Data breaches occur every passing minute of every passing day. From SIM swap attacks on mobile phones to major data breaches that have exposed the confidential information of millions to hackers, protecting our data and our identity has become a top priority for consumers and businesses alike. A common saying on the internet has become “if you’re not paying for the product, you are the product.”
Just this year alone, some of the largest data breaches have included the likes of Capital One (one of the largest banks in the U.S.), Facebook, mobile game maker Zynga, and popular graphic-design website Canva. Risk-Based Security research firm published a 2019 mid-year report stating that there were over 3,800 publicly disclosed breaches in the first six months of 2019, exposing 4.1 billion records. That’s nearly 23 million records breached any given day.
However, finance and traditional tech aren’t the only ones that have been exposed and exploited. Digital currency exchanges and prominent players in the crypto space have been hacked for hundreds of millions of dollars this year, including the hack of Japanese exchange Coincheck for $534 million worth of NEM tokens and,…
To read the entire article click here
Author: Guest Author