Social media platforms remain the easiest way for hackers to gain access to firms’ data, according to Atlas VPN. Have you ever been a victim of a social media-related data breach?
Social media platforms are quickly turning into a primary security weak point for businesses, with social media data breaches accounting for 41% of all leaked records across the globe in 2021.compiled by private browsing solutions firm Atlas VPN. The data gives insight into the scope of social media-related data breaches globally.
Atlas VPN says within the past few years, it has observed multiple large-scale data breaches involving companies like Facebook and Twitter. “Fraudsters also frequently attempt to infiltrate businesses by leveraging mutual connections, which creates a false sense of security.” “While the average cost of a retail breach was $2.01 million in 2020, it increased by 63% to $3.27 million in 2021. When the enormous volumes of personal data that retail websites collect are not adequately protected, it creates the ideal environment for breaches and subsequent fraud,” says Edward G, cyber security researcher and publisher at Atlas VPN.
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