Security Issues Data breaches and data loss is a severe issue when it comes to cloud computing. Since some or all of the infrastructure is located off site at the cloud services infrastructure, we do not control the overall security of the system. If an attacker gains access to the cloud computing system, even if it is through a different customers account there is a chance that they could gain access to our data that is stored on the cloud services system. These data breaches can expose our customers private data such as names, addresses, and account information. If the cloud company does not properly store credit card numbers it may expose them as well (Babcock, 2014). Data loss can be just as destructive to the company as the a data breach. This can occur in a couple ways, the attacker from the previous data breach can copy the information and then delete the data from the cloud services system, or the cloud service could have a system malfunction where the data is lost. In either situation the loss of data can disrupt everyday business causing a lose in revenue, and depending on the extent of the data loss could destroy the company. If all of our customer purchase and inventory information were lost, we could not determine who purchased want, how much they purchased, and have no way to determine if the product is still in-stock or not. If The Best Widget Incorporated were to lose all of the data that we currently store in the cloud it would render us out of business.
The first thought that comes to mind when a data breach occurs at a higher education institution is that a student hacked into the university or college network in order to make changes to their information, such as grades. Fortunately, that has not been the case in recent cyber attacks. Hackers see higher education systems as a gold mine because students’ personal identifiable information (PII) is stored in the platforms utilized by the universities. Cyber threats have fluctuated each year at many universities. Harman (2016) stated that there are increased incidents of spear phishing, where hackers send personalized, legitimate e-mails that include harmful links or attachments. A great deal of student’s data is stored within the
Cloud computing means Internet computing. So cloud data is accessible from anywhere on the internet, meaning that if a data breach occurs via hacking, a disgruntled employee, or careless username/password security, your business data can be compromised. Due to that, should be aware of using cloud computing applications that involve using or storing data that are not comfortable having on the Internet.
Organizations use the Cloud in a variety of different service models (SaaS, PaaS, IaaS) and deployment models (Private, Public, Hybrid). There are a number of security issues/concerns associated with cloud computing but these issues fall into two broad categories: Security issues faced by cloud providers (organizations providing software-, platform-, or infrastructure-as-a-service via the cloud) and security issues faced by their customers.In most cases, the provider must ensure that their infrastructure is secure and that their clients’ data and applications are protected while the customer must ensure that the provider has taken the proper security measures to protect their information.
The data breaches of 2012 compromised almost twenty-eight million private records. The year 2015 is still underway, therefore no information gathered by Privacy Rights Clearinghouse so far for 2015 was utilized. Instead, as of 2014, there have been around four thousand data breaches made public since 2005, compromising about seven hundred thirty million private records. Of the four thousand public data breaches that have occurred between 2005 and 2014, one thousand six hundred public breaches are business-related, either through financial and insurance businesses, retail and merchant businesses among other types of businesses. Business-related data breaches between 2005 and 2014 constitute forty percent of the publicized data breaches,
Following the security breach that this corporation they had investigation into what happened in the security breach they need to find out who was involve in the breach . I need to also let the manage of the corporation know what was going on and what kind of plan I have come up with to deal with this. I have to determined if this breach is of the appropriate magnitude, if I need to share it with press or not . As the tech for the information system department at this corporation .I need to make sure that I will give notify the department in which the breach happened. I will provide a brief description of the security breach that happened. I also need to make sure that I compromised shall be notified in the most expedient time as possible
Security breaches are occurring at a much more rapid rate in the world today. Major companies and corporations are revealing their breaches and telling the public false information. Many security breaches occur because of exploitation of vulnerabilities, exploits and attacks both internal and external within the system. Vulnerabilities are weaknesses in the requirements, design, and implementation, which attackers exploit to compromise the system. The purpose of this paper is to understand the vulnerabilities, framework, and types of attacks for security requirements and analysis centered on preventing a breach. The framework shows
If the employee was behind the data loss then security privileges for employees must be updated. The company can increase remote access security by employing VPN services with validation through RSA tokens or biometric data. In addition, the employee should not have been able to access technical information and employee data. The companies User Access Controls need to be updated to comply with security standards. A clear demarcation needs to be established between difference divisions of the companies. The password requirements need to be updated to prevent simple password creation for access to company
A large amount of PII is stored in platforms utilized by universities and colleges, such as Banner Web. Bricker and Eckler (2016) stated, “Colleges and universities maintain large stores of sensitive data, including financial information and expensive research statistics, making them prime targets for hackers” (para. 2). Students, faculty, staff, and alumni are not aware of the security issues involved when using portable devices or identifying a phishing email. The most common data breaches in higher education are hacking and malware, spear phishing, and portable devices. Although social media is not a type of breach, hackers can plan a data breach by collecting personal
This article covers cases about employees or former employees of corporate companies who have used hacking and exploitation skills to maliciously gain access to private information, and infect or wipe their databases. This intent to destroy or tamper sensitive information is in violation of the 1986 CFAA (Computer fraud and Abuse Act) “18 U.S. Code § 1030(a)(5)(A)” . Thus, because there have been so many breaches in the computer systems owned by companies there is more need for strict access permissions for employees and reliable high security which can be expensive.
The purpose of the policy is to create the objectives and the visualization for James Greene Data Center Breach Response Process. This policy will outline to whom it relates and under what conditions, and it will include the definition of a breach, staff roles and responsibilities, standards and metrics, as well as reporting, and feedback .The policy will be made public and made easily available to all personnel whose responsibilities include data privacy and security protection.
Public cloud providers will often have more responsibility for enhancing the security of the data and applications. Within the financial industry data breaches, application vulnerabilities, and availability are all important issues that can lead to legal liabilities.
Customers, even if security risks are minimal, may themselves distrust cloud computing when transmitting personal data, such as doing online banking. If they only have a vague notion of what cloud computing is, the benefits and efficiencies may seem unclear and outweighed by the risks (Knorr & Gruman 2010). They too may shy away from patronizing businesses that have cloud-hosted data.
Referring to an article by Identity Force, there were investigations found that there was an act of data breaching involved in the IRS Data Retrieval Tool (Daitch 2017). This tool is used when college students are attentively trying to complete a Free Application for Federal Student Aid (FAFSA). Not until March 2017, is when federal officials observed what was actually going on and took down the tool. In this case of data breaching, it was said that identity thieves pulled personal information outside of the tax system to steal additional data (2017). It’s already a headache to have to deal with paying for college and this situation made it worse and more stressful for people applying for the annual application to get it done. This tool
Computers are faster than ever before and interconnected in ways no one would have guessed 50+ years ago. In the last couple years, cybersecurity dangers including data breaches have become increasingly prevalent. Advances in technology changes fast, much faster than any current form of government, but that’s not to say government can’t or shouldn’t regulate the technology industry like they do with other industries. With the safety of citizen’s personal information at risk, and potentially billions of dollars worth of damage caused, government needs to step up and protect it’s citizens before another data breach like Equifax happens which could cost upwards of 100 billion dollars. This is why I think data breach disclosure laws need to be
Imagine massive server failures that not only lead to complete data loss, but also a financial crisis for customers. This is the problem that Lloyds Banking Group faced when servers failed and left thousands of customers without access to their accounts according to Clarke (2014). In order to protect firm data, firm reputation, and especially customer trust and loyalty, Bank of America needs to assure proper precautions are taken to securely store all data.