How Vulnerable is Your Industry to Cyber Crime?

Any company harboring sensitive customer data could become a target of a sophisticated cyber attacker.

That being said, certain industries are still more vulnerable to attacks.

Let’s take a look at 4 of the most vulnerable industries:

FinancialServices

Healthcare Insurance Retail

1. Financial Services Attacks

*Data Source: Websense Security Labs Report

Financial services and banking companies are 300%* more likely to experience a data breach than the average company.

*Data Source: Websense Security Labs Report

33%* of all lure-stage attacks (phishing and other social engineering) are launched against financial services.

Cyber insurance is often used as an excuse not to upgrade security systems in the finance industry - so make sure your network defenses are prepared for sophisticated attacks.

2. Healthcare Cyber Crime

*Data Source: Websense Security Labs Report

Since electronic health records (EHRs) came onto the scene in 2009, breaches of healthcare systems have cost the industry $50 billion and compromised 94 million records*.

*Data Source: Websense Security Labs Report

Healthcare is 400%* more likely than average to be targeted by advanced malware attacks.

*Data Source: Websense Security Labs Report

The healthcare sector is 74% more likely to be impacted by phishing schemes such as FakeBank.

3. The Insurance Industry

The insurance industry may not have as many cyber security reports available, but that doesn’t mean cyber crime isn’t targeting it...

In 2015 alone, health insurance providers* Anthem and Premera experienced data breaches resulting in 100 million compromised personally identifiable information (PII) files.

*Data Source: PropertyCasualty360

4. The Retail Industry

The retail industry has been the target of some of the most devastating data breaches in history - including Target and Home Depot.

*Data Source: IBM Security

Cyber attack volume has dropped significantly, but breaches of 10 million or more records increased by 43% between 2013 and 2014.

*Data Source: IBM Security

In 2014, retail data breaches resulted in over61 million compromised records - fewer than 2013, but still a near record high.

Why No Industry is Immune to Data Breaches

Whether you’re in a high-target industry or increasingly vulnerable industries such as energy or education, you could be the next target of an attack.

The key to modern cyber security is not to shy away from the danger - but to attack problems head on.

Updating your security measures with a proactive Deceptions Everywhere® approach can be a game changer

for your defense systems.

www.illusivenetworks.com