As a small business owner or manager, you are responsible for your customers’ email addresses, phone numbers and billing addresses the second they type the information into a form on your website. This type of data — known as personally identifiable information (PII) — is in high demand among hackers, which is why it’s important to implement webform security best practices on your small business website.
What do hackers do with PII?
Hackers don’t usually have a direct interest in your customers’ PII. Instead, they profit when they sell the data on the dark web (also known as the online black market) for a median price of $21.35 per record.
For example, a hacker can tap into a rental property manager’s database to extract credit card information. The going rate to destroy someone’s credit or steal their identity is less than $25.
Cyber thieves then mine the information … Read more