Cyber Security in Big Business
Data breaches have been happening more and more as of late. Cybersecurity is becoming more and more important. So much, in fact, that it has become a 75 billion dollar industry. We decided to compile a list of some of the most significant data breaches in modern history and tell you what TED Systems can do to keep your customer and employee information secure.
Yahoo’s Data Breach: Three Billion Users
One of the largest companies to first experience data breach was Yahoo. In 2016, Yahoo announced that the information of nearly a billion users had been compromised in 2013. That number later increased to three billion users with the announcement in 2014. Three years later, after discovering the data breach, Yahoo took protective steps for all users in December, like resetting passwords and unencrypted security questions. These steps should have been in practice before this huge data breach occurred, but Yahoo dropped the ball, and by the time they discovered the problem, they were already leagues behind Google in the internet browsing market.
MySpace’s Data Breach: 360 Million Users
You remember MySpace, right? Well, after the company dominated the early stages of social media in the early-2000’s, MySpace soon found themselves under the attack of a Russian hacker, the same person responsible for the LinkedIn and Tumblr attacks, attempted to sell nearly 360 million user accounts, email addresses, and passwords. Some of those accounts even included people such as Michael Jordan and Blink-182.
Sony Online Entertainment Services’ Data Breach: 100 Million Users
Mostly known among the online gaming community, Sony’s PlayStation Network also had its services compromised in 2011 after hackers compromised the personal information of more than 100 million PlayStation Network users, leading the PlayStation Network to go dark for more than three weeks following the attack. The estimated cleanup cost after 65 class-action lawsuits? Nearly $171 million.
Equifax’s Data Breach: 145 Million Users
The data breach that people are probably most familiar with is the 2017 hack of the consumer-credit-reporting agency, Equifax. While the breach compromised nearly 145 million users and is not the largest data breach ever, it was quite possibly the most damaging to date. Hackers were able to gain access to names, Social Security numbers, birth dates, addresses, and driver’s license numbers, leaving all of the users susceptible to identity theft. Making matters worse, Equifax waited three months to inform the public about the intrusion and blamed the lack of notifying the public on the matter being “complex and time-consuming.”
Protect Your Information
These cautionary tales should have you asking yourself, “Is the information of my customers and employees secure enough?” If you feel it is not as secure as it could be there is something you can do.
You can prevent your company’s information and intellectual property from ending up in the wrong hands by having a proper access control system installed at your place of business. This is the best way to ensure that your structures, employees, visitors, physical assets, and data are protected from unwanted intrusion, damage, theft, and misuse.
Access control also prevents unwanted access and disruption to your business operation(s), overcrowding in areas with set occupancy rates, and can be easily controlled and monitored from a centralized security office. From entryway to enterprise level, access control systems are designed to deliver maximum protection for commercial offices, healthcare or educational facilities, and industrial or manufacturing plants.
TED Systems will install the access control and security system that fits your businesses needs. You owe it to your employees and to yourself to give your business effective safety and security systems.