Uploaded on Aug 13, 2022
The best way to avoid the stress and high costs that come with data breaches is to prevent them from happening. Data breaches are costly and hard to recover from.
A World With No Data Breaches Is It Even Possible
A WORLD WITH NO DATA BREACHES: IS IT
EVEN POSSIBLE?
https://www.anonybit.io/blog/a_world_with_no_data_breaches
On July 6, Marriott, the multinational hotel franchise, announced a second
staggering data breach since just the beginning of this year. This incident can
be traced back to J une, when a Marriott employee fell victim to a social
engineering scheme posed by an unnamed group of hackers. With this
misstep, the group quickly gained access to the employee’s computer,
opening the gates for them to steal roughly 20 GB of personal data––some
of which included credit card information, confidential business documents,
and customer payment information.
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MARRIOTT IS NOT ALONE AND
SHOULD NOT BE SINGLED OUT.
While the scale of these cyberattacks certainly
varies, this narrative is one that we’ve heard
many times before: corporations are tapped for
access to sensitive information, compromising
their operations, reputation, and in some cases,
longevity. Hackers capitalize on this stolen
information, impersonating individuals,
breaching accounts, and selling this personally
identifiable information (PII) on the Dark World
Web to underpin a $16.1 trillion economy.
Endless amounts of information exists there––
from personal to financial to online account login
data––and the Dark Web is the perfect
environment to transact this information.
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In referencing the PrivacyAffair’s Dark Web Price
Index, leaked information collected from
various data breaches can be found for sale at ba
rpgraicines. For example, a duplicated credit card
may be available for just $20; a PayPal account
could cost $150 depending on the available
credit; and a Gmail account, just $65. On the Dark
W eb, hackers have the ability to piece
tog ether bits of data scavenged from different
binreoarcdheers to craft mature profiles. From here,
these cybercriminals have an easier time taking
over even more personal accounts.
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