About 15 million United States residents have their identities and information used fraudulently each year. Along the use of their identities, they also had a combined financial loss totaling up to almost $50 billion. Major companies such as Apple, Verizon, Target, Sony, and many more have been victims of consumer information hacking. In each of the cases, millions of consumers’ personal information has been breached. In the article “Home Depot 's 56 Million Card Breach Bigger Than Target 's” on September 18, 2014, 56 million cards were breached due to cyber attackers. Before the Home Depot attack, Target had 40 million cards breached. Company’s information is constantly being breached and the consumers’ are the ones who end up having to pay the price. If a company cannot protect the information it takes, then it should not collect the information.
The issue of privacy breaching relates to the legal environment of business because every company and business holds information about its employees, customers, suppliers and other stakeholders. On top of all the information they store on other people, most companies have all their own business information kept on computers and files as well. If there were to be a breach in a company then all of the information they had stored in their systems could be stolen and sold to others. There would be major identity theft, social security fraud and even financial losses. Security breaches have become a significant risk for most businesses today. Security breaches can disrupt business operations, damage brand reputation and customer relationships, and attract government investigations and class action lawsuits.
The current issues at hand are that companies do not do enough to protect its consum...
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...ntity. The FTC is requiring the company to send in annual filing to the FTC and to pay $200,000 as part of the settlement.
People value their privacy just as much as they value almost anything else. If people feel that their information is at risk, they want to know that there will be actions taken to make sure they receive compensation. The FTC has made sure that if companies promise they will protect your information, then they will do so, but that is still not enough. The FTC tackles privacy issues on a business level, but we need more privacy protection on a consumer level. Like the Uniform Commercial Code, we need a uniform set of rules that business must follow in order to ensure protection for consumers in a business-oriented world. We need federal privacy protection so that way everyone in the United States has the same online privacy rights and protections.
Issa utilizes statistics to suggest ideas. He says, “The Office of Personnel Management’s security breach resulted in the theft of 22 million Americans’ information, including fingerprints, Social Security numbers, addresses, employment history, and financial records” (Issa). Issa also adds that, “The Internal Revenue Service’s hack left as many as 334,000 taxpayers accounts compromised‑though just this week, the IRS revised that number to o...
The Target breach which is said to be the second-largest retail cyber-attack in history wasn’t necessarily inventive, nor did it appear destined for success, yet hackers were able to access roughly 40 million customers personal information by installing a malware into Target’s security system.1 In the days leading up to Thanksgiving 2013 the hackers installed malware in Target’s security and payments system which was designed to steal every credit card used in store at over 1,797 U.S. locations. The data breach initially disclosed in December which exposed around 40 million customer’s names, card numbers, card expiration dates, card security codes and debit card pins were recorded for the hackers to see, although the pins were encrypted. After a later review Target disclosed additional information which later was said to be that roughly 70 million more consumers had their names, addresses, phone numbers and email addresses exposed.2
This analysis will explore The Home Depot data breach which occurred on Sept 8th, 2014, one of the nation’s largest security retail compromises of that time. The Home Depot, with over 2,200+ stores in the United States, Canada and Mexico, suffered a historic cyber-attack of significant proportions. The breach was devised by skilled hackers who developed an unknown custom malware that penetrated their payment systems and stole over 56 million credit cards and email addresses from millions of customers. In my research of this case, it was difficult for me to comprehend that the world’s leading home improvement retailer could be so careless given this breach occurred less than a year after the Target data breach in December 2013. This evaluation of The Home Depot will examine the company’s discovery of the breach, their response to customers, improved data security measures, and finally the outcome including present day findings
Data breach can occur at any place, in any environment and by any medium, however the most common breaches occur due to a hacker hacking into a corporate network to steal unauthorized and sensitive information. However, a great deal of breaches occurs within the organization, which includes an employee viewing unauthorized data or someone else accessing others account to gain personal benefits.
When we mention the word ‘privacy’, we mean that there is something very personal about ourselves. Something that we think others are not supposed to know, or, we do not want them to. Nevertheless, why is it so? Why are people so reluctant to let others know about them entirely? This is because either they are afraid of people doing them harm or they are scared that people may treat them differently after their secrets are known. Without privacy, the democratic system that we know would not exist. Privacy is one of the fundamental values on which our country was established. Moreover, with the internet gaining such popularity, privacy has become a thing of the past. People have come to accept that strangers can view personal information about them on social networking sites such as Facebook, and companies and the government are constantly viewing a person’s activity online for a variety of reasons. From sending email, applying for a job, or even using the telephone, Americans right to privacy is in danger. Personal and professional information is being stored, link, transferred, shared, and even sold. Various websites, the government and its agencies, and hospitals are infringing our privacy without our permission or knowledge.
The right to privacy is something that all Americans have and it is used as defense when people’s privacy is intruded upon. Some corporations have found tricky ways to breach people’s rights to privacy like through social networks, e-mail, sign-up forms for gyms or bank accounts, and more. The right to privacy is a serious matter, it involves all personal information about a person and they have the right to share their information or keep it to themselves. If someone’s right to privacy is breached, they can bring that breach to court as a lawsuit. Henrietta Lacks’s right to privacy was breached when her cells were taken, Facebook breached user privacy rights by
Target had a catastrophic security breach in December that involved 40 million credit cards, CVV numbers, and customer information (Greenberg, 2013A). Several weeks later the number of stolen credit cards rose to 70 million and now personal information was stolen (Greenberg, 2014B). The story is unfolding as the forensics team starts to piece parts together; unfortunately, they found a larger security breach than what was reported. Last week, the number of credit cards increased to an estimated 110 million (Popken, 2014). Forensics takes a long time to analyze and the timeline could be weeks or it could be months to know the exact details of what happened. I know this is supposed to be a fact based report, but not a lot of information has been disclosed to the public except for the quantity of credit cards, the type of information, and the main cause. The main cause is what we want to focus on, so let’s go into the specifics.
Privacy is an incredibly elusive concept, partly because no one can agree on what constitutes an invasion of privacy. One famous publication in the 1890 edition of the Harvard Law Review defines privacy as “...the right to be let alone” (Warren). While this suffices for a cursory look at the definition of privacy, a closer look reveals that it is still very vague (the latter portion of the journal reiterates this). Specifically, it does not address breach of privacy, a concept that is still disagreed upon today. There are many different interpretations as to what constitutes an invasion of privacy.
Previously it took a lot of equipment to monitor a person's actions, but now with technology's development and advancement all it requires is a computer. And there are many mediums which can be monitored such as telephones, email, voice mail, and computers.4 People's rights are protected by many laws, but in private businesses there are few laws protecting an individual's rights. 5 As an employee of a company there is an understanding of the amount of monitoring the employer does. The employer has to decide how much monitoring is necessary to satisfy the company needs without damaging the company's employee morale.6 With all the monitoring done by private businesses they are free to violate employee privacy since the Constitution and the Bill of Rights a...
This report will describe the history of government regulations and FTC. How that applied to Google search and personal privacy. The changes made from the settlement between Google and the FTC, the difference Google's practices and policies from before the settlement and after the settlement, and the current demands and expectations from current and vocal Google users. The report will also draw a conclusion from the findings and will determine if additional regulations are needed or if the regulations currently in place are sufficient.
If people feel comfortable in their surroundings then privacy is not a concern. At other times, people feel violated when they are subject to random searches; this random factor is what other people consider wrong. People feel intruded on when they see a roadblock ahead or a request to see their driver’s license when writing checks. Others are interrupted at dinner by the phone ringing from telemarketers. This selling of information is what the Europeans call data protection. If the data is not kept private, things such as credit card numbers could be stolen over the phone.
At the beginning, the causes of the problem can be classified into three aspects: transferring personal data to others without consumers’ consent, lacking awareness on the protection of privacy and leaking the personal data unintentionally. The leakage of the personal data can be in the form of keeping and transmitting personal data insecurely and then stealing by crackers. There is no controversy on this cause- it is apparently a crime, hence, not discussed in this essay. One common torment of companies is that they are not renowned. Consumer personal information includi...
The transfer and preservation of Information is a major part of the digital age. People try to control their flow of information and the amount of information websites,organisations and even the government has on them. And even with the various ways of protecting information, there are still issues of privacy, freedom of information and the conflict between the public and private domains on who really owns or governs these information.
Privacy is the ability to maintain what or who can access and see your personal content and information. With that, the idea of privacy is different amongst different cultures and countries, while they all differ, they share common characteristics. The act of sharing ones own personal information is decision one must make on their own. Privacy is a right that all people should have and the government has the responsibility of maintaining that right. Data such as personal emails, bank details, medical records, and passwords need to remain safe and secure to ensure privacy is not invaded.
Privacy is a thing of the past because of social media and the internet. Our privacy is not what it used to be. This is due to the carelessness of what we post online and because of the way companies access our information without our full permission. Advertisers have full control on what they do with our personal information, and it is seldom tracked. The internet has truly become a dangerous place. To keep safe, we must be careful of what we post online and who we give our information