Exploit: Unauthorized database access
Swindon College: Academic institution providing hands-on job training for students and adults
twib-severe Risk to Small Business: 2.111 = Severe: Hackers gained access to the college’s database, compromising the personal information of current and former staff, along with students. The breach includes information stored since 2011. As a result, Swindon College will bear the immediate financial burden of the recovery. Moreover, the incident could have less quantifiable long-term implications for their ability to attract or retain students and faculty.
twib-severe Individual Risk: 2.428 = Severe: Although the college hasn’t released specific details on the breach, it’s evident that personally identifiable information was included in the breach. In response, Swindon College has opened a contact center for those affected by the breach. In addition, the institution recommends that those impacted by the breach contact their financial institutions to identify potential financial misuse.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: A data breach will have long-lasting consequences for businesses of any size, but SMBs need to be especially aware of the financial implications of data compromises. Small vulnerabilities can have large repercussions if they are exploited by cybercriminals. Understanding and addressing your cybersecurity weaknesses is a key component of any successful business plan in 2020.