Targets on Large Enterprises
July 23, 2020
Large enterprises have always been targets for hackers. Most hackers are mainly attracted to the massive amounts of capital and the customer base of large enterprises. According to the 2020 Verizon Data Breach Investigations Report, almost two-thirds of data breaches involved larger enterprises.
Even though most large enterprises can afford to take on higher cybersecurity measures, why do they encounter so many data breaches? Well, unfortunately for enterprises, it is virtually impossible to prevent cybercriminals from attacking. According to the Verizon report, phishing is one of the top threats towards more substantial enterprises. Since larger enterprises have more employees than smaller enterprises, a lot more mistakes can occur. Human errors allow data to be left vulnerable. The challenge for large enterprises is to scale security.
Along with the more substantial amount of employees, large enterprises also have more suppliers and partners. By acquiring another company, large enterprises also risk any vulnerabilities and security issues their third-party may have. Many possible human errors that could occur in large enterprises allow a lot of data to be left vulnerable.
Hacking larger enterprises can be more difficult for cybercriminals compared to smaller ones. However, if the hackers are successful, they can gain so much more from it. Per the Verizon report,79% of cybercriminals' motivation for attacking large enterprises is financial gain. Many hackers can make a fortune just from gaining loads of personal data to sell on the dark web.
So far this year, many data breaches involving large enterprises have occurred. Many enterprises, such as Marriott, Microsoft, and Nintendo, have suffered from a cyber attack. All of which have compromised millions of users and their private data. Even though many larger enterprises can survive their cyberattacks, most have lost trust from their customers.
Even though large enterprises deploy cybersecurity, many still struggle to prevent cyber attacks. With SecureCircle, large enterprises will have a cost-effective solution to protect their data. As data breaches continue to rise, larger enterprises should take on more effective security measures. SecureCircle's Data Access Security Broker (DASB) protects data at all times, including at rest, in transit, and in use. With DASB, it empowers you to enable secure access and full data control with no impact on applications, workflows, overhead, or end-user experience.
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