Internet criminals are stepping up their targeting of small- and mid-sized companies because they have less sophisticated security than larger companies, a Federal official told the publication.
About 87% of data breaches could be thwarted with simple-to-intermediate preventive measures, said a Department of Homeland Security official. Cybercrime has cost the nation nearly $8 billion, U.S. Sen. Susan Collins (R-Maine), ranking member of the Senate Homeland Security and Governmental Affairs Committee, told the committee.
Data relating to more than 130 million credit and debit cards have been stolen from corporations, the publication said.
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