Cybercriminals are known to copy data and either blackmail the affected company to pay compensation for return of the data or sell it on dark web. Data sold for adsHe added that there is an on-going massive debate over the morality of firms that sell user’s data to advertising agencies. No progress on data security front can be achieved without substantial investment. Therefore data security departments need to be sustainable.”The official highlighted that security of key installations needed to be reviewed in a serious manner. “Financial transaction and data need to be secured because these are the most common areas where breaches can take place,” he said.

Source: The Express Tribune November 14, 2021 10:45 UTC