The steady drumbeat of recent data breaches has called significant attention to the security vulnerabilities of even the world’s biggest corporate brands and defense organizations. These incidents have spotlighted the need for improved breach prevention measures.
A recent Federal Trade Commission discussion, “Stolen Futures: A Forum on Child Identity Theft,” presented a valuable opportunity to galvanize industry experts and public leaders around this increasing privacy threat.
Cloud services that handle enormous amount of data amongst consumers and corporate clients are a big target of fraudsters.
When considering your company’s full breach prevention strategy, consider encryption a strong bodyguard that can play a big role in protecting data while also shielding your company from embarrassing and costly breaches.
According to a Report to the Nations on Occupational Fraud and Abuse, in 2009, the average company lost nearly 5% of its revenue to fraud perpetrated by employees.
In this daunting time of high-wire cyber attacks, when even the most trusted brands are falling prey to tireless hackers, there’s no such thing as being too prepared.
With the recent rash of highly newsworthy data breaches, headlined by the Sony PlayStation Network breach that impacted 77+ million subscribers, there’s been much hand-wringing over how to best ensure the protection of customer privacy.
In an effort to make data breaches even more unpalatable and motivate companies to strengthen their security practices, the Federal Trade Commission is beginning to levy punishments for security holes that invite intrusions.
These days, the fraud economy has matured to a point where it is run like a global marketplace, with specialists for every aspect of fraud – from identity thieves to the consumers of stolen identities.
With numerous different breaches affecting so many people as of late, millions of consumers are receiving emails from trusted brands noting that customer emails (and perhaps other information) have been compromised, so consumers should be wary of future emails that may appear to be sent from them.