Top 3 Disastrous Data Breaches Of Recent Times

Hundreds of data breaches are taking place on a daily basis. Hackers are devising new strategies to break into your defenses and cause you serious damages. Because of the vital importance of data and information, counter strategies have been made to protect the data.

We install data security software programs and applications on our PCs to protect us from these costly breaches, but almost 80% of breaches remain undetected before their occurrence. Antivirus, firewalls, windows defenders and other systems stood guard against these threats, but all became vulnerable to these dangers. However, Software Intelligence Event Management (SIEM) provides better security by applying advanced security measures.

Different SIEM systems offer different service capabilities. A SIEM system can analyze millions of events per second. We can protect our data by using SIEM as a service.

Here are the disastrous data breaches that took place in the recent years

Yahoo

Yahoo was once a technology giant. In 2016, when Yahoo was negotiating with Verizon for selling its business, it announced the largest data breach of its history. It was reported that the breach compromised the data of more than 500 million users. The hackers had stolen the names, email addresses, phone numbers and other personal information.

Yahoo recently revised the estimate of loss and stated that the data of 3 billion users was compromised. Verizon bought the company for $4.48 billion, which was then worth more than $100 billion. The amount of loss inflicted by the data breach becomes approximately $95 billion.

eBay

eBay is one of the biggest online auction stores. In 2014, hackers broke into its system and stole the data of all 145 million users. The data involved names, passwords and email addresses.

The hackers entered the system by using the credentials of a few of its corporate employees. They remained in the system for 229 days and reached the database to steal all the information.

The company observed a decline in user activity after this breach. It is recommended to approach a competent information security consultant to avoid such losses.

Equifax

One of the largest financial organizations dealing with credit cards has been recently hit by a cyber-attack, which resulted in the loss of personal information of more than 143 million users. The data involved social security numbers, names, passwords and other personal information. The credit card data of 2,090,000 consumers was also compromised in this attack.

The company was of the view that the breach took place because of an application vulnerability on one of their websites.

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Cloud Security Services Is The Future Now!

Most of the businesses and services are now banking on the cloud servers. That’s because it enables them to efficiently manage things to increase the performance of their company. A cloud is always one of the far better options to store data, access it and extract it anytime without facing any sort of difficulties.

Talking about the security of the businesses. Well, that has become the most important matter of the present era. The vulnerabilities and the cyber threats have been making lives difficult for most of them. These attacks can drag a business from the heights of success to the bottom in no time. That’s why, the security services become really important to remain safe from the cyber-attacks.

For the purpose of better and efficient security the cloud security Services could be more vital. Following are some of the ways it can benefit different organizations. Without any doubt, it is also said to be the future of security services for modern day businesses.

Flexibility:

It offers sheer flexibility to the organizations. They can upgrade their plans when it’s required to expand the bandwidth of the cloud security. The businesses might need to expand this way when it increases the volume of its services.

Data Security:

The data of the particular organization is kept safe with proper cloud-based protection. All the security breaches are kept out to ensure that a business could enjoy accessing their data 24 hours a day without any risk of getting harmed with cyber-attacks.

Regulatory Compliances:

An organization is provided with the type of security service that basically complies with its regulatory needs. They can also enhance their structure and infrastructure to meet with the needs of your industry’s regulatory compliances.

Improved Collaboration:

An industry can enjoy the facility of improved collaboration. As the data is stored online on a cloud-based server, so it acts like managed security services, where everything is monitored and kept secured of any vulnerabilities at the back-end server. So, without any restrictions the teams within the organization can collaborate without worrying about the data breaches and security attacks.

Availability and Support:

The support staff is always available to provide assistance to you, at the time when you need it. So, you can actually access your data anytime without worrying about its security with the added feature of getting in contact with the support staff when you are facing any difficulties.