Global Impact Of Data Breach On Large Corporatons

888 Words Nov 13th, 2014 4 Pages
THE GLOBAL IMPACT OF DATA BREACH ON LARGE CORPORATONS

Brown. K Student
Florida International University
CGS 3095 Section U03 – Fall 2014

ABSTRACT
With the surge of cloud computing, social networks and remote digital services, there is an unprecedented urge for the government and large corporations to collect data on users utilizing the respective services. These services offer benefits to corporations in use and sale of consumer’s personal information. While these services are beneficial to both companies and consumers, it becomes a detriment when this data is lost, stolen or improperly accessed by criminal elements looking to broadcast these personal data on the black market. Using relatively current data from antivirus companies such as Norton and trend Micro Labs, we analyze the impact that data breach impounds on corporations and users at the end of the chain. The findings will provide insights on the general impact in perspective of the data breaches happening today.

THE GLOBAL IMPACT OF DATA BREACH ON LARGE CORPORATONS

1. INTRODUCTION
In today’s technological era, where data are now stored in a intangible computer cloud, always connected and our dependency on accessing these data centers for critical information has increased dramatically over the years, are now proving to showcase a major flaws in security. Gone are the times when the need to store data locally on an unconnected storage device. Today most devices are…

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