Data Base Security Threat Real and Growing – The Sky is Falling!
I remember reading my children the Chicken Little story when they were little. I think many of us have read the story and can relate to the oft-repeated lament – “The sky is falling!” I often feel like Henny Penny, the chicken, yelling “the sky is falling” when speaking about the need for data base security. Many businesses don’t realize the threat that lax security of data poses.
A December report by the Identity Theft Resource Center identified 461 data breaches exposing 222,168,244 records. The breaches include hackers into databases, hackers into vendor databases that are accessed by a business, employee theft of data – the gamut!
What is the cost to business of lax data security? As I reported in a previous article, a study by PGP/Ponemon reported in the Insurance Journal found the following:
- Average cost for data breaches per incident are $202 per compromised record
- Lost business averages $139 per record
- Notification costs are at least $1-$2 per individual with credit monitoring adding $10 – $20 per person per year.
In at least one of the versions of the Chicken Little story, Henny Penny and her friends meet Foxy Loxy and they’re never heard from again. Frankly, I’d rather avoid that fate, especially since it’s easy enough to do!
Secure Services Corporation’s SHAPE Card™ provides the most robust front-end database security under the sky! It’s affordable and convenient to use.
Now that’s enought to keep Foxy Loxy and a whole host of government security and privacy compliance folks away from your door.
Happy Holidays!
SHAPE – Secure information at the tip of your finger.