Stellar reveals 7 in 10 Indians at data breach risk due to old devices
According to a report of Stellar Information Technology, seven out of every 10 individuals in India are vulnerable to data breach and privacy risks while disposing off their old storage devices. The study highlights the importance of using secure data wiping methods at the time of selling old storage devices.
The study points out that the stored data can easily fall into the wrong hands, and can lead to identity thefts, financial frauds, personal security threats and user privacy issues.
The study reveals that, businesses are vulnerable to data theft and misuse of business-critical information like financial reports, trade agreements, intellectual property, business intelligence and trade secrets. This lack of awareness among customers at large can lead to an alarming rise in acts of cybercrime.
To reach to the endpoint Stellar analysed over 300 used devices comprising hard drives, memory cards and mobile phones at its laboratory. The devices analysed in the study were procured from individuals, online portals and resellers across multiple locations.
The analysis of the study on residual data in second-hand devices revealed that 71 per cent of these devices contained personal data, personally identifiable information (PII) and sensitive business information.