The online environment is not the safest place to play around in. It seems that around every corner there’s a cyber-criminal waiting to catch the unwary. And, with the advances in software and tech these days, you might find yourself a victim thanks to someone else’s carelessness.
The Effect of Cybercrime in Your Personal Life
Take the Facebook scandal that broke in 2018, centred on data collected illegally by a marketing firm. The scam was simple – they created an online quiz via Facebook. It was something fun and meaningless, the type of thing that you complete when you’re bored, and then share with all your Facebook contacts.
You weren’t asked to share any personal information, so there wasn’t really any harm in it. Or, that’s the way it seemed. What you were actually doing, though, was allowing the app to access your data on Facebook.
The app had access to your posts, your information and, more to the point, the information that your contacts had posted as well. Which meant that even if your contacts were careful about what information they shared, you’d unwittingly given the app access to their information as well.
Now, the idea behind this was to gather information, rather than steal credit card numbers, but it just goes to show how easily you can lose control of your data online. It highlights the fact that we should all be taking security awareness training a lot more seriously than we do now.
The Effect of Cybercrime on Businesses
It’s important to do this at home, and it becomes even more important when you’re in business. Here’s a sobering statistic gleaned from the EveryCloud infographic for you. 60% of small businesses close down within six months of a data breach.
Businesses have a duty to protect the information that businesses entrust to them. And, in this environment, “I’m sorry it happened, but we did everything that we could” will not cut it. Businesses found guilty of being careless with the way that the client’s information is stored can face:
- Serious reputational risk
- And liability claims
And we’re not talking about small change here. You could end up losing your business thanks to the combination of fines and liability claims.
Prevention is Better than Cure
So, what are you to do? You’ll get full details on actual prevention measures by going through the infographic, but the key is to remain vigilant. It’s better to assume that your data is constantly at risk so that you never let online security slip.
We all know the basics, like not opening emails from unknown senders, choosing a strong password, etc. but a lot of the time when we do get caught out, it’s more because we relaxed our guard. Don’t let yourself become a victim because you got careless – once that genie is out of the bottle, it’s hard to get it back in again.