Without adequate police or legal framework, Brazil may well continue to see its cybersecurity situation deteriorate. For consumers, one of the biggest concerns is that there is no law that requires companies to report data breaches (Anscombe, 2015)
In 2014, cyberattacks grew by 197% in the country, and there was a 40% increase in online banking fraud. Awareness among members of the public with respect to cybercrime remains low, however (Muggah & Thompson, 2015)
In 2014, cyberattacks grew by 197% in the country, and there was a 40% increase in online banking fraud. Awareness among members of the public with respect to cybercrime remains low, however (Muggah & Thompson, 2015)
The Target Corp has also incurred a significant costs to improve their IT security to prevent a future attack. (Riley, & Pagliery,2015)