Though the privacy and security of data pose a threat to Internet users around the world, user behavior towards this topic does not always reflect the advice given to address the risks associated with a security breach. Mass amounts of one’s most personal medical, financial, and educational records are stored online have the possibility of being breached at any moment. If this information is so sensitive and important, why do users seem to ignore some of these risks? As Cormac Herley, Alessandro Acquisti and Jens Grossklags explain in their articles, users do not allocate a proportional amount of time for the possible risks they face when going on the Internet because they prefer convenience to potential long-term security benefits. Though these two articles present similar …show more content…
Data breach is a topic that plagues the daily news and whether it presents itself in the form of a large company security breach or a case of identity theft in town, people are aware of their surroundings and are cognizant of the danger that hackers pose. Thus, when we are doing things like creating a new account with a website online, we are actively choosing to ignore the potential risks that surround us because creating a complex password and changing it every so often becomes too difficult. Just like Herley’s phishing example that was mentioned earlier in this paper, the time it would take to detect phishing websites and applying our knowledge to help prevent security breaches would help us save less than a dollar per year. I believe that is a risk many are willing to take, especially if it helps make our online experience that much more enjoyable and
Hackers can gain access to the computer records of banks, credit card companies, hospitals, merchants, universities, government agencies, and other organizations. Though such breaches occur much more rarely than phishing, even one instance can give the hacker access to millions of people’s personal data, including Social Security numbers, birth certificates, driver’s license numbers, health records, employment records, and financial information. The FBI reports that, since
In Herbert B. Dixon Jr.’s “Is Hacking the New Normal?”, the author is trying to convince the world to pay better attention to the technology in their lives. Dixon is addressing why he believes that the new “normal” is to live in a society where all technology is hacked and vulnerable all the time. Dixon creates the implied message that everything is a target, and should be handled as if it is a primary target of hacker’s attention and time, because it just might be. Dixon’s ideas are backed by statistics given by Peter Katel in his article “Identity Theft”, regarding the number of people that are attacked and how hard the economy is hit by the breach in security. Thus, showing just how many are attacked and giving validity to Dixon’s ideas about sources of information breaches. This source brings to light other sources of potential security breaches, and gives a new perspective regarding just “accepting” this new era. Dixon gives valid ideas on how to increase your safety but ultimately describes that nothing is completely safe.
As value customers of the Anthem, Inc. we believe it is important to keep each one of you informed of any incident that might affect your business with us. Your privacy and security is our priority for the reason Anthem, Inc. would like to inform our customers of a recent phishing attack. Unfortunately, we have experienced similar attacks in the past which led many of the employees and customers’ data exposed to hackers. Even though this is a serious matter for the company and the customers it is important for us to make our customers aware that phishing attacks are common and they cause huge losses to both the customers and the companies (Wright et al., 2014). Our most recent attack took place on April 2014 and it affected about 80 million identifiable data stolen via phishing emails. The
A data breach is a security event in which tricky, guaranteed or private data is copied, transmitted, saw, stolen or used by an individual unapproved to do so. Data breaches may incorporate cash related information, for instance, Visa or bank details, Personal Health information (PHI), Personally identifiable information (PII), This may consolidate events, for instance, theft or loss of automated media, for instance, machine tapes, hard drives, or Pcs such media whereupon such information is secured decoded, posting such information on the web or on a machine by and large accessible from the Internet without honest to goodness information security protections, trade of such information to a skeleton which is not completely open however is not legitimately or formally authorized for security at the authorization level, for instance, decoded email, or trade of such information to the information systems of a maybe adversarial association, for instance, a battling undertaking or a remote nation, where it may be introduced to more focused unscrambling techniques. While Targeted attacks keep on raise, Intriguing development in these assaults. As initially reported in a year ago 's Internet Security Threat Report, aggressors included watering-hole assaults to their arms stockpile. Anyway reports of the passing of lance phishing
In the past 12 months, there have been nearly 432 million accounts hacked belonging to many websites and applications. Many of this information stolen was sensitive, personal data such as credit card information, phone numbers, passwords, and even addresses.
When it gets right down to it, in this technologically advanced world, one of the worst things that can happen to people nowadays is having a cyberattack successfully launched against them. In particular, these cyberattacks are especially catastrophic if the end result is nothing short of a data breach. For everyday citizens, they have to be careful not only because
Bank of America is a multinational banking institute and one of the most trusted in the banking industry. This organizations sole purpose is to protect the customer’s confidentiality and assets by ensuring that data protection is the number one priority; however any organization when holding personal information can be a victim of data breach and BoA is not exempt. One of the largest risks BoA faces today is Mobile Banking. This consumer convenience is used by fifty percent of smart phone owners (Finney, 2014). Phishing is also threat to the banking industry; this strategy by hackers allows the extraction of consumer passwords and other sensitive information. Hackers targeting banking institution employees with convincing e-mails that fool them into clicking on malicious links-which ultimately compromise their credentials or
Many users are subject of Security and Privacy on the Internet issue. The term "information" now is more used when defining a special product or article of trade which could be bought, sold, exchanged, etc. Often the price of information is higher many times than the cost of the very computers and technologies where it is functioning. Naturally it raises the need of protecting information from unauthorized access, theft, destruction, and other crimes. However, many users do not realize that they risk their security and privacy online.
As the US become more dependent on computers, the adoption of digital patient records, increased regulation, provider consolidation, and the increasing need for information between patients, providers, and payers, make information security a priority. When researching literature on information security and privacy in healthcare, healthcare information systems are largely viewed as the single most important factor in improving US healthcare quality and reducing related costs. In the last ten years a lack of adequate security measures has resulted in numerous data breaches, leaving patients exposed to economic threats, mental anguish, and possible social stigma (Henver, 2007). A recent survey in the United States suggests that 75% of patients are concerned about health Web sites sharing information without their permission (Henver, 2007). Researchers, mainly in information systems, have adapted several reference disciplines such as psychology and sociology to analyze the role of individuals and employees in information security risk management and economics to characterize investment decisions and information governance (Henver, 2007). There is room for improvement within the research portion of information security as this researcher was unable to find substantive research has that focused on the results of the any breaches in information security
People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.
The analysis of 2,260 breaches and more than 100,000 incidents at 67 organizations in 82 countries shows that organizations are still failing to address basic issues and well-known attack methods. The (DBIR, 2016) shows, for example, that nearly two-thirds of confirmed data breaches involved using weak, default or stolen passwords. Also shows that most attacks exploit known vulnerabilities that organizations have never patched, despite patches being available for months – or even years – with the top 10 known vulnerabilities accounting for 85% of successful exploit “Organizations should be investing in training to help employees know what they should and shouldn’t be doing, and
In the last decade it’s amazing how technology has advanced over the years and will continue to advance for many years to come. Every year there is a new cell phone from Apple or Samsung, with new features that make our lives more convenient. From faster software to higher picture quality and so on. I am unable to recall the last time I used a camera to take pictures or went to the bank to deposit a check. Technology advances every day and many can’t wait to see what’s next to come. But with new technology comes greater risk for violations of privacy. In the following research paper I will discuss the types of security breaches and the cost associated with these breaches that businesses around the world face on a daily basis.
Privacy concerns on the web have become an undesirable consequence that people face with cyber technology. The ability of computers to gather and store unlimited amount of information from the internet raises privacy issues concerning an individual’s informational privacy. A person’s right to informational privacy is the ability to control the flow of their personal information, including the transfer and exchange of that information. An invasion of informational privacy denies people the right to control who accesses their personal information. Many internet users are unaware that they are more likely to compromise their privacy when using the internet services such as search engines and social networking sites. The internet provides access to an incredible amount of information from all over the world. Some internet users use the internet exclusively as a source of information while other internet users use the internet to create and disseminate information for others to use. However, the vast amount of information floating on the internet would not
The increasing volume and sophistication of cyber security threats including targeted data theft, phishing scams and other online vulnerabilities demand that we remain vigilant about securing our systems and information.
Their operations are very slick and swift such that stolen data is quickly exploited within seconds of being submitted by unsuspecting victims. Since 2005, over 400,000 databases have been compromised since 2005, and thousands more have gone unnoticed or reported. About 40 percent of those involved in IT security have no fixed figure on the number of hackings their companies have experienced. One of the rapidly increasing areas of ecommerce is in the use of web-based applications to replace traditional over-the counter transactions. Hackers have expectedly, latched on. According to a study by Gartner, over 75 percent of Internet security breaches are due to flaws and loop holes in software. The reason for this is that, applications are normally designed and put together quickly to get the system running, and no time is spend analyzing and assessing security implications. As computer hackers continue to step up their operations in line with technology advancements, the securities and future industry recorded a 150 percent increase in the number of suspicious activities detected by their systems. During the same time, research carried out at the University of Maryland indicated that a computer connected to the Internet was subject to an attempted hack every 40 seconds. The battle between ecommerce websites and consumers wages on, according to an independent analyst, ‘consumers are losing a tug of war.’ Simon Smelt, an economist who runs a survey company