Yet another major web breach has occurred, impacting over 400 million customer accounts, as reported in a recent Infosecurity Magazine story. This time it was an adult entertainment company FriendFinder Network, but it could happen to any company.
The cyber criminals used a LocalFile Inclusion exploit to infiltrate the network according to data breach notification site LeakedSource. As a result of the breach, a database of just over 412 million accounts has been reported on the darknet, containing email addresses and passwords stored either in plaintext or SHA1 hashed.1 Every single one of these customers is now exposed to blackmail phishing and fraud.
Website Vulnerabilities Persist
The possibility this could be your organization is extremely high when we find that nearly 75% of all legitimate websites have unpatched vulnerabilities, according to Symantec. Cybercriminals are taking advantage of those vulnerabilities. Symantec provides insight into what IT teams are up against with cybercriminals in their monthly report on web attacks. Here’s what the October 2016 report finds:2
Best Practices Are Your Best Protection
You know the drill. Systems, software and processes need to be reviewed on a regular basis. However, you should also spend some time reviewing best practices to be sure that they are a central part of your policy and processes. Here are a few key best practices from the Online Trust Alliance. The complete list can be found here. 3
The Bottom Line
Customers place their trust in you to protect their privacy and personal data. It is your obligation to deliver the best protection possible and that is accomplished by staying on top of the latest vulnerabilities, investing in the most cutting-edge-technology and/or outsourcing to a trusted vendor.
1Infosecurity Magazine, Adult Websites Breached as 412 Million Users Exposed, November 14, 2016
2Symantec, Monthly Threat Report (web attacks), October 2016
3Online Trust Alliance, Security & Privacy Best Practices, January 21, 2015