With the amount of information transferred and transactions conducted on the Internet daily, opportunities for modern criminals are greater than ever.
During a recent speech at the Federal Trade Commission (FTC), President Obama reminded us: “If we’re going to be connected, then we need to be protected.” The sentiment summarizes a growing problem facing businesses that rely on modern technology to transact business: the data breach.
“Data breach” is a term used to describe a wide variety of lapses in security that result in unauthorized access to information stored in electronic form. High-profile mega data breaches receive the greatest media attention, but small and mid-size companies face the same risks.