The stakes are rising in the cyber security world, as outlined in this article on Fortune.com. While the vast majority of the cases our forensic team handle - of hacked/compromised businesses - involve the theft of personal data and payment card data, we have been seeing a steady increase of corporate attacks too.
Of particular concern to us is the eCommerce market – the most targeted and easily compromised sector. Attacks have been growing increasingly sophisticated with advanced malware being used to harvest payment card data.
The landscape is changing in the Payment Card Industry with the Visa EU Mandate requiring Acquiring Banks to focus on risk management as a priority – in order to reduce/prevent data compromise of payment card data. It’s a challenging battle – considering this article and the experience our forensic team have had in seeing the level of skill and sophistication in the recent attacks, most SME businesses are ill-prepared to protect themselves.
Read more at blog.foregenix.com
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