IT Security Experts Expect More Massive Breaches in 2015
While data security experts spent most of 2014 discussing the fallout from the massive credit and debit card retailer breaches, these same experts continue to report that credit/debit cards and healthcare records will be the most vulnerable in 2015.
“Breaches aren’t going away,” said Sword & Shield Director of PCI/EI3PA Services John Harmon. “These are highly-skilled professionals who are good at what they do.”
In 2014, alone the cybersecurity world saw credit/debit card breaches from:
- P.F. Chang’s
- Sally Beauty Supply
- Michaels Arts and Crafts Store
- Goodwill Industries
- Jimmy John’s
- Neiman Marcus
- The Home Depot
- JP Morgan Chase
- ACME Markets
And that’s not all: Experts say more huge breaches have occurred, but have not been publically identified.
“These incidents prove we need to rethink our approach to information security,” Harmon said. “We need to take a holistic approach and remember that just because a company is compliant doesn’t mean it’s secure and being secure doesn’t mean you are invulnerable.”
In 2015, the focus for most retailers is the looming deadline to upgrade to point-of-sale systems capable of processing chip-and-PIN cards by October. According to an Experian report, the global information services group expects cybercriminals to increase the volume of attacks early in the year so they can compromise as much as possible while they still can.
Healthcare records are also of concern to the cybersecurity world. The same Experian report, electronic medical records, and the explosion of health or fitness-related wearable devices, make sensitive health information more vulnerable.
Businesses need to know where their business critical information is at all times and 2015 should be the year that cyber security stops being the responsibility of some and becomes the expectation of everyone.
Early detection measures and rapid response, in addition to building an effective defense against cyberattacks, fraud and malware are the keys to protecting a business’s sensitive data.