Corporate Data Breaches: What They Mean for Us

Entrepreneurship, Media

Part III in a series on personal online security. Parts I and II can be found here and here.

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What’s it gonna take?

That’s the question we’re all asking after the countless cyber attacks on the world’s most powerful corporations. The Sony Pictures hack got a lot of attention for the 47,000 embarrassing executive emails and celebrity Social Security numbers dumped onto the Internet. But check out this list of high-profile hacks and how many records were breached:

  • Michaels Stores, Inc. — 2 million
  • JP Morgan — 83 million
  • Home Depot — 109 million
  • Target — 110 million
  • eBay — 145 million
  • Adobe — 152 million
  • Court Ventures (Experian) — 200 million

We’re talking credit card data, home addresses, checking account numbers–everything an identity thief dreams of at night.

For this post I had planned on listing all the household-name companies hacked in recent years. But it would be way easier to list the handful that weren’t hacked. One prominent cyber security analyst claims 97% of all companies have had their servers broken into.

What’s it gonna take for them to do better?

Actually, that’s the wrong question. We now know the biggest, most powerful companies don’t have our backs regarding Internet security. We also know, by the sheer scale of these attacks, that we have all been touched by these crimes, if not directly, then via someone close to us.

So, the real question is, What’s it gonna take for us to take better care on our own initiative?

(Image:  yuhootech.com)

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