Digital credentials such as usernames and passwords connect you and your employees to critical business applications, as well as online services. Unfortunately, criminals know this — and that’s why digital credentials are among the most valuable assets found on the Dark Web.
Far too often, companies that have had their credentials compromised and sold on the Dark Web don’t know it until they have been informed by law enforcement — but by then, it’s too late. According to National Institute of Standards and Technology (NIST), small and medium-sized businesses may have more to lose than larger organisations, because cyber security events can be costly and threaten their survival.
GDPR also plays a big role in the security and safety of your data. Did you know you must report a data breach to the Information Commissioners Office within 72 hours? If you are not monitoring the Dark Web for stolen credentials how will you know when your systems have been compromised?
It’s vital to remember that even if your internal systems are super secure, your employees will still be using online services such as Quickbooks, Xero, Office 365, Sales Force, Online Banking, the list just keeps on going. Because these systems are outside of your control what measures are you putting in place to keep your credentials and data safe?