If you look at the events of cybercrime in the last decade, you will see that there is only doubt as to if and when. If a company doesn’t have active data security policies and protocols in place, and even if it only has a few customer or consumer records, the time is not far off.
In the past decade, there have been at least eight massive data breaches each year that have really shaken up the economy. One would think that business owners and organizations would have realized by now the great value of the digital data they hold. According to the Ponemon Institute, the average number of data breaches in the United States alone exceeds 25,000 records, costing approximately $150 per record. This is the amount you will have to pay for damages in the form of government fines and likely consumer legal action. While they may lose their email address and password, a data breach can eliminate or hack into a wide range of digital profiles, including credit card information, passport scans, and address information.
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Managers are aware of data security implementation but are not concerned about implementing the right policies in the field unless it can be demonstrated that their company is at risk of data breach.
A 2018 study found that of 4,000 companies in the US, UK, Spain, Netherlands and Germany, more than 70% were unprepared for a data attack. The year is 2019: Although large organizations such as the Federal Emergency Management Agency, Facebook, and Capital One have experienced security breaches, companies remain naive in raising awareness about cybersecurity. To understand that a company is prepared for data theft, it must pass a security audit outside the digital world. However, the first approach is to believe and acknowledge that the company may have a problem and its data may be at risk.
For example, between 2009 and 2019, some of the most massive recorded data breaches occurred at companies that were most at risk of a data breach. Unfortunately, some data breaches are not reported to prevent problems in the future, although people should be notified as soon as they occur. However, the most vulnerable markets have shown that they have lost a huge amount of data, more than 7.7 billion. Among the companies involved are J.P. Morgan Chase, First American and Under Armour. In 2003, Yahoo faced a data breach that resulted in the theft of more than 3 billion records – a figure that remains the highest on the list of data breaches. Other well-known companies have been affected by data breaches, including Marriott International, Quora, eBay, Facebook and others.
Another study found that more than 65% of data breaches occurred in web services. Surprisingly, web services are a more important target than any other sector. One would think that given the number of attacks on web services, data security would be optimal. On the contrary, they remain the weakest link in any organization. It has been found that even two-factor authentication, which is considered the ultimate cybersecurity measure, can be duplicated. And unfortunately, most of these companies don’t have a manager to manage the web service. This demonstrates that controls are necessary but not sufficient, because if critical updates are ignored, brute force attacks can easily occur without detection. Many website creators offer little or no protection on the homepage or other landing pages. And if the digital threats don’t stop there, today there are data attacks where attackers directly intercept servers and intercept connections to payment terminals, as the 2014 Supervalu data attack demonstrated. As companies are constantly updating and modifying their websites, there is a significant risk if the required data is not stored in a data security container and fully protected, for example by digital rights management.
Data security is a management issue that sometimes goes beyond simple technology. It can be dangerous to expect your data to be protected when using product developers. Unfortunately, one of the biggest data security vulnerabilities is poor data management. Without proper oversight, people who don’t have access to your data files can quickly gain access. This is particularly evident in the number of insider data attacks, where employees obtain sensitive information through unauthorized access, revenge or malicious intent.
Understanding that data security is a real and ongoing aspect of your business is a step toward understanding the problems that your data assets can pose. Real-time protection and automatic threat removal with Digital Rights Management ensures reliable protection of documents and PDF files, wherever they are stored. Digital Rights Management protects documents and PDF files in their entirety. This means that no part of the content may be used without the permission of the copyright holder. DRM PDF protects the content of a document or PDF file using custom access controls and usage restrictions. You can be sure that no one other than the document owner can distribute protected PDF files and that only authorized users have access to them. DRM PDF provides comprehensive protection of PDF files against unauthorized use and misuse and can be an important part of data leakage protection.
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