The Privacy World s Version Of An Oil Spill - 1497 Words

Every few weeks, we learn about another data breach. It s the privacy world s version of an oil spill. A hacker breaks into a company and grabs a database of our personal details. They re sold on the black market, and the exposure puts us at higher risk of fraud and identity theft. Information protection is something you do, not something you buy. It is not a policy to put in place and forget. Information security requires a strong process and effective technologies, all based on a sound understanding of the business the organization is in and how it performs that business. These days, criminal hacking is a business, everything that is done has a chain linked to real dollars. And hackers are looking for the shortest chain. Take the recent Target hack, which leaked the personal data of 110 million customers. The breach reportedly began as an email-based phishing scheme. Although the retailer s consumer-facing website is well defended, hackers were reportedly able to gain access into Target s corporate network by using stolen authentication credentials from a subcontractor that dealt primarily in air conditioning. Someone in that subcontractor s office clicked something bad. Another victim was Home Depot. The stolen username and password did not give the criminals direct access to Home Depot s payment system. But it did give the hackers access to a part of the company s network from where they could deploy malware on self-checkout systems in stores in the U.S. andShow MoreRelatedCNPC CSR report25861 Words   |  104 PagesGuideline on Fulfilling Social Responsibility by Central Enterprises issued by the State-owned Assets Supervision and Administration Commission. 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