Proton’s initiative, the Data Breach Observatory, seeks to address the alarming issue of stolen credentials permeating dark web markets. Research indicates that over 300 million stolen credentials are currently in circulation, creating dire consequences for individuals and businesses alike. Notably, small firms are at heightened risk; four out of five have reported experiencing a data breach recently, with each incident potentially costing over one million dollars. Unfortunately, many breaches go unreported, leaving organizations unaware of their vulnerabilities until it’s too late. Traditional breach notifications are often ineffective, leading to delays in companies’ awareness of security incidents.
The observatory’s real-time monitoring of dark web marketplaces enables Proton to provide immediate alerts to businesses about the presence of their stolen information. Significant breaches include Qantas Airways, with over 11.8 million records exposed, and Free France, affecting more than 19 million customers, including sensitive financial data. The types of compromised data vary widely, ranging from basic contact details to passwords and social security numbers, facilitating identity theft and account takeovers. Proton’s findings underscore the necessity for businesses to leverage proactive measures to safeguard their data in an increasingly hostile digital landscape.
👉 Pročitaj original: Cyber Security News
