Security Breach Research Paper

The increasing power and functionality of technology has increasingly invaded privacy and complicated security. Technology has made it possible for the government to

Although technology has provided tools to enhance our capabilities in things such as finding a missing person, solving murder cases based on technological assets etc.., this technology also leaves us vulnerable in many ways to slowly losing our privacy (Burten, C., 2012).

Hospital and health facility administrators face hardened criminals who hack medical records with ever-increasing sophistication. Hackers gain access to critical information, such as medical claims, financial data, Social Security numbers and credit card data that enable identity theft, credit card fraud and other privacy breaches. One of the major security failures in the news was the CareFirst BlueCross BlueShield attack that exposed 1.1 million of its members to thefts of their personal information.[1] Combined with high-profile breaches at Anthem and Premera Blue Cross, the breach illustrates the changing role of medical administrators

The article called, The End of Privacy by Adam L. Penenberg, demonstrates the easy access an intruder can have to someone’s private information in today’s digital world with just a few taps on the keyboard, and a phone. Making your private information unprotected and defenseless. Penenberg also describes transition from mainframe computers to desktop PCs making private information vulnerable. He also reveals that marketers and busybodies have more customer data than ever. He also illustrates the advances of search methods that cyber criminals have up their sleeve, how the misrepresent themselves in order to puncture through the credit bureaus, and the Federal reserve database, spilling out all of your financial information, social security,

Statistics show that most security breaches are direct results of insider misconduct rather than being hacked. According to the most recent Verizon Data Breach Investigations Report, about “285 million records were compromised in 2008.” Seventy-four percent of the incidents were from inside sources. Users are more likely to be victims of computer virus infections, inquisitive students/co-workers, and hardware failures than to be victims of an Internet security attack.

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.

Gatzlaff, K. M., & McCullough, K. A. (2010). The effect of data breaches on shareholder wealth. Risk Management and Insurance Review, 13(1), 61-83.

In the modern society, the technology is growing at a dramatic speed. New ways of communication make the conception of privacy more obscure. At the same time, it is harder for people to actually keep the “privacy”. For example, in old days, someone could steal others’ privacy only by sneaking around; in the phone era, this can be achieved by placing the detectaphone; currently, in the internet era, with video calls, e-mails and the latest “cloud storage”, the stealer can get the information by acquiring the data from the server. Other than focusing on few people, those data allow the stealer to have a broad surveillance, and even without exposing him/herself. This “access” could be “hacking”, or something worse, a special program used by the

Complete financial analysis on the $ cost / benefit investment needed to upgrade technology security. Technology is expensive; however, data breaches are even more expensive.

On an average of 2% a year, personal records are exposed from over 700 public breaches over all areas of the departmentalized sectors. Global cost per every lost or stolen record are on the average of over $100 containing secret and touchy information. There were 35% more security incidents detected within the last

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.

Data breaches happen daily, in too many places at once to keep count. But there is some huge breach versus a small one and we will take some examples from the biggest or most significant breaches of the 21st century to show how much risk or damage the breach caused for companies, insurers and users or account holders.

a significant amount of data security breaches are due to either employee oversight or poor business process. This presents a challenge for businesses as the solution to these problems will be far greater than simply deploying a secure content management system. Business processes will need to be examined, and probably re-engineered; personnel will need to be retrained, and a cultural change may be required within the organization. These alone are significant challenges for a business. A recent example of what is probably unintentional featured an Australian employment agency’s web site publishing “Confidential data including names, email addresses and passwords of clients” from its database on the public web site. An additional

Cyber criminals take pride in creating chaos, and the chaos that cyber criminals inflict on their victims can be crippling to individuals and corporations. We have all heard about hackers getting information from major retail chains as well as information being leaked that included Social Security numbers for millions of people. We use the internet with somewhat of a naivete expectation that all of our information is safe. That is, until something untoward occurs, and then it can be all out panic.

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: