Data Breach - 3986 Words

In today’s digital world, most Americans leave long electronic trails of private information wherever they go. But too often, that data is compromised. When they shop—whether online or at brick and mortar stores—retailers gain access to their credit card numbers. Medical institutions maintain patient records, which are increasingly electronic. Corporations store copious customer lists and employee Social Security numbers. These types of data frequently get loose. Hackers gain entry to improperly protected networks, thieves steal employee laptops or disgruntled workers pilfer company information. â€Å"More and more people are putting their data in electronic form,† says Deirdre Mulligan, the faculty director at the Berkeley Center for Law†¦show more content†¦Every potentially affected person can claim up to $1,500 in damages for emotional harm and credit monitoring expenses, even though no actual identity theft occurred. â€Å"This really wakes up the government on what kind of liability can be involved here, and how liability can exceed the harm,† Scott says. That’s significant because most lost hardware incidents requiring public notices to people with potentially jeopardized personal information do not result in actual harm to anybody. â€Å"There are many, many cases in which there is a notice with no injury,† Scott says. Insider Attacks One of the most distressing types of data breach is also the most difficult to prevent: dishonest people who either work for a company and steal information internally or pose as a trustworthy business partner and convince a corporation to hand over personal records. That’s exactly what happened to consumer data broker ChoicePoint, now a division of LexisNexis, during a 2005 security incident many experts say played a crucial role in shaping privacy law. The company sold consumer information from more than 163,000 individuals to identity thieves who pretended to be legitimate businesspeople. The Federal Trade Commission connected more than 800 cases of identity theft to the compromised Social Security numbers, employment information and credit histories. In the resulting litigation, ChoicePoint reached a $15 million settlement thatShow MoreRelated$55 Million Dollar Data Breach at Choicepoint1077 Words   |  5 PagesMillion Dollar Data Breach at ChoicePoint Abstract Personal data breaches have become epidemic in the U.S. where innocent citizens sensitive information is being left unprotected and subsequently disseminated between hackers. ChoicePoint is an organization that is a premier data broker and credentialing service in the industry. The company was guilty of failing to fulfil their own policy of thoroughly evaluating prospective customer organizations which resulted in a major breach. The sourceRead MoreThe Home Depot Data Breach3056 Words   |  13 PagesThe Home Depot-Data Breach Abstract 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. However the breach occurred long time ago but went unrecognized. They suspected that this might be the same malware used during the Target’s data heist. Furthermore, the hackers injected the system with the malware which enters the system whichRead MoreA Report On The Target Data Breach Essay1850 Words   |  8 PagesIntroduction: The Target data breach remains one of the most notable breaches in history, it was the first time a CEO of a major corporation was fired due to a security event. The breach received an enormous amount of attention, it caused corporations and individuals to change the way they think about information security and data protection. Between Thanksgiving and Christmas 2013 hackers gained access to 40 million customer credit cards and personal data of 70 million Target customers. TheRead MoreSecurity Data Breach Policy : Analysis1324 Words   |  6 PagesSecurity Data Breach Policy Purpose 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 andRead MoreJames Greene Data Center Breach Response Process1339 Words   |  6 PagesJames 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. James Greene Data Center Information Security s reasoning for issuing a Data Breach Response PolicyRead MoreThe Data Breach At Opm1297 Words   |  6 PagesThe Data Breach at OPM The research paper will take an in-depth view of the current cyber threat and will explore the current efforts taken by the United States in combating the rapidly growing cyber threat. The research conducted will revolve around recent piece of legislation that are said to be the answer to combating cyber-crime. This paper will also look at past efforts and explore their failure and compare with the new piece of legislation to see if it will actually be effective. ThereRead MoreUnderstanding A Data Breach?1111 Words   |  5 PagesUnderstanding a Data Breach Ten years ago business professionals were grappling with the decision of whether to implement cloud computing into their organizations. Today, we no longer have the luxury of â€Å"If† we will embrace the new technology but rather â€Å"How† we will make it as safe as possible. The Article In his November 2013 article published in Business Finance Magazine, â€Å"The Real Security Risks of Running Finance Apps in the Cloud†, Ramesh Rajagopal suggests that the real threats with cloudRead MoreThe Responsibility Of A Data Breach1092 Words   |  5 PagesTJX Attack Introduction Data breaches are probably most deadly and least aware of dangers we worry about. While data heists do lack the glamor of a bank heist or a casino robbery, it definitely has a lot more punch in terms of the damage that it can cause in everyday lives. In fact no Hollywood director would be half as interested in showing a nerdy guy sitting before his computer reading through infinite amounts of stolen information, as much as he/she would like to show a heist in a bank for itRead MoreEssay On Data Breach880 Words   |  4 PagesThe FISMA is a U.S. federal law that was established in 2002 to create a number of important security standards and guidelines mandated by Congressional legislation. In this writing assignment, I will discuss an incident of a data breach that affected the government. Data Breaches and Regulatory Requirements While conducting my research I came across an article by Hirschfeld Davis, â€Å"Hacking of government computers exposed to one point by million people†, as stated in this article anyone that participatedRead MoreTarget: The Largest Data Breach/Attack Essay1215 Words   |  5 Pagesto a data breach. Target is a widely known retailer that has millions of consumers flocking every day to the retailer to partake in the stores wonders. The Target Data Breach is now known as the largest data breach/attack surpassing the TJX data breach in 2007. â€Å"The second-biggest attack struck TJX Companies, the parent company of TJMaxx and Marshall’s, which said in 2007 that about 45 million credit cards and debit cards had been compromised.† (Timberg, Yang, Tsukayama, 2013) The data breach occurred