Final answer:
GearUp experienced a data breach where hackers accessed customer and employee personal information through their insecure wireless system. Such breaches highlight the need for stronger security measures like two-factor authentication and education to prevent scams.
Step-by-step explanation:
The computer crime that GearUp faced is known as a data breach. This type of security incident involves unauthorized access to confidential information, including sensitive personal data such as credit card details and Social Security numbers. The criminals exploited vulnerabilities in the company's wireless system to steal this information.
Data breaches can have far-reaching effects, not just on the immediate victims, but also on the reputation and financial standing of the affected organization. To reduce the risk of such breaches, companies are increasingly adopting security measures like two-factor authentication, use of stronger passwords, and ongoing employee education to avoid scams. Notably, data breaches are a widespread concern, frequently reported in the news, and highlighting the constant threat faced by online systems.
As online activities become more ubiquitous for both personal and business purposes, understanding and implementing advanced security protocols is essential. Awareness of the variety of methods hackers use, such as phishing scams, is crucial in developing a robust defense strategy. Continuous education on web security and engagement with IT professionals can help address these challenges effectively.