What is a Data Breach?

To define a data breach: data breaches are security incidences that expose important and confidential information to someone who is not allowed to have access to this sensitive information. With so much sensitive information stored online, cyberattacks are becoming more common. Businesses are attractive targets for cyberattacks and data breaches because of the amount of information hackers can steal. Data breaches can result in the loss of bank accounts information, passwords, emails, social security information, and credit card numbers. 60% of small businesses and companies suffer from data breaches. Having information stolen via a data breach can be detrimental to your business. Without comprehensive security, a data breach could happen to anyone and any business. The most common ways hackers steal information is through outdated technology, weak passwords, malware, and downloads.

The Most Common Ways Data is Stolen

Outdated technology

Outdated technology can leave holes for cyber-attacks to exploit the vulnerabilities of your system when they infiltrate your network. New technology ensures your network and software can handle new cyber-attacks as they change over time. New systems can protect you from financial damage and serious data breaches.

Passwords

Changing your password frequently can help protect against data breaches. Simpler passwords are easier for hackers to guess and passwords you may use on a variety of sites are easier for hackers to get ahold of. A complex password can help protect you and your business from data breaches. 

Malware and downloads 

Spam, phishing emails, and accidentally downloading malware or viruses can result in a data breach. These tactics are used by hackers to initiate a cyberattack and steal important information. Spam and phishing emails typically look like normal emails which bate you into clicking the link or tricking the recipient into providing sensitive personal information. Malware and viruses are often downloaded unintentionally from a compromised website. Educating yourself and your employees about is an important set-in preventing data breaches. 

Depending on the information hackers have stolen from a business, they can get medical treatment under your health insurance, withdraw money from banking and investment accounts, open and use new cards under your business’s name, and much more. Data breaches can have a devastating impact on your business’s bottom line and the security of your customers, clients, and employees. Breaches take time, planning, and research on behalf of the hacker. Once they have successfully breached a network, they have the freedom to filter through your business data until they find what they are looking for.

How do I Prevent a Data Breach?

Data breaches may take months to detect and, in most cases, cannot be fixed just by changing passwords. The solutions to patching a data breach can be difficult to navigate. Typically, data breaches happen due to weaknesses in user behavior and technology. Preventing a breach is much easier than fixing a it, and the measures you can put in place to prevent your business from becoming a victim can save you time and money.

A data breach can cause serious repercussions for your business. KinTechnology can help protect your sensitive information from hackers and potential data breaches. We implement business-grade firewalls, education so you can implement proper security protocols and 24/7 network monitoring. Our priority is your security. We make sure your network is secure, so you can worry less about data breaches.