Data Breaches Continue to Plague Companies in 2019

2019 Data BreachesDespite many organizations growing knowledge of data breaches, and an overall better understanding of what can cause them, breaches continue to happen—and according to recent reports, they are increasing in size.

The recently released 2018 End-of-Year Data Breach Report from the Identity Theft Resource Center (ITRC), reveals that more than 400 million consumer records were hacked in 2018, a 126% increase over 2017.

While the number of breaches was actually down by 23%, they were greater in size, affecting more organizations and individuals. “If breaches are down, but more records are stolen, that’s a serious problem,” said Eva Casey-Velasquez, ITRC’s president and CEO. “This is telling us that we are creating a system and processes that make it easier for the thieves to compromise. We’re collecting and storing more and more data in single places, so that the criminals only have to commit one hack or one breach of that institution to get all of those records.”

These breaches are not relegated to one type of organization; everyone is a potential victim. Cybercriminals are attacking companies large and small, across all industries. To keep danger top-of-mind, we’ve covered breaches in specific industries throughout the past year which you can delve further into here:

Ultimately, there are a number of ways organizations can protect themselves from a data breach. Eight of the steps they can take to secure their data in-house, include:

  1. Ensuring all customer data is stored in an encrypted database.

  2. Utilizing multiple levels of passwords to gain access to any database storing customer information, and changing these passwords frequently.

  3. Backing-up and updating systems regularly.

  4. Running background checks on employees handling customer data.

  5. Using malware detection software on servers and workstations.

  6. Ensuring firewalls are live and secure.

  7. Reviewing disaster plans with staff so they are prepared if one occurs.

  8. Educating employees to handle suspicious links and attachments with caution.

Of course, organizations don’t have to attempt this on their own. Companies of all sizes are turning to Disaster Recovery as a Service (DRaaS) to let Managed Service Providers (MSPs) handle the security of their infrastructure. Others are going “full cloud,” entrusting their sensitive data with a reputable provider that offers heightened security protocols, both virtual and physical.

If you’re concerned about data breaches and are considering an MSP or virtual private cloud (VPC), reach out. The experts at DSM, Florida’s preferred cloud provider, can help you migrate to the cloud quickly and easily, offering unbeatable security to keep your most sensitive data safe. Just want to keep current when it comes to data breaches and cyberattacks? Follow our breaking news blog Data In Distress to stay in the know!

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