Page 3 - Threat Intelligence 9-24-2019

Perspective:

State of the

Marketplace

Consumer exhaustion over data breaches is starting to grow. A surge in
cybercrime is making consumers increasingly aware that they are not

exempt from data breaches. People are also finding themselves forced
to take matters into their own hands and resolve the damages caused
by an organization’s weak data privacy practices. Because of this, they
are starting to abandon businesses that fail to secure their data,
according to a survey by PCI Pal. 83% of us consumers polled stated

that they would stop spending at a business for several months after a
security breach and 21% would not return at all.

Citizens of Ecuador have joined Bulgaria in recent months by having the
privacy data of all their citizens exposed. Unlike Bulgaria’s breach,
which was the result of a hack, Ecuador’s breach was due to an

unsecured server found in Miami, owned by a consulting firm that
gathered data through many sources. The server was discovered
accidentally through a security audit, and government officials are not

certain at this point how long the unsecured server has been operating.
More bad news for WeWork this month. Cnet recently reported on the

poor state of security for WeWork’s wireless network: their review of
scan data provided by another company found 658 devices, including
computers, servers and coffee machines on WeWork's network, spilling

out an "astronomical amount" of data. Making matters worse, multiple
locations across WeWork's massive landscape use the exact same
password for its Wi-Fi network. While WeWork is mostly used by
members, anyone can book a day pass for about $50 a day or a
conference room for $25 an hour. That would be all a potential hacker

needs to get in the building and the Wi-Fi password. All of this should
be of concern for anyone who uses a shared Wi-Fi network that is out of
their administrative control.
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~Stay Secure

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