When asked why he robs banks, Willie Sutton famously responded, “because that’s where the money is.” In today’s day and age, physical currency is no longer the target of the bad guys.
Stealing actual money carries too much risk with too little reward compared to other targets. Stealing money electronically with ones and zeros has somewhat taken its place, but today’s most valuable currency is data. To date, data is not as well protected as the physical and virtual gateways to financial currency, and as opposed to actual money, can be sold many times over. Despite this not being a new phenomenon, many organizations have not gotten their act together to properly protect their customers’, employees’ and business partners’ data. Read More