Consequences of data breaches for your business
Data security breaches can be very significant for businesses. The consequences range from loss of customer confidence to disruption of operations.
Legal and regulatory risk
Especially if the general data protection regulation is not complied with.
Loss of sensitive data
That have serious financial and operational consequences for the company.
Interruption of operations
This affects the company's productivity and growth.
Recovery costs
Includes expenses associated with improving the safety and compensation of those affected.
Increase in cyber-attacks
Companies that suffer security incidents are more attractive to future attacks by cybercriminals.
Loss of customer confidence
Seeing the company's poor ability to protect your personal information.
Damage to brand reputation
This results in the loss of customers and business partners.
Decrease in the financial value of the company
Especially if it affects your financial results and future prospects.
Detect, correct and mitigate your company's security breaches
Take advantage of the latest technologies and advances in IT security measures to reduce the risk of data breaches in your company.
Stay ahead of cybercriminals
Apollo allows you to identify emails that have already been exposed in a data breach on the Dark Web and respond immediately with security measures.
Prepare your employees
The platform will empower your team to recognize and respond effectively to potential threats, making them an active line of defense against cyber-attacks.
Continuous monitoring of your data
Stay one step ahead of threats, gain security and peace of mind.
Receive detailed reports
Get detailed reports on the security status of your company and the actions taken to reduce risks or human errors.
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Regardless of your size and industry, cybersecurity and compliance is for everyone.
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Frequently Asked Questions
In cybersecurity, a data breach refers to unauthorized access to devices, facilities, programs, network or data containing confidential, sensitive or private information to be disclosed or compromised. These breaches may involve the loss, theft or improper exposure of personal data, representing a significant risk to the privacy and security of affected individuals or entities.
Data breaches can occur in a variety of ways, some of which include:
- Cyber-attacks: Hackers can exploit vulnerabilities in computer systems to access databases.
- Phishing: deceiving users to obtain confidential information through fake emails or websites.
- Internal security breaches: unauthorized access by malicious employees or human error.
- Loss or Theft of Devices: loss or theft of devices such as laptops, hard drives or USB drives containing sensitive data.
- Implement robust security systems such as firewalls, intrusion detection systems and anti-virus to protect systems.
- Keep systems and software up to date with the latest security patches.
- Protects sensitive data by encryption to make it unreadable to unauthorized third parties.
- Train employees on good security practices and how to recognize threats. You can do this through our Apollo platform.
- Limits access to sensitive data to authorized persons only.
- Security breaches due to exploits in system vulnerabilities: this type of breach occurs when an attacker exploits a specific vulnerability in the system, such as an outdated operating system. Companies using older versions of software, especially if they are not updated, are more susceptible to this type of attack.
- Weak passwords: if passwords are easy to guess or crack, attackers can gain unauthorized access to sensitive systems and data.
- Malware attacks: such as phishing emails. A simple click on a malicious link by an employee can open the door to the spread of malicious software on the network.
- Hidden downloads: this type of breach occurs when viruses or malware are installed on systems through downloads from fraudulent or infected websites, without the user's knowledge.
- Social engineering: involves manipulating individuals to obtain confidential information. For example, an attacker could impersonate a member of the IT team and request passwords through deceptive phone calls.
- Identify and isolate the breach as soon as possible.
- Inform affected persons in a transparent and prompt manner.
- Collaborate with authorities and regulatory agencies.
- Analyze the cause of the breach and strengthen security measures to prevent future incidents.
In a security breach, cybercriminals seek to obtain valuable information that can be used for a variety of purposes, such as identity theft, financial fraud or industrial espionage.
Stolen data varies depending on the target and motivation of the attacker. Companies must implement robust security measures to protect this data and mitigate the risks associated with potential security breaches. Among them:
- Personal information
- Access credentials
- Financial information, such as credit card or bank account numbers.
- Business and corporate data such as customer and supplier information, intellectual property and trade secrets
- E-mail address or social network accounts
- Biometric data
- Employee information
Data stolen in security breaches can be used for a variety of illicit purposes, and the motivation of cybercriminals can vary. Here are some of the common reasons why data is stolen:
- Identity Theft: Personal data, such as names, addresses, social security numbers and dates of birth, can be used to commit identity theft. Criminals can open bank accounts, apply for credit cards or perform other fraudulent activities in the victim's name.
- Financial Fraud: Financial information, such as credit card numbers and bank account details, can be used to make unauthorized transactions, fraudulent online purchases or withdraw funds from bank accounts.
- Extortion: Cybercriminals can use compromising information, such as private emails or images, to extort money or other favors from victims.
- Industrial espionage: corporate and commercial data may be valuable to competitors or other entities interested in obtaining confidential information about business strategies, product developments or trade secrets.
- Ransomware: Attackers can encrypt important files or crash computer systems and then demand a ransom to restore access. This type of attack is known as ransomware.
- Selling on the dark web: stolen data can be sold on the digital black market, known as the dark web. Personal information, login credentials and credit cards can have a significant value in these markets.
- Phishing attacks: email addresses and passwords can be used in phishing attacks to trick people into obtaining more sensitive information or access to additional accounts.
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