European data regulation, specifically the General Data Protection Regulation (GDPR), has brought about significant changes in how individuals and companies handle data. The ability for users to access and download all the information that websites collect about them may seem like a step towards transparency and privacy, but researchers are now pointing out the potential risks associated with this newfound portability.

CyberArk, in a recent blog post, shed light on a concerning consequence of data portability rights. Previously, sensitive data was stored in secure data centers, inaccessible to hackers. However, with the introduction of cloud-based mechanisms for users to retrieve their data, there is now a heightened risk of cyberattacks. Hackers can exploit this system to gain access to valuable personal information, posing a significant threat to both individuals and the companies they are affiliated with.

Lior Yakim, a threat researcher at CyberArk Labs, emphasized the vulnerability created by the ease of accessing highly sensitive personal data. Referred to as “White FAANG,” this attack targets data exportation from major tech companies such as Facebook, Amazon, Apple, Netflix, and Google. The risk lies in the fact that individuals often use the same devices for both personal and corporate purposes, making it easier for hackers to exploit this dual usage.

The extent of information that companies gather about individuals is staggering. From personally identifying information to detailed online activity histories, tech giants like Meta and Google store a vast amount of data. GDPR’s mandate for data portability means that this information must be readily exportable in a machine-readable format. However, this also means that hackers who gain access to user accounts can easily obtain this wealth of personal data.

The implications of this data accessibility are concerning. Hackers can leverage detailed personal information for malicious purposes, including blackmail or targeted cyberattacks. Moreover, there is a direct risk to companies as well. Employees’ accounts often contain valuable corporate data that could be exploited by cybercriminals.

For example, through an Apple export, a hacker could exploit vulnerabilities in an employee’s device to gain unauthorized access. This could lead to scenarios like eavesdropping on corporate meetings or targeting specific employees based on their device vulnerabilities. Additionally, the commingling of personal and work accounts on devices poses a significant security risk, as seen in previous data breaches at companies like Cisco and Okta.

To mitigate these risks, individuals need to prioritize the security of their online accounts. Drawing a clear distinction between personal and business-related activities online can help prevent unauthorized access to sensitive corporate data. As Lior Yakim emphasizes, personal accounts are inherently less secure than corporate accounts, making it crucial for individuals to be vigilant in safeguarding their online presence.

In conclusion, while GDPR has undoubtedly improved data privacy and transparency for users, it has also introduced new challenges in terms of data security. Balancing the benefits of data portability with the risks of potential cyberattacks requires a proactive approach from both individuals and companies to ensure the protection of sensitive information in an increasingly interconnected digital landscape.

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