, it was discovered that Cambridge Analytica had successfully collected the personal information of around 50 million users on Facebook through an app that scrapped their details as well as user habits and engagement with the platform. While Facebook maintained that only 30 million users were impacted by the breach, by April it was revealed that there were around 87 million users who were actually impacted. Curiously, Facebook has had similar issues in this area before when working with a third-party app called Nametest, which compromised the data of over 120 million users.
With these cases, it is easy to see that working with a cybersecurity company like CYFIRMA will be immediately and immensely beneficial for your business. Additionally, these large businesses have the luxury of bouncing back from the issue, but smaller, newer businesses cannot afford to take the chance.