$55 Million Dollar Data Breach at ChoicePoint Abstract Personal data breaches have become epidemic in the U.S. where innocent citizens sensitive information is being left unprotected and subsequently disseminated between hackers. ChoicePoint is an organization that is a premier data broker and credentialing service in the industry. The company was guilty of failing to fulfil their own policy of thoroughly evaluating prospective customer organizations which resulted in a major breach. The
Choicepoint: A Case of Privacy in the 21st Century Introduction Since its founding in 1776, America has been a country where the rights of individuals are one of the most important issues. As time has passed and the country progressed, this issue has evolved and taken different forms; the Civil War was fought over whether people of all colors had the right to freedom, in the early 20th century women finally demanded their long overdue right to vote (Wikipedia, 2003), and most recently, in
Question 1. What weaknesses in ChoicePoint Information Security Management practices likely contributed to their data breach? Please explain how they contributed and what Choice Point could do to strengthen these areas. Answer: From the beginning, ChoicePoint took steps to protect its data from risks such as theft, computer hacking, and misuse. Its facilities were outfitted with numerous security cameras, and all visitors were required to be photographed. Employees had to use ID cards, personal
1. What weaknesses in ChoicePoint Information Security Management practices likely contributed to their data breach? Please explain how they contributed and what Choice Point could do to strengthen these areas. In the ChoicePoint case study, By the end of 2004, ChoicePoint was running a business in the personal data industry with almost $920 million annual revenues. Beside Acxiom and Lexis-Nexis, ChoicePoint was either first or second in that industry. Although ChoicePoint 's focus was on securing
Choicepoint: A Case of Privacy in the 21st Century Introduction Since its founding in 1776, America has been a country where the rights of individuals are one of the most important issues. As time has passed and the country progressed, this issue has evolved and taken different forms; the Civil War was fought over whether people of all colors had the right to freedom, in the early 20th century women finally demanded their long overdue right to vote (Wikipedia, 2003), and most recently, in
Information Security Management practices that likely contributed to their data break are: • Verification Process • Access to virtually any data • Recognition of Fraudulent Activity Verification Process While reading this document I realized, if ChoicePoint would have taken adequate measures to verify who their customers were some of the resulting consequences could have been mitigated. Though various checks were put into place to authenticate their customers, identity thieves still managed to circumvent
------------------------------------------------- MISM 2301 1. Itemize the nature of the information security breach at ChoicePoint and how this adversely affected the organization. Be sure to include both tangible and intangible losses in preparing your response. [table] Security Breach | Effect on ChoicePoint | A pass of the authentication of customers | * Data soon became available after authentication breach * Revealed hole in ChoicePoint security system * Trust of security standards instantly lost | Social security
Pre-Employment Screening Industry Overview Industry Overview Due to the increasing costs associated with workplace embezzlement, fraud, violence, and other unethical business practices, the need to manage hiring and personnel risk has never been of greater importance than in today's business environment. The process of verifying past employment, education, and criminal history is an essential facet of many contemporary corporate risk management programs. The pre-employment screening industry
"Their throats are open graves; their tongues practice deceit” (Romans 3:13). Snakes have been a universal symbol of fraud in literature since “The Fall,” when God transformed Satan into a beguiling snake and “[c]ursed” Satan to slide “on [his] belly” for all eternity for his deception (Alter 41). Dante uses snakes in his epic poem, the Inferno, to tie the fraudulent nature of thieves to their punishment in the seventh bolgia of the eighth circle of Hell. Snakes have metaphorically slithered through
The Verichip and Its Use This piece of technology was manufactured and is being marketed by the VeriChip Corporation. The VeriChip is a microprocessor used for verification and identification. A VeriChip can also be referred to as a radiofrequency identification tag, abbreviated as RFID. The VeriChip is used by doctors and is implanted under the human skin behind the triceps of the right arm, between the elbow and shoulder with the use of a syringe and when done the device can be used to identify