A Single Vulnerability is all a Cyber Criminal Needs
We have been in a war against cyber criminals and data breaches since the 1900s when magician and inventor Nevil Maskelyne disrupted a public demonstration of Guglielmo Marconi’s purportedly secure wireless telegraphy technology, sending insulting Morse code messages through the auditorium’s projector. The situation has only gotten worse today.
Millions of online transactions are done every day; billions of emails are sent every year. With the massive use of the internet, there is a significant amount of breach risk too. Looking around at the headlines, where high- profile breach is reported every now and then, the lack of trust in data security is no surprise. 62% of consumers do not believe that their internet activity is private. Findings released by the U.S. Department of Commerce’s National Telecommunications and Information Administration in July 2015 by the U.S. Census Bureau, found that consumers are so concerned with privacy and security on the Internet that their household opted out of participation in certain online activities.
Forty-five percent of online households reported that these concerns stopped them from conducting financial transactions, buying goods or services, posting on social networks, or expressing opinions on controversial or political issues via the Internet. Moreover, highly regulated industries have become prime targets for email security threats now.
Given the status quo, the responsibility to protect clients, as well as their firms, falls on the shoulders of corporations. There is a need for strong encryption to protect the privacy of clients’ data. Echoworx’s encryption solution will make sure that all sensitive emails leaving an organization are encrypted. We have to fight for cyber security collectively.
By Will Nathan, Enterprise Account Executive, Echoworx