Data breaches: What they are, how can they affect you, and what you need to do to recover from them

Sponsored Content 22 May 2022

Data breach. These two words are enough to create absolute dread in most people.

And that’s because breaches can have an incredibly destructive effect on the lives of people they affect. Living in a world that’s becoming increasingly digitized has many advantages, like increased accessibility and productivity. But one of the downsides is the increased frequency of data leaks which often bring disastrous consequences, such as identity theft. If you don’t possess the know-how on this kind of infringement, you can have a look at the following list.

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What’s a data breach, exactly?

Data breaches are security contraventions resulting from the exposure of sensitive, personally identifiable information, such as your full name, national insurance number, medical and financial information or driver’s license. Both individuals and businesses are at risk of data spills. When an enterprise is dealing with such an event, the records of everyone involved with them to whatever degree can be targeted.

It’s impossible to be completely protected against a breach, but there are many things you can do to make sure your data is as protected as it can be. Make sure you use strong passwords on your devices and don’t have them be too similar. If one password is cracked, all services sharing it are potentially unprotected. Encrypt your gadgets to make it difficult for hackers to access your details. Even if an unauthorized entity accesses your devices, they won’t be able to read them. Lastly, be sure you develop good digital habits. Don’t allow social media access to your personal information, and certainly don’t store your credit or debit card information to be stored on websites.

Why do breaches happen?

There are many factors contributing to data breaches. You’re probably thinking about cybercrime the moment breaches are mentioned. While that’s true, sometimes they can happen as a result of human error, whether at home or in the workplace, as well as weak or outdated technology or security practices. Many practices are included under the umbrella of accidental information spills. Carelessly handling data, meaning sending personal details to the wrong recipient or unintentionally making private information public, constitutes one of the main reasons for breaches.

When there’s malicious intent, it takes the form of hackers launching cyberattacks. Some types of scamming strategies most commonly used include:

  • Phishing means that hackers impersonate a trusted organization and aim to get you to share your confidential information. To stay protected from such schemes, make sure that you don’t respond to suspicious emails. If you can’t determine whether something you’ve received is valid or not, check directly with the source. And never email your personal information.
  • Brute force attacks, during which a hacker tries out many passwords hoping that one will ultimately be correct. Coin strong passwords, enable two-factor authentication and keep an eye out for suspicious IP addresses.
  • Spyware is a type of malware that monitors and records your online activity to gain information about you, which can be used for personal gain or sold to other parties for their use. Use a licensed antivirus, don’t click on pop-ups and don’t open any dubious-looking links.

How can they affect you?

Data breaches have dire consequences, being potentially debilitating. Data breaches mean significant expenses for businesses, usually amounting to millions in damages. Their reputation takes a heavy blow, and in some cases, it’s impossible to recover from an incident like this. In the case of small or medium-sized companies, data violation can result in complete destruction. Not only do customer relations and sales suffer tremendously, but tensions can rise within the company as well in the search for a guilty party. Moreover, the incident will likely forever remain recorded on some parts of the internet, meaning that a business can suffer the after-effects of a data breach even years after it has been solved.

When it comes to individuals, the most significant threat comes in the form of identity theft. Since a plethora of data can publicly surface in the aftermath of a breach, it means that many people could potentially masquerade as you. This means that they could get medical treatment or prescriptions, access credit or get new cards, and commit a number of fraudulent activities, all in your name. It is notoriously difficult to fight against, albeit not impossible, and it can leave you struggling with legal troubles and unable to access the compromised resources.

Should you claim compensation?

If you’ve been dealing with the aftershocks of a data breach yourself, it might be worth it to look into how you can claim compensation for it. You should choose a data breach compensation expert to help you on this path, as the legal aspects of the matter can be challenging to navigate for someone who’s not proficient when it comes to the law. You benefit from a No Win No Fee service, meaning that if your claim is unsuccessful in court, you don’t have to pay for the proceedings. This is very important, as you are likely to be struggling if the breach affects you financially. An expert will inform you on the type of evidence you should summon in court, such as proof of the harm the breach has caused to you and how it impacted you mentally, financially, or both.

How can you emotionally recover?

Following a data breach, you are likely to struggle with a number of negative emotions, ranging from guilt to anxiety and depression. You might also experience disbelief that something like this could happen to you and become fearful of everything that has to do with the digital world. Depending on the information disclosed, you may also deal with humiliation and social isolation. These feelings are all normal, and if you feel that you cannot healthily deal with them and they’re becoming increasingly overwhelming, affecting your quality of life, you should seek help from a counselor. They can help you navigate these difficult times and help you move forward with your life.

Data breaches are awful, destructive things. But they are not impossible to overcome, and you can certainly do it with a bit of perseverance.

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