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Survivor's Guide to 2006: Security |
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Source: Security Pipeline - Posted by Pax Dickinson
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The writing is on the wall: Organizations and individuals will be held accountable for security breaches. The rash of exposures of personally identifiable information (PII) from the likes of ChoicePoint, Lexis-Nexis, Bank of America, CardSystems and a host of other for-profit and nonprofit organizations is just the beginning. Luckily for consumers, state and federal lawmakers are introducing regulations that require exposures to be reported. Someone's head is going to roll; don't let it be yours.
The cause of data loss, however, varies by case. The common exposures are lost or stolen hardware and backup tapes, insider abuse and weak application development leading to exploited security holes and inadvertent exposures. And those are just the breaches that have made it into the press. The clean-up costs in rebuilding reputation, paying fines and legal fees, and re-architecting compromised systems can run into tens or hundreds of thousands of dollars. CardSystems--the Visa processor that was retaining credit-card numbers against Visa's policy and was broken into--was almost put out of business until the Pay by Touch acquisition came along (see "Companies to Watch," below).
Read this full article at Security Pipeline
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