Despite a high level of headline-grabbing hacks and the fact that criminal hackers run huge markets of information for sale upon request, most businesses whose confidential information has been hijacked don’t realize how much damage can be caused.
“Before vulnerabilities are publicly discovered and patches are released, bugs and zero-day exploits can cause a lot of information to be stolen, invisible to the victims,” said Alexander Michael, director of consulting at Frost & Sullivan, in a research note. “SMBs are just as vulnerable as large corporations – but they lack the resources to protect themselves – and they are more likely to use open source platforms (e.g. WordPress), which are vulnerable to many common attack vectors.”
He added, “However unpleasant the thought, we should never forget that criminal hackers are all about money. They are highly skilled and trained, and highly motivated by profit.”