It didn't snowball to include confidential files owned by other businesses that were stored on Dropbox. The breach of confidentiality ended with Dropbox. Does that number scare you?īy all accounts, the 2012 Dropbox breach was not catastrophic. Now, multiply those averages by your total number of clients, your total number of employees, and the number of clients and employees affiliated with any subsidiary companies. In the financial services industry, a single stolen record cost $206 on average. For the healthcare industry, the average cost was $408. To put this in perspective, in 2018 a single stolen confidential record cost the company $148 on average worldwide, up 4.8% from 2017. How many files detail trade secrets? Do your invoices include confidential client information like names, addresses, and phone numbers? How does HR store employee information such as identification numbers, bank account information, and performance reviews? Now, think about what information you store on your business's computers and devices. We forget that our files may not actually exist on any hard drive that we own. We ignore that is transmitted to a Web server, often one beyond our control. We save it to a folder on our computer and then enjoy the convenience of accessing it across all of our devices. We don't stop and ask ourselves is this file secure. As users, we all treat our cloud drives like physical hard drives. Alternative to dropbox for bank employees password#The Dropbox breach highlights a bigger problem than employees ignoring password policies and even storing confidential information inappropriately. When the attackers accessed that employee's cloud drive account, they downloaded files that included 68 million Dropbox usernames and passwords. The Dropbox employee used the same password for both LinkedIn and Dropbox. On 1 August 2012, news broke that Dropbox was hacked. Secure Collaboration for Enterprises: Private Enterprise App to Combat Data Breaches and Violations In a perfect world, this story ends with the Dropbox employee changing their LinkedIn password. Among those usernames and passwords was a Dropbox employee. This number later climbed to 117 million. On 6 June 2012, the business social networking site LinkedIn reported that cyber attackers stole the login information of 6.5 million users.
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