Cybernews reported on September 23 that background check company MC2 Data suffered a major data breach, exposing 2.2 terabytes of sensitive information. This breach potentially affects about 100 million Americans, raising serious concerns among cybersecurity experts about the risks faced by consumers today.
Why This Breach Matters
This data is considered very sensitive, thought to include passwords, along with identifying details in the form of email addresses. According to Gary Orenstein, Chief Customer Officer at Bitwarden, such information makes it possible for attackers to home in on the high-value targets. With all this, the attackers now have access to current email addresses with other sensitive information and can carry targeted phishing attacks or credential-stuffing attacks on a lot of accounts in the hope of accessing additional ones.
According to Orenstein, one of the scariest things is that hackers may use this data cross-referenced by passwords or slight modifications across many platforms. This may go ahead to help them gain access to several accounts if users have reused or slightly modified the same passwords.
A Growing Threat in Cybersecurity
Take the instance of the MC2 incident; it sharply reminds us that larger trends are existing within cyber threats: data breaches and cyberattacks are on the surge in all sectors. According to Efrat Tabibi, Head of Data at Guardio, "assuming that your sensitive data is always under the threat of being compromised" means "this breach signals assuming that your sensitive data is always vulnerable." This is reality for both consumer and company alike within today's data security landscape.
Tabibi says that the sophistication of attacks is increasing and proactive steps are required. She urges users to utilise such tools that will discover the phishing attacks and alert the user about vulnerabilities and deliver the ability to have real-time protection. "Those days when such tools were optional are over; now they are a must-have," she said.
How to Defend Yourself Against Future Attacks
The fact that breaches such as MC2's have become commonplace dictates that the following is the best course of action consumers can take to protect themselves: experts advise strong, unique passwords for every account and, when possible, that two-factor authentication adds yet another layer of security. Unsolicited emails and messages should be avoided, and personal information should not be requested.
Monitoring accounts to catch any suspicious activity and using a password manager for credential storage and management will be another step. Being one step ahead of attackers, tools that provide real-time phishing and data breach alerts also make their way into the picture.
The Bottom Line
The new data breach by MC2 represents the real threat looming in the cyber space of any organisation, which calls for vigilance on their part. With data being more vulnerable than ever, security experts urge the consumers to seize their weapons and take advantage of the best and readily available tools with best practice to defend their private information. This increased risk calls for not only vigilance but concrete steps in order to remain protected in a growing digital environment.
