Once this information is leaked or sold, affected individuals could become victims of identity theft. While large organizations may be able to come back from such a financial loss, for many small businesses, it could mean the end of the road.Īlthough corporations are the targets of data breach attacks, individuals can be impacted if the breach includes sensitive information about employees, customers or users. The companies impacted by a breach, can end up spending millions in repairing damaged systems and reputations. The damage caused can impact both the business and its clients for years to come. Other times the goal of the attack is to affect an organization’s day-to-day operations by flooding a system to render it inoperable. They will then sell this confidential or proprietary information on the dark web or sometimes hold it hostage until the organization pays a ransom. Cyberciminals target businesses or government organizations that hold valuable data such as names, credit card numbers, social security numbers, trade secrets or customer information. Hawaii Alaska Florida South Carolina Georgia Alabama North Carolina Tennessee RI Rhode Island CT Connecticut MA Massachusetts Maine NH New Hampshire VT Vermont New York NJ New Jersey DE Delaware MD Maryland West Virginia Ohio Michigan Arizona Nevada Utah Colorado New Mexico South Dakota Iowa Indiana Illinois Minnesota Wisconsin Missouri Louisiana Virginia DC Washington DC Idaho California North Dakota Washington Oregon Montana Wyoming Nebraska Kansas Oklahoma Pennsylvania Kentucky Mississippi Arkansas Texas View Plans What is a data breach?Ī data breach happens when someone accesses a network and views or copies an organization’s data without authorization. Read on to learn more about data breaches, how they happen and the steps we should all take to protect ourselves. ![]() As a result, companies that suffer a breach will often offer free credit monitoring services for affected customers, which contributes to the overall cost of data breaches. ![]() Once the data is out on the web, it's hard to put the toothpaste back in the tub. Hackers can infiltrate an organization by taking advantage of human error, but some are skilled enough to break even the most secure systems.Ī single data breach can impact a massive amount of people - for example, Yahoo’s three billion user accounts - and/or have long-lasting consequences when the information released is highly sensitive, like in the 2017 Equifax breach. A data breach is a cybersecurity incident where someone accesses a system to view or copy sensitive or private information without authorization.
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