![]() ![]() In some cases, outsourcing such services might save money in the short term but also create a lack of institutional knowledge about how the company functions in the long term. That means much of the insight and knowledge about how networks and computer systems work isn’t held by people who work for the company itself. Often, they try to save money by outsourcing information technology management, including security. In part, cybersecurity incidents happen because of how companies – and governments – staff their cybersecurity operations. Yahoo’s 2016 loss of user records, with a purported one billion victims, likely holds the dubious record for most victims in a single incident. The Equifax breach affected more than 143 million people – far more than than the 110 million victims in 2013 at Target, the 45 million TJX customers hit in 2007, and significantly more than the 20 million or so current and former government employees in the 2015 U.S. Finding the right peopleĭata breaches are commonplace now, and have widespread effects. Until then, major breaches will keep happening and may get even worse. Companies must be made to get serious about cybersecurity – at a time when many firms have financial incentives not to, also. ![]() Several major problems need to be addressed before people can live in a truly secure society: For example, companies must find and hire the right people to actually solve the overall problems and think innovatively rather than just fixing the day-to-day issues. Unfortunately, there is plenty of responsibility for everyone. And it signals that these data breaches will continue until society as a whole (industry, government and individual users) is able to objectively assess and improve cybersecurity procedures.Īlthough this specific incident is still under investigation, the fact that breaches like this have been happening – and getting bigger – for more than a decade provides cybersecurity researchers another opportunity to examine why these events keep happening. Moreover, it is another reminder that the modern world depends on critical systems, networks and data repositories that are not as secure as they should be. The Equifax data breach was yet another cybersecurity incident involving the theft of significant personal data from a large company. This article was originally published on The Conversation.
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