Cybersecurity Insights

We’re fast approaching the middle of 2019, and already we’ve seen numerous announcements of major data compromises involving millions of personal data records being stolen, including:

1. Email addresses & passwords
2. Passport numbers
3. Social security numbers
4. Banking information & credit card data

While the largest breaches catch our attention and have done a lot to raise awareness to the threat these criminals pose to our society, what is often less well reported, and therefore, less well understood, is how the smaller end of the business world is being targeted. As an example, we rarely hear about the thousands of successful small to medium eCommerce websites that have been hacked, and are quietly leaking all their customer payment data to criminals every day.

Data breaches seem to be a regular feature in the news nowadays, especially since GDPR regulation kicked in last year. This higher frequency of articles announcing newly-hacked-victim-organisations gives an idea of the growing scale of the security problem - a trend that we have been talking and warning about for years.

Organisations particularly at risk of compromise are online businesses - eCommerce websites. In fact eCommerce websites are currently the most targeted type of organisation within the Payment Card Industry - simply because the crime is so much easier to execute. The reward for criminals is not as high as targeting a bank, but the crime is a lot easier to pull and scale too.

Foregenix is proud to announce the launch of its Blockchain & Cryptocurrency Security Practice. Building upon years of experience in the Payment Card Industry (PCI) helping organisations secure their people, processes and technology, and in response to constantly increasing cybersecurity attacks, Foregenix is once again extending its portfolio of services.

We're very excited - and honoured - to announce that we have made the Sunday Times Export Track 100 alongside some of Britain's fastest growing exporting businesses.

We recognise that achievements like this are only possible with the support and loyalty of our clients and our talented team - thank you for your support and belief in Foregenix.  The increase in business through the last year has enabled us to grow our teams across the globe and refine our products and services to continue provide the best customer service we can offer.  

Foregenix has further expanded their APAC presence with the addition of Dan Ball to the team as a Territory Manager in Australia, with responsibilities for sales and marketing in APAC. We branched out into Australia in 2017, headed up by Ray Simpson, Regional Director.