Common Industries at Risk for Data Breaches
By Matt Brennan
The industries at risk for data breaches are varied. A hacker’s motives will likely determine why an industry, or a specific company is targeted. Understanding their motive and the information that they are after can help your company protect itself from these types of cybersecurity threats.
Some of the reasons that a hacker may attack include:
- Financial gain
- To gain knowledge of current activities through spying
The most frequently targeted industries each offer something for hackers in this respect. Below are some of the hackers’ most common targets.
Top Industries at Risk for Data Breaches
The Financial Industry
The financial industry is routinely a top target for hackers who are looking for financial gain. Banks, insurance companies, and wealth management companies are all at risk. A hacker may use web application attacks to force their way into the system. In a large company, millions of clients may be using the web app at any given time, making these attacks cumbersome, and difficult to track down.
In March of 2019, 2.4 million records from the Dow Jones were exposed. The incident highlighted the need for major organizations to look into vendor risk management. Some hackers may try a different approach. It could be as simple as installing skimmers or card traps on an ATM.
Higher education institutions often funnel money into building renovations and attracting potential new students. They’re focused on large academic projects and research development. Their singular focus in other directions can leave them susceptible to various cyberattacks. Ransomware poses a threat for colleges and universities. They need to develop strong IT departments capable of handling these types of threats in real-time.
K-12 schools are also at risk because hackers understand that there won’t be as strong of a cybersecurity presence there. They can serve as a training ground for hackers to learn how to access important records. K-12 schools often have outdated, less secure equipment. Malicious actors are able to break in and access student or teacher personal information, modify grades, or simply disrupt the system in any way they want.
Stolen medical records give hackers access to personal data that often leads to financial gain. They also lead to the ability to secure prescription drugs or gain unauthorized access to medical programs. These benefits can lead to strong incentives for cyberattacks.
Because the data storage programs used by healthcare companies can often be complex, unintentional leaks also occur frequently, which can also be damaging.
Retail is one of the top industries at risk for data breaches because it was unaccustomed to the need for cybersecurity. Many retailers have been slow to the need to adequately protect the sensitive customer information that they collect, such as credit card or even social security numbers.
As many as half of all US retailers have experienced a data breach within the last year, an alarming statistic that speaks to the frequency they are targeted.
Because of the sensitive nature of the personal information that is stolen, the attacks on big box retailers have become high profile and tend to draw attention to this issue. These cyberattacks can have a devastating effect on a retailer’s brand when they are mishandled.
There are many industries at risk for data breaches, for various reasons. With the ability to store vast amounts of data, come those who look to access it for malicious purposes. A more robust data protection effort can help to protect sensitive data and company infrastructures. If your organization has fallen victim to a cyberattack, it can be devastating to your organization and your reputation.
If you’ve lost access to sensitive data, you can contact us to help you regain access.
Customer Reviews Total: 41 Review(s)
This service was rated 5 out of 5.0 based on 41 review(s)
Suddenly my hard drive crashed during on hangout with my friends. My most expected tour was not good at thinking about my hard drive. After return back, I went to WeRecoverData they saved my hard drive. That was appreciative.
I think it is the best company in the world regarding data recovery. They take all types of recovery cases with great responsibility and ensure they work with the best possible solution for your specific case. I highly recommend it.
Superb effort from werecoverdata. I had no idea how to fix it when I faced a horrible problem with my RAID NAS. But they solved it very quickly and superbly. I recommend them!
Thanks to all staff of werecoverdata for excellent work and for getting my company data back! I got frustrated when a deadly drop damaged my hard drive. But they solved it!
Few days ago my raid server is crashed dangerously. It was not starting any more. I tried in a various way whatever I know but I could not fix it. My uncle told me about WeRecoverdata. Then contact with them and they repaired it. Thank you guys.
Those are suffering bad experience of getting a reliable and professional recovery service provider, definitely, they can choose werecoverdata. I highly recommend it.
Thanks a lot
The location is a bit hard to find out but eventually, I did. They recovered my hard drive, which was mostly dead. Thanks a lot.
Definitely weRecover team is great to solve that kind of hard drive problem. Great response and remarkable. They recovered my all data successfully within short time. I wanna give special thank to David. Thanks a lot man.
Liked Your Service
I have been using my HP laptop since 2016. Few months ago I could not open my laptop. After pressing the power button its showing nothing. My friend told me about that company. They recovered my laptop. Now its working perfectly. Thanks a lot WeRecoverData.
Pretty good experience
It was really pretty good experience. They are so professional, punctual and reliable. I strongly recommend it.
A lot of thanks to werecoverdata. You did really remarkable work. I was frustrated when lost my important data from a hard drive. I sent my hard drive to WRD then they got all the data back. At first, I couldn’t believe anyone can recover it since my computer tech said he can’t do it. All credit goes to werecoverdata.
Fantastic service from all the guys at werecoverdata. I was having pressure when corrupted data from my hard drive .Then I went there and they fixed it superbly.Thanks for removing the pressure!
I faced horrible problem but they solved it extremely well.My problem was that hard drive crashed dangerously.At this moment I thought the sky was broken on my head.Thank you for that.
Thanks to WeRecoverData. You fixed the hard drive problem promptly. I am impressed… Anybody can rely on werecoverdata.
Obviously great work from werecoverdata.Definitely no doubt about this company because they take seriously to solve any kinds of problem.I have lot of assurance at them.A lot of thanks to them.
Oh Tom really fantastic work. You saved my important days. Raid 5 server damaged dangerously few days ago. But you fixed it well. Thank you for that!
All credits goes to werecoverdata for recovering raid server.I thought impossible to repair it but they was taken sensible and fixed it.Now I can fully trust on werecoverdata.All thanks to them.
Werecoverdata, you did a really very helpful work.I was angry when my hard drive got dropped from my mistakes. I recommend the company and give a lot of thanks to werecoverdata.
After my hard drive crashed I was going to be totally mad. One of mu cousin suggested me to meet that company. I did and got the best service ever I had.