Many companies likely have had their email credentials compromised without realizing it. In September 2016, researchers revealed that they found about 5 million unique business email credentials stored in hackers’ dump sites and other underground cyber markets. When the researchers crosschecked the compromised email addresses against the domains of the top 1,000 companies in the FORBES Global 2000 list, they found that 97 percent of those organizations had at least one of their email addresses listed for sale in the underground cyber markets.
The compromised business email credentials came from data breaches that occurred between April 2014 and June 2016. While some of the credentials were obtained from company breaches, the majority came from breaches of social media, gaming, and dating sites. These findings point to the fact that many employees use their company email addresses for personal online accounts.
Using company email addresses for personal use puts businesses at risk. If those email credentials are compromised, the companies might fall victim to:
To avoid having your company’s email credentials fall into hackers’ hands, you need to have an email policy that explicitly states employees are not allowed to use company email addresses for personal use. You should also educate employees about the dangers of reusing passwords. Your IT service provider can help you with both endeavors as well as help you develop a plan for preventing data breaches within your business.
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CHIPS Computer Services is an award winning Managed Services Provider specializing in help businesses increase efficiencies and profits by levering properly managed technology. To learn how CHIPS can help your business, email us at email@example.com to schedule no cost business assessment.