Money Makes the Cyberattacks Go ‘Round: Stealing Data Easier than Stealing Money

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Presented by

Nathan Rowe, Chief Product Officer & Co-Founder, Evident

About this talk

Cybercriminals can easily monetize stolen data, either by leveraging it themselves for fraudulent activity, or by selling it –– either way, they’re getting paid. Digitally innovative hackers who target non-profit, educational, government, and other industries with minimal cyber defense mechanisms often find it easier to steal financial or medical records than it is to steal actual money, which further contributes to the value of personal data. Companies are handling and collecting more and more personal data than ever before… just one small lapse or vulnerability, and a hacker can potentially gain access to volumes of sensitive personal data. In this webinar, we’ll discuss why it’s just as important to safeguard your employees’ and customers’ personal data as it is to protect your bank account. Key Takeaways - Why cybercriminals prioritize data hacking for financial gain - The increasing value of data translates directly to dollars saved/lost - Mitigating the liability of handling data can be your best security measure
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The world's largest enterprises rely on Evident's fully-automated, fully-digital insurance verification technology to help them reduce third-party risk, improve compliance rates, and ease the burden of third-party decisioning through automated risk signaling and continuous coverage monitoring. Learn more at evidentid.com.