Many companies only realise that their customer’s data is breached when they receive a notification that the data appeared on the dark web – a particularly elusive and shady part of the internet. But what is it, and why does it matter so much? This Verizon article provides answers.
The dark web emerged in the 1990’s from a US research project. Its goal was to exchange anonymous information across the internet
The dark web is a specific section of the unindexed part of the internet that is difficult to access without the proper tools.
With your regular browser, you won’t be able to access it. Instead, you’ll need a special browser
Cyber criminals often use the dark web as a platform to organise themselves, and buy and sell illicit products and services. For instance, stolen credit card information, user login credentials, ransomware-as-a-service, or previously unknown vulnerabilities (“zero days”)
Why does this matter for cybersecurity and businesses?
Many companies have found customer data on the dark web
As a result, monitoring the dark web can help identify and detect breaches and cyberattacks
Companies in the cybersecurity space offer services that monitor activity in the dark web and provide that as intelligence to clients
Wouldn’t it be great to have an overview of how countries across the globe differ in their exposure to cyber risk? This research piece provides the answer by analysing quarterly earnings calls of more than 12,500 companies.
Regulators are tightening their grip on improper handling of cyber breaches. The Security Exchange Commission now regards cyber risk as an existential risk to business. How can companies avoid big fines?
Some companies are more mature in their cybersecurity capabilities than others. But are companies that do well in cybersecurity also more profitable? A McKinsey survey shines light on differing maturity levels of companies and explores the correlation between cybersecurity maturity and profitability.
By Manuel Hepfer