How Data Breaches Threaten Us All

Data breaches are something threatening us all when records are hacked into. Businesses and individuals alike can suffer from these break-ins and research shows that there have been over 8,600 data breaches between 2005 and 2018 with billions of personal records exposed as a result.

The Identity Theft Resource Center (ITRC) has reported that data breaches in the United States have reached an all-time high with 1,579 breaches taking place in the country in 2017, up 45% compared to 2016. The business sector has been hit the hardest with 55% of breaches taking place in this sector. Medical follows with 24%, then banking at 9%, education with 8%, and government/military at 5%. Hack attacks are the source of most of these breaches.

Much of the data that is being compromised is information that users have uploaded themselves. There are social networks, cloud storage site, and apps that all can end up using this information in compromising ways. We use so much Internet traffic that it’s gotten hard to monitor everything that is going on with our own information.

What is clear is that steps need to be taken to keep data safe. Three important things to do are having good security practices, mapping security on your network, and identifying assets. Protecting against data theft is also something that users need to have in mind when it comes to uploading data, storing it, and sharing it.

Security solutions are needed like never before. IDM understands this and offers post-quantum data storage with its SIZE technology. To find out more about this project, go to www.myidm.io.

Sources: Entrepreneur, Bank Info Security, Value Walk, Fortinet