News wrap on trending cyber-attacks

August 31, 2017

An extension of the WooCommerce WordPress plugin, used by 28 percent of all online stores, has been patched against a reflected cross-site scripting vulnerability. The vulnerability was found in the Product Vendors plugin, which allows an existing ecommerce site to support multiple vendors, products and payment options. Versions 2.0.35 and earlier are affected by this vulnerability, and site owners are urged to patch immediately.

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Instagram has revealed a flaw in its systems revealed “a number of” stars’ phone numbers and email addresses to cyber-attackers. The Facebook-owned social network has emailed verified members, usually prominent figures, to let them know.

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Sometimes cyberattacks are incredibly sophisticated. They succeed through careful planning and methodical execution. Other times hackers will launch wholesale attacks, setting as many traps as possible and waiting to see how many people walk into them.

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A cyber-espionage group believed to be operating out of Russia for the past two decades has deployed a new backdoor trojan on computers at embassies in Southeast Europe, former Soviet states, and some South American countries.

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Every company needs to have a security program

No matter how large or small your company is, you need to have a plan to ensure the security of your information assets. Such a plan is called a security program by information security professionals. Whether yours is five or 200 pages long, the process of creating a security program will make you think holistically about your organization’s security. A security program provides the framework for keeping your company at a desired security level by assessing the risks you face, deciding how you will mitigate them, and planning for how you keep the program and your security practices up to date.

Mitigate Your Liability

If a data breach does occur and your client information is revealed, then you could be facing liability issues and legal action. Your liability problems can become much worse if it is discovered that you were using a service that did not comply with industry security standards.

Build Client Trust and Loyalty

You want clients and consumers to have complete trust in your business. If people do not trust your website or business, then your profits are going to suffer over time. One way to build trust and loyalty is to use a service that complies with all  guidelines. Consumers who see this compliance will understand that everything possible is being done to protect sensitive personal and financial data.

Remain Compliant As Standards Change

TThe changes address the newest threats or provide updated standards for the latest technologies. Each one of these changes can be difficult to implement when you have a limited information technology staff.

Provide Customers with Peace of Mind

One of the main ways compliance S is good for your business is because it will provide peace of mind to customers. Consumers know that complying with this set of standards creates a more secure server and infrastructure. The

Limit Your Damages and Liability If an Attack Occurs

Your entire business could be permanently hurt if a data breach occurs that reveals consumer credit card information. The damage could harm your company for years to come. Additionally, you could be liable for a large amount of monetary damages to customers if you have not taken every step to protect sensitive personal data.

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