According to a survey of 500 companies, law enforcement and government agencies executives, "The cybercrime has become one of the most significant threats to US companies. "
3 of 4 respondents said they had detected a security breach in the last year, and the average number of intrusions is 135 per organization. security breaches may lead to millions of credit cards and / or social security numbers and other identifying information to be compromised. the pirates then turn them into profit in the stolen data selling to foreign markets.
Although companies have spent considerable sums to prevent and prepare for security breaches, cyber crime is becoming more and more popular. Ed Lowry, responsible investigative efforts on cybercrime secret Service said: "the hackers are always one step ahead of new protocols and security software."
When businesses suffer, consumers suffer as well and cybercrime has affected the way consumers relate to these companies. When consumer data is stolen they become at risk of bank fraud and credit card as well as many other types of fraud. If customer data is stolen due to a security breach of the company, chances are consumers will take their business elsewhere.
However, not all identity theft is related to a security breach of the company. Individuals are at risk every day when buying online or sending sensitive data via email, IM, text, etc. Identity theft topped the list of complaints to the FTC for nearly a decade now.
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Source :. Sci-Tech Today
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