The data breach earthquake

The aftershocks of a data breach can be catastrophic to a business, whether it’s the loss of sensitive information such as customer records, or the business’ intellectual property finding its way into the wrong hands.  What is certain, is it will have a detrimental impact to the bottom line in one way or another. The actual cost is often difficult to quantify. Especially when it comes to intellectual property as…

The diverse nature of data breaches

There have been two data breaches to note in the news in the last week or so that show the diverse nature of the causes of leaks, and the risks they pose to businesses and their customers.  The perception is that data breaches are targeted malicious attacks by criminal gangs, but this isn’t always necessarily the case. First to hit the headlines was Tesco’s Club Card data leak. This wasn’t…

How old data can come back to haunt you

The recent media coverage of the Barclays’ data breach (http://www.computerweekly.com/news/2240214060/Barclays-under-scrutiny-after-leak-of-27000-customer-records) shows that even older customer data from defunct businesses and subsidiaries can have real value if it should fall into the wrong hands. For a well-known brand, a data leak like this is hard to stomach, particularly if its customers have suffered financially. But the bigger consequence is one of trust and reputation which we all know takes a lifetime…

Keeping tabs on old laptops

An article about an unusual data breach caught our eye this week.  It’s unusual because of the length of time it had been going on for (http://www.cio.co.uk/news/security/coca-cola-data-breach-as-employee-borrows-55-laptops/). Around 74,000 records, including personal data of employees and other sensitive information, were taken from Coca-Cola in a protracted loss that went on for several years.  A Coca-Cola employee took 55 – yes that’s right, 55 laptops – from under the noses of…