Each of us has to become more aware of these security issues and in our roles as consumers or as application providers. As consumers, we must take precautions to ensure the security of our data in the systems we access (hint: password123 is not a good password…). In fact, good password hygiene is one of the essential elements of internet security. As application providers, we must use the best of breed systems to protect customer data and ensure business continuity.
A data breach is the intentional or unintentional release of secure or confidential information to an untrusted environment. The consequences of fraud can be huge, and we should all be aware of the very serious risks. To get a better sense of the scale of the problem, we started doing some research on recent cyber attacks and system breaches. We were struck by the results - most breaches are no longer hitting the headlines and the frequency and scale of the breaches are increasing. It's an issue we all have to take steps to address.
The Internet is a world-wide communication network of computers with limitless potential for learning, making new friends and having fun. But it’s also home to hackers and fraudsters who use it as a playground for illegal activity.