At the end of 2019, the customer data and personal health information of over 30,000 was reportedly exposed including names, address, email address, dob, phone, and medical ID numbers through a cannabis software. The cannabis dispensaries that used the software were also reported publicly in this fallout.
A medical referral agency in Alberta was attacked by hackers who were able to access their clients’ health records in 2018 through the start of 2019.
In 2017, a well-funded marijuana delivery service had a data breach in which hackers reportedly demanded 70 million dollars in ransom for the data. The theft was from a former employee of Don Davidson, MD. Don Davidson MD is a company that shared data with the delivery service company.
In a well-known news story from 2017, MJ Freeway, a tracking system for the cannabis industry, was hacked twice within the same year.
In 2018, the state of Washington’s database had a cyber incident leading to stolen sensitive data.
Hackers breached information of almost 5,000 customers from an Ontario Cannabis Store during g a recent cyberattack.
Impact of Cyber-crime for cannabis businesses
What would be the impact to your business if a cybercriminal was able to attack successfully?
A study by IBM and the Ponemon Institute determined that the average cost of a data breach exceeded $3 million. The $3 million includes all costs, such as remediation, notifying clients, and following all state laws for resolving the situation. The outcome, according to the national cybersecurity alliance, is that 60% of small businesses go out of business within six months after their security breach.
Even if one was able to handle the fallout financially, there is irreparable damage to one’s reputation and brand resulting in lost revenue for years to come. For example: Imagine you are a patient deciding between two dispensaries to get your medicine. Upon your research, you’ve discovered one has an excellent reputation, and the other has news stories about their patient data breach, which would you choose?
I’m happy to announce that I’m working with a new company that provides cybersecurity/network security. They have developed a device that will break the current mold of cybersecurity services.
This device scans up to 250 devices on a single network daily for all known exploits and suggests solutions.
For more complex issues technical support based here in America is included in the service.
Currently the inventor of the technology himself is at the end of the other line when you call support. The database of exploits updates daily from the most trusted and widely used sources known to the cybersecurity industry.
The device does not utilize long term cloud based data logging like most cybersecurity platforms currently available. This means we do not sell your data or even store it longer than necessary to address the exploits detected.
I am not a computer programmer or engineer so I can’t answer many tech questions but the inventor of this device has an impressive resume providing security to large financial institutions and his demo is highly intuitive and comprehensible.
This device replaces the need for an entity to employ a team of cybersecurity specialists with just a single device and monthly subscription fee.
Anyone interested in a demo should text me their email address at…
512.921.7033
…and I’ll schedule a demo with my team.
We’ve had great feedback from some big players in Fintech and Cybersecurity already and anticipate our product flying off the shelves after launch in a few weeks. Hit me up!
the positivity in these conversations
