Risky Business News Flash #33
My friend John, an avid gambler, always said to me “the trend is your friend.” At the tables perhaps, but it’s certainly not what we have experienced in security breaches over the past few years and certainly not what we expect in 2015. The reality for more damaging breaches unfortunately is the trend.
In 2014 we saw the year start with retail attacks and end with a media attack. Is the trend more identities stolen or more intellectual property? Probably both! While credit card numbers and personal identities are worth money to one group of people, brand damage and embarrassment is worth far more to other groups.
On January 21, 2015 a new survey was released by the Ponemon Institute sponsored by Identity Finder titled, “2014: A Year of Mega Breaches.” This report, as all Ponemon reports, is very good. One area I would like to draw your attention to is found on page five of the report (copied below). This suggests that companies are not taking the necessary steps to make sure their information is properly managed, minimizing damage from future data breaches. Let’s remember that we must protect the jewels of the company to help protect what is actually captured during an attack. [Read more…]