Product Review on Password Manager Software
It often amazes me to find out how many people shy away from implementing ideas that they KNOW will make them safer. There are a multitude of reasons I know:
- Ignorance: “I didn’t know there was a helmet law in this state.”
- Fear: “But if I put my money in a bank, there could be a run on it. It’s safer under my mattress.”
- Misunderstanding: “Well, I thought that sign meant I could park here for free on Sunday.”
- Laziness: “It’ll be okay to leave my laptop on the table while I run to the bathroom real quick.”
SentrySafe Fire Safes
A majority of our most valuable identity documents (passports, birth and death certificates, wills, trusts, deeds, brokerage information, passwords, health records, etc.) are exposed to identity theft (and natural disasters, such as fire and floods) as they sit in unlocked filing cabinets, banking boxes in the basement, office drawers or out in the open, on our desks. I spend an entire chapter in Privacy Means Profit talking about which documents to lock up, which to destroy and which to stop at the source. To complicate matters, the problem of data theft goes beyond paper documents to digital media. More than ever we need to be concerned with the physical protection of hard drives, cell phones, thumb drives, CDs and DVDs with sensitive personal or business data on them.
Great employees are hard to find, but without the right employee background screening process, deceitful candidates are even harder to spot. Hiring dishonest employees puts your sensitive and confidential business information at risk and could cost you millions if stolen or damaged.
According to The Ponemon Institute, an independent research foundation, the average cost of data breach to a victim corporation is $6.75 million. In 2008, the lowest reported cost of data breach was $613,000, while the highest was just under $32 million. Given that the average cost per stolen record is $202, one missing laptop with 2,500 customer or employee records on it would come with a data breach recovery bill for a half a million dollars. And that doesn’t factor in loss of stock value, brand damage or customer defection that results from having your breach in the news.
The Privacy Problem: Thanks to laptops, smart phones, DVDs and a deluge of other data-holding mobile devices, we carry as much sensitive data with us as we keep in our homes and offices. These devices are at a much higher risk of theft when they are in transit.
The Privacy Project: To help you better protect identity-bearing devices while they are being transported and stored in your car (RV, boat, etc.). The solution…