Data Breaches Case Study

During this course there have been a number of key learning points that would help every organization protect itself from a cyber-event. These include password management, patch management, security policies, encryption, and user training. In each of the cyber security breaches one or more of these standard security protocols were not used.

A direct cyberattack in 2014 to JPMorgan Chase caused a compromised of accounts effecting a total of 76 million households and seven million small businesses. We are clearly, in times when consumer confidence in the digital operations of corporate America is on shaky ground. In directly, banking is taking the brunt of the fallout but major stores also have breaches which of course are directly related to their financial data. Store like, Target, Home Depot and a number of other retailers have experienced major data breaches. 40 million cardholders and 70 million others were compromised at Target alone in 2013 and an attack at Home Depot in September, 2013 affected 56 million cardholders.

Data Breach is where sensitive, confidential, or protected information has been stolen, viewed, or used by someone unauthorized to do so. The Henry Ford Health System in Detroit, Michigan has had many data breaches. A laptop that was unattended, that had over four thousand patients information on it, was stolen from a physician’s office. The chief privacy officer of The Henry Ford Health System, Meredith Phillips, went over all of the security of patients and the company’s information.

The Target data breach remains one of the most notable breaches in history, it was the first time a CEO of a major corporation was fired due to a security event. The breach received an enormous amount of attention, it caused corporations and individuals to change the way they think about information security and data protection. Between Thanksgiving and Christmas 2013 hackers gained access to 40 million customer credit cards and personal data of 70 million Target customers. The intruders slipped in by using stolen credentials and from there gained access to vulnerable servers on Targets network to launch their attack and steal sensitive customer data from the POS cash registers. All this occurred without a response from Targets security operations center, even though security systems notified them of suspicious activity. The data was then sold on the black market for an estimated $53 million dollars. However, the cost to Target, creditors, and banks exceeded half of a billion dollars. This report will review how the infiltration occurred, what allowed the breach to occur including Targets response, and finally who was impacted by the security event.

A data breach is an incident in which sensitive, protected or confidential data has potentially been viewed, stolen or used by an individual unauthorized to do so. Data breaches may involve personal health information (PHI), personally identifiable information (PII), trade secrets or intellectual property. The most common concept of a data breach is an attacker hacking into a corporate network to steal sensitive data. However, not all data breaches are so dramatic. If an unauthorized hospital employee views a patient's health information on a computer screen over the shoulder of an authorized employee that also constitutes a data breach.

People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.

A data breach is a security event in which tricky, guaranteed or private data is copied, transmitted, saw, stolen or used by an individual unapproved to do so. Data breaches may incorporate cash related information, for instance, Visa or bank details, Personal Health information (PHI), Personally identifiable information (PII), This may consolidate events, for instance, theft or loss of automated media, for instance, machine tapes, hard drives, or Pcs such media whereupon such information is secured decoded, posting such information on the web or on a machine by and large accessible from the Internet without honest to goodness information security protections, trade of such information to a skeleton which is not completely open however is not legitimately or formally authorized for security at the authorization level, for instance, decoded email, or trade of such information to the information systems of a maybe adversarial association, for instance, a battling undertaking or a remote nation, where it may be introduced to more focused unscrambling techniques. While Targeted attacks keep on raise, Intriguing development in these assaults. As initially reported in a year ago 's Internet Security Threat Report, aggressors included watering-hole assaults to their arms stockpile. Anyway reports of the passing of lance phishing

Data breaches are common and seem to be reported, on a monthly or even weekly basis. So what makes the Neiman Marcus incident still relevant? The difference is that victims are suing Neiman Marcus in a class-action law suit because

This analysis discusses some issues and requirements to correct these issues that are outlined in the Turn Key University (TKU) data breach case study. In addition to these issues and requirements, some applicable laws will be discussed and some controls will be suggested for implementation.

The potential of violations can come from numerous sources (Lawrence & Weber, 2011) (Consumer Information). Recently Equifax had a data breach of their customer’s personal information. The hackers accessed the names, social security numbers, birthdates, and addresses of 142 million American consumers (Consumer Information). This is frightening and happens more often that we think. According to PricewaterhouseCoopers executive, ”Cybercrime has emerged as a formidable threat. Over the years millions have fallen victim to theses attacks. In a survey of 583 U.S. companies, 90 percent said that hackers breached their company’s computers over the last twelve months (Lawrence & Weber, 2011). Cyber crimes occur when hackers attempt to damage or destroy a computer network or system of company’s data. Criminals will use one of the most harmful systems around. This system is called a zombie. A zombie is

While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain

a significant amount of data security breaches are due to either employee oversight or poor business process. This presents a challenge for businesses as the solution to these problems will be far greater than simply deploying a secure content management system. Business processes will need to be examined, and probably re-engineered; personnel will need to be retrained, and a cultural change may be required within the organization. These alone are significant challenges for a business. A recent example of what is probably unintentional featured an Australian employment agency’s web site publishing “Confidential data including names, email addresses and passwords of clients” from its database on the public web site. An additional

It is important to note that whether an attack is perpetrated by a hacker group, other corporations or individuals, organizations must always prepare adequately through intrusion detection and prevention systems in place. Data breaches can have very devastating business and social impact to large businesses and their customers – the users. For instance, were Cloudflare attacked by a competing company, their trade secrets could have given the opponents ammunition to take them out of the field. In addition, lost data could influence criminal activity if for instance particular client information, for

Data breaches are increasingly common as companies are faced with securing a multitude of networks, devices, applications, users, and files used in the course of conducting business. And with global workforces and the rise of cloud computing, security perimeters are more difficult to define than ever before. These issues combine to create a perfect storm – a climate ripe for hackers to take advantage of. (Lord, 2017) Below are the trending data loss trends to watch out for:

Database security is vital for any and every organization which uses databases. Without proper security, the databases can be breached and the breaches can lead to confidential information being released. This has happened to many organizations whether they are large or small; for example, in the past few years Target and Sony both fell victim to database breaches. To make matters worse both Target and Sony were actually warned about the flaws in their security, but neither took any action to resolve the flaws. Looking into these breaches and how they were handled could lead to designing better databases. Organizations should also look within themselves to assure all employees know good security practices. Simply following regular procedures such as installing antivirus software and firewalls can help create more secure databases. An organization should look at all of their databases to ensure the same top level security is established for all of their databases.