Is Data Breaching The Harmful Effect Of Breaching. A Large Scale Industry?

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

The first point of analysis is related to National Data Breach reporting which main goal is to protect consumers against identity theft and incentivize businesses for better cyber security. Businesses are required to inform the consumers if the intruder had access to the consumers’ personal information in order to prevent further damage or loss. The information security policy of State of Maryland is set forth to provide any data breach incident

In today’s IT world every organization has a responsibility to protect the information and sensitive data they have. Protecting data is not only responsibility of security and IT staff but every individual is involved in protecting the information. The risks to information security are not digital only, but it involves technology, people and process that an organization may have. These threats may represent the problems that are associated to complex and expensive solution, but doing nothing about these risks is not the solution.

This case study, written in 2009 is not the only case where a major data breach has occurred within organizations. In the late 2011 Sony’s PlayStation Network (PSN) was breached impacting up to 77 million user’s accounts including data on names, address and possibly credit card details. In late 2013 Target had a cyber-attack that compromised a large quantity of its data and had 110 million accounts compromised. Finally in September 2014 Apple had their iCloud server breached by hacking that compromised all the users of the online server. These occurrences still have some unanswered questions and several experts have yet to decipher the actual reason as to why the security breach occurred.

The Home Depot, the home improvement, construction products and services retailer got hit by hackers by compromising the millions of customer’s data. The data of credit cards and debit cards have been stolen by the hackers.

While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain

-evaluate the impact of such a breach on the security of confidential information and on the infrastructure of the website.

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 my opinion, the paper made me agree with many significant aspects in connecting several data breaches that were recently happened, along with some strategy insights that could be deployed to strengthen and prevent similar incidents in the future. Starting with the introduction, the author was informative in convincing me on the important and the impact of information security not only in the public and privet sector of a country, but in general by enlightening me about cyber security, its different forms, and the reasons why attackers perform it. Then, the author goes further in clarifying the situation regarding the UA breach, even when there were some questions about the motive behind it since the compromised information is not on

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.

Individual employees should be protected from penalties with regard to sensitive data that has been compromised/released. Since a majority of security breaches result from corporate culture, malicious attacks, or glitches in the system, employees should be protected from misdirected penalization. Such breaches may also stem from improper training of computer illiterate employees. With the many factors involved in a data breach, a company will benefit more from providing a great employee with proper safeguard procedures than from hiring a fresh employee, one just as likely to make such mistakes.

Data breaches are increasingly common as companies are faced with securing a multitude of networks, devices, applications, users, and files used in the course of conducting business. And with global workforces and the rise of cloud computing, security perimeters are more difficult to define than ever before. These issues combine to create a perfect storm – a climate ripe for hackers to take advantage of. (Lord, 2017) Below are the trending data loss trends to watch out for:

It is important to note that whether an attack is perpetrated by a hacker group, other corporations or individuals, organizations must always prepare adequately through intrusion detection and prevention systems in place. Data breaches can have very devastating business and social impact to large businesses and their customers – the users. For instance, were Cloudflare attacked by a competing company, their trade secrets could have given the opponents ammunition to take them out of the field. In addition, lost data could influence criminal activity if for instance particular client information, for

Almost all kind of large and small organizations might face increasing number of attacks into their network or intellectual property. This may lead to data disclosure, data destruction, and damage of organization’s reputation. There are numerous threats in the cyber space which might be capable of stealing, destroying or making use of out sensitive data for financial and non-financial gains. As the amount of computer, mobile and internet users increases, so does the number of exploiters.