97% of Mexican companies reported a cyberattack in 2023
In an increasingly interconnected world, cybersecurity has become a fundamental pillar for the safe and effective operation of any company. The recent situation faced by one of Mexico’s leading department store chains and financial services serves as a clear reminder of the ever-more sophisticated vulnerabilities that organizations are exposed to.
Cybersecurity Alert in Mexico!
Mexico has become the epicenter of cyberattacks in Latin America, facing an alarming level of digital threats affecting the vast majority of its companies. According to the recent “Cyberthreat Defense Report 2024” by CyberEdge Group, the situation is particularly critical.
Mexico ranks first globally in cyberattacks, with up to 97% of companies reporting being affected by at least one cyberattack in the past year, highlighting significant vulnerability and the urgent need to reinforce corporate cybersecurity strategies.
This statistic not only reflects the frequency of these incidents but also underscores the importance of implementing advanced security solutions and proactive measures to protect your organization’s digital assets and sensitive information. The current reality, as evidenced by the mentioned case, demands a swift and effective response to counteract and prevent future breaches in cyberspace.
What is happening with attacks on companies in Mexico?
Recently, a well-known company in Mexico experienced significant disruptions in its operations due to a cybersecurity incident that occurred in mid-April. This situation not only affected its daily operations but also put sensitive data of millions of customers at risk.
The uncertainty generated by the possibility that data from 6.5 million customers may have been compromised and potentially put up for sale on the dark web highlights the severity of not having a robust cybersecurity system. Additionally, the inactivity of essential platforms and the confusion among customers about their credits and payments only added urgency to the problem.
The company activated its response protocols after identifying system failures and, following investigations, strengthened its security measures. The affected systems include its mobile application, payment, collection, and credit platforms, which caused delays in online store deliveries and inactivity of the official portal. The restoration of services is gradual, allowing cash or credit card transactions in branches.
Rumors of data from 6.5 million customers being sold on a leak site have been reported, although the company has neither confirmed nor denied this.
What happens if my customers’ data is exposed online?
The exposure of data due to cyberattacks has very serious consequences for both the company and its customers. These are some of the most notable impacts faced by the company due to the mentioned incident:
- Loss of customer trust
- Reputational damage
- Financial costs
- Legal actions
- Fraud and identity theft
- Loss of intellectual property
- Impact on stock price
- Business interruption
- Increased insurance costs
This case underscores the importance of implementing advanced security protocols, conducting regular security audits, and educating all employees on best cybersecurity practices. By adopting these measures, companies can better protect themselves against future attacks and ensure the trust of their customers and the continuity of their business operations.
Redefining cybersecurity with SASE (Secure Access Service Edge)
Surely, you have a security team that manages access to your company and ensures that everyone complies with organizational regulations, right? This is also necessary for your digital assets!
For example, the SASE solution is an integral proposal that combines software-defined wide area networking (SD-WAN) with secure service edge (SSE) services, operated through SASE, ensuring not only secure access to web resources, cloud, and applications from any location and device but also a considerable simplification of network and security operations. This means a secure and efficient operational environment that allows business continuity.
Act proactively! Ensure the integrity of your company’s data
If you want to ensure your company is protected with the latest cybersecurity solutions and adapt its infrastructure to current challenges, our team of experts is ready to offer personalized advice and help you assess your cybersecurity risk level and implement the most effective strategies for your specific environment.