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Technology industry among the worst for client data leaks

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Businesses operating in the technology field have leaked consumers’ data more than most other industries. This is the shock finding from NordPass research, which shows that almost 780 technology companies have suffered data breaches during which various consumer data (such as email addresses, passwords, and usernames) was leaked since late 2019. This places the technology […]

Businesses operating in the technology field have leaked consumers’ data more than most other industries.

Firms operating in retail, business services, and the education fields are also responsible for a significant portion of consumers’ data leaks worldwide.Of technology companies worldwide that are responsible for exposing clients’ data to hackers, almost a third are based in the US. With US companies leading the list, India and the United Kingdom follow with around 75 and 45 businesses respectively.

“In a constantly challenged cyber environment, businesses no longer have the luxury to store consumer data in plain text on Excel or otherwise neglect basic cybersecurity practices. To avoid financial and reputational risks, companies should consider it their personal duty to ensure clients’ data is secured against online threats, even if the legislation is not there yet,” says Smalakys.In terms of organisation’s type, private businesses in the technology field were of most interest to hackers.

 

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