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The company said it is in the final stages of bringing all of its systems back online from backups. In an email sent to customers today, Billtrust said it was consulting with law enforcement officials and with an outside security firm to determine the extent of the breach. With more than 550 employees, Lawrence Township, N.J.-based
Yesterday, I wrote the first part of this 5-part series on fixing databreaches and I focused on education. The next few parts of this series all focus on cures - how do we fix databreaches once bad code has already been written or bad server configurations deployed? Best of all, it's about prevention rather than cure.
In other cases, they may initiate a Denial of Service (DoS) attack to damage the victim’s public image or try to extort third parties like customers or business partners impacted by the databreach. Even if the ransom is not paid, the costs associated with restoring data from backups and strengthening security can be substantial.
These checklists include security standards and best practices for SaaS and cloud applications, and B2B SaaS providers use them to guarantee that their solutions match customer security standards. Common threats include misconfigurations, cross-site scripting attacks, and databreaches.
If data privacy infringement is committed, GDPR allows fines to be issued for violators, up to a maximum of either €20 million or 4% of the worldwide turnover, whichever is greater. At Spinbackup we welcome the General Data Protection Regulation (GDPR) enforcement for B2B markets as it is individuals who handle business relationships.
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