Daily Archives: February 9, 2018

Viewpoint: Equifax breach is a reminder of society’s larger cybersecurity problems

Our society is faced with an array of opportunities of being hacked. This is why Adsero Security’s specialty in writing IT security policies and training your staff on policy adherence thus developing a culture of compliance is so important. Read on to discover why cybersecurity issues affect society as a whole.

The Equifax data breach was yet another cybersecurity incident involving the theft of significant personal data from a large company. Moreover, it is another reminder that the modern world depends on critical systems, networks and data repositories that are not as secure as they should be. And it signals that these data breaches will continue until society as a whole (industry, government and individual users) is able to objectively assess and improve cybersecurity procedures.

Although this specific incident is still under investigation, the fact that breaches like this have been happening – and getting bigger – for more than a decade provides cybersecurity researchers another opportunity to examine why these events keep happening. Unfortunately, there is plenty of responsibility for everyone.

Several major problems need to be addressed before people can live in a truly secure society: For example, companies must find and hire the right people to actually solve the overall problems and think innovatively rather than just fixing the day-to-day issues. Companies must be made to get serious about cybersecurity – at a time when many firms have financial incentives not to, also. Until then, major breaches will keep happening and may get even worse.

Finding the right people

Data breaches are commonplace now, and have widespread effects. The Equifax(NYSE: EFX) breach affected more than 143 million people– far more than than the 110 million victims in 2013 at Target, the 45 million TJX customers hit in 2007, and significantly more than the 20 million or so current and former government employees in the 2015 U.S. Office of Personnel Management incidentYahoo’s 2016 loss of user records, with a purported one billion victims, likely holds the dubious record for most victims in a single incident.

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