Posts tagged "“security breach”"
How to Protect Yourself from the Equifax Data Breach
Equifax, one of the three major consumer credit reporting agencies disclosed that hackers compromised Social Security and driver’s license numbers as well as names, birthdates, addresses and some credit cards on more than 143 million Americans. If you have a credit profile, you were probably affected.
Credit reporting companies collect and sell vast troves of consumer data from your buying habits to your credit worthiness, making this quite possibly the most destructive data security breach in history. By hacking Equifax, the criminals were able to get all of your personally identifying information in a one-stop shop. This is the third major cybersecurity breach at Equifax since 2015, demonstrating that they continue to place profits over consumer protection. Ultimately, their negligence will erode their margins, their credibility and their position as one of the big three.
The story about the Texas parents who were terrified when their child’s video baby monitor was hacked struck me at first as a minor incident when viewed in the whole scheme of the world of hackers. After all, it is a rare event, no one was hurt, no threats were overtly made, and the child herself even slept through the event. But when I read more about it, I became increasingly bothered by the fact that I was not initially bothered by it! I mean, is that the creepiest of all feelings, to know that a stranger is watching your kids?
I finally got around to watching the latest 007 installment, Skyfall, and it appears even James Bond has entered into the world of Cyber Crime as he tries to protect a computer drive with a list of British agents from falling into the wrong hands. And like the proverbial victims in a James Bond flick, you and your business data are under assault, even though it may not always be as obvious as getting thrown off a train. Why? Because your business data is profitable to would-be thieves. And for many of those thieves, that data is easy to get and the theft can be next to impossible to trace.
Sony PlayStation Network, Citigroup, Lockheed and several others have seen more than 100 million customer records breached, costing billions in recovery costs and reputation damage. If it can happen to the big boys, it can happen to you. If you don’t have Bond on your side fighting off the villains, take these steps to take to secure your business data: