The Type of Data You Should Be Protecting
Both your in-office and remote employees should know what types of information would be of interest to a cybercriminal. People who commit these types of crimes are opportunistic. The sheer volume of information is of interest to them. If they steal a company’s information, there may be thousands of pieces of information that are no good to them from a financial standpoint.
However, as is often the case, there are usually thousands, if not millions of pieces of information that equal digital paydirt to them.
Cybercrime has proven itself to be a very lucrative business, costing the world $6 trillion in 2021. That’s a $3 trillion jump from 2015 when cybercrime accounted for $3 trillion worldwide.
In fact, cybercrime is so lucrative, that it has surpassed the illegal drug trade in terms of profits. These crimes include ransomware attacks, phishing schemes, and more. They can affect workers who, because of weak security measures, expose their employers’ data and their personal login information to the worldwide web.
The types of information you should think about protecting when you’re looking into digital security and paper shredding are as follows.
Financial data: As you can imagine, a person’s credit card information, pin numbers, bank account information, and more are usually of great interest to bad actors. These bad actors then set about ordering items online, stealing money from bank accounts, and spearheading other types of online financial crimes.
Customer and employee personal data: This information will include a person’s social security number, passwords, email addresses, phone numbers, home addresses, spouse and children’s names, and more. This information forms the basis of cyber theft. Used in the wrong hands, it has the power to destroy a person’s good standing with the credit reporting bureaus as criminals go on spending sprees and leave the bill in the hands of the person whose information they stole.
Medical records: If you’re like most people, you probably can’t imagine why anyone would want someone’s personal medical history. As it turns out, information about prescription drugs leads to illegal resales of those drugs on the black market. Personal medical histories can be turned into fraudulent insurance claims. Being sick is quite lucrative, at least from a cyber criminal’s point of view.