Security News > 2022 > October > Fines are not enough! Data breach victims want better security
Recent research from Thales has found that malware, ransomware, and phishing continue to plague global organizations.
21% have experienced a ransomware attack in the last year, with 43% of those experiencing a significant impact on operations.
In this Help Net Security video, Todd Moore, Senior VP, Encryption Products at Thales, discusses how the vast majority of consumers worldwide reported a negative impact on their lives following a data breach.
Fraudulent use of their financial information, fraudulent use of their Personal Identifiable Information, and targeted for tailored scams based on their information are the significant impacts.
When it comes to what should happen to organizations that suffer a data breach, consumers across the world agree that better data security measures, such as encryption and user authentication protocols, should be implemented.
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