In the past several years, certain nations have been more aggressive in their pursuits of cybersecurity standards and regulatory overhauls, while the most active ones have consistently performed the best in terms of protection and mitigation of identity theft crimes.
Although cybercrime was once a highly intangible threat in the eyes of the average business owner, it has become all-too-real in the past few years, impacting thousands of organizations and millions of consumers each year.
The mobile revolution has had a dramatic impact on the average bank or financial provider, especially considering the rapid increase of consumer demand for services that are accessible through smartphones, tablets and portable computers.
Patient data is among the most protected and sensitive information in the world, especially as the theft of such files could lead to life or death types of situations.
Researchers continue to conduct studies in efforts to stimulate more intelligent decision-making in the cybersecurity arena, as statistics related to the frequency and damages of breaches have become more disheartening in the past few years.
Data breaches have increased in frequency and breadth in the past few years, leading to significant financial issues for a broad range of industries, as well as consumers and government agencies.
The scale of recent data breaches has seemed to explode, further highlighting the risks that are inherently present on the Internet today because of such a higher volume and diversity of users.
Consumers have been at the losing end of the cybersecurity war in the past few years, and many continue to be otherwise negligent to the risks that abound on the Internet today.
Although a significant amount of preventable damage has already been done by major data breaches in the past several years, more watchdogs and regulators are beginning to increase efforts to strengthen security standards among a variety of sectors, most notable health care and financial services.
Financial services providers in North America and abroad have come under fire for their data and network security practices in recent years, as more officials work to tighten regulatory compliance statutes and defend consumers’ identities.