Corporate entities and retailers are scrambling to shore up network security by addressing the primary vulnerability of network security: the login. Unique “behavioral” biometric may be the solution.
Staggering numbers from security experts suggest that over 95 percent of all corporations have experienced a data breach of some kind – many of which can go undetected for months or years.
Anthem, Inc., the second top insurer in the U.S., has reported a data breach that could affect a large percentage of its 37.5 million customers, as well as employees and past customers. Early estimates report that this could be the largest data breach affecting a U.S.-based health insurer yet.
In 2009, Heartland Payment Systems announced that it had suffered a devastating breach: 134 million credit cards were exposed through SQL Injection attacks used to install spyware on Heartland’s data systems. The company processes payments for debit, prepaid and credit cards, in addition to online payments and checks and payroll services.
News of massive hacking attacks that expose sensitive company data and compromise customer account information has businesses of all sizes taking a closer look at their data security practices.
New York Attorney General Eric Schneiderman proposed what he called “the strongest” data security law in the nation to combat an increase in the theft of personal information online.
Hotel chain Marriott has requested the Federal Communications Commission to allow the full implementation of blocking hotel guests’ personal Wi-Fi and Mi-Fi devices around its premises, especially conference and meeting rooms. Marriott says that the request is based on security concerns, stating that guests can use their hotspot-enabled devices to compromise the hotel’s network or to commit a data breach involving other guests.
Account information for approximately 900 Morgan Stanley clients was, briefly, available online. One employee has been fired so far in the incident, and an investigation is ongoing.
A new report reveals many businesses still struggle with information security deficiencies and common security weaknesses that can elevate their risk of data breaches.
