Recently, more and more news has surfaced about millions of consumers becoming affected by data breaches. Most of these data breaches involve a company’s point of sale (POS) machine. The main objective for hackers, when attempting to hack a company’s POS machines, is to steal the 16-digit card number from your credit card. Obtaining credit card information from big companies can be extremely lucrative for hackers, as on the black market, credit cards can sell for up to £100 per number.
eCommerce has changed the way we shop and has brought huge benefits to consumers and businesses, but it comes with increased risks. Criminals are increasingly exploiting the weaknesses in businesses’ IT systems, applications and processes.
According to the British government statistics, there were 2 million cyber crimes last year and that number is increasing fast. That’s because cybercrime is potentially very lucrative; and the risk of getting caught compared with other crimes is relatively low.
We know from our own research that 79% of all businesses, both large and small, are at risk.
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:
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.
We have joined forces with an Australian pioneer in payment card control technology to fight against the rise of global ATM Cashout fraud.
Australian-based Tranwall’s transaction security software will be offered with Foregenix’s Managed Detection and Response (MDR) and Threat Sweep services. Both services provide security visibility of business critical assets in a single pane of glass and prevent advanced targeted attacks with early detection and skilled response.
Recently, more and more news has surfaced about millions of consumers becoming affected by data breaches. Most of these data breaches involve a company’s point of sale (POS) machine. The main objective for hackers, when attempting to hack a company’s POS machines, is to steal the 16-digit card number from your credit card. Obtaining credit card information from big companies can be extremely lucrative for hackers, as on the black market, credit cards can sell for up to £100 per number.
eCommerce has changed the way we shop and has brought huge benefits to consumers and businesses, but it comes with increased risks. Criminals are increasingly exploiting the weaknesses in businesses’ IT systems, applications and processes.
According to the British government statistics, there were 2 million cyber crimes last year and that number is increasing fast. That’s because cybercrime is potentially very lucrative; and the risk of getting caught compared with other crimes is relatively low.
We know from our own research that 79% of all businesses, both large and small, are at risk.
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:
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.
We have joined forces with an Australian pioneer in payment card control technology to fight against the rise of global ATM Cashout fraud.
Australian-based Tranwall’s transaction security software will be offered with Foregenix’s Managed Detection and Response (MDR) and Threat Sweep services. Both services provide security visibility of business critical assets in a single pane of glass and prevent advanced targeted attacks with early detection and skilled response.
