...$55 Million Dollar Data Breach at ChoicePoint Abstract Personal data breaches have become epidemic in the U.S. where innocent citizens sensitive information is being left unprotected and subsequently disseminated between hackers. ChoicePoint is an organization that is a premier data broker and credentialing service in the industry. The company was guilty of failing to fulfil their own policy of thoroughly evaluating prospective customer organizations which resulted in a major breach. The source of this failure will be evaluated as well as possible solutions. The punishment and repercussions will be evaluated for appropriateness and the reactions of the organization will be scrutinized for potential effectiveness. The root cause of the ChoicePoint data breach stemmed from the organizations failure to enforce their own policy of verifying the legitimacy of customers. The direct failure involved an inadequate background check which provided hackers with customer accounts. The hacker’s then utilized the accounts to illegally access databases and steal confidential data. There is a personal-data-loss database that contains data on regarding more than 900 breaches in the U.S. which is made up of more than 300 million personal records. Analysis of this database illustrated that 81% of the breaches were committed by malicious outsiders. This value relates specifically to records that were vulnerable to being stolen by identity thieves. Further this value illustrates...
Words: 1067 - Pages: 5
...IS3350 Unit 8 Assignment 1 To: Verizon Date: 2 February, 2014 Subject: Data Breach Executive Summary Overview Verizon’s 2013 Data Breach Investigations Report (DBIR) provides truly global insights into the nature of data breaches that can help organizations of all sizes to better understand the threat and take the necessary steps to protect themselves. The breadth and depth of data represented in this year’s DBIR is unprecedented. It combines the efforts of 19 global organizations: law enforcement agencies, national incident-reporting entities, research institutions, and a number of private security firms — all working to study and combat data breaches. Analysis With 47,000+ Security incidents analyzed, 621 confirmed data breaches studied, and 19 international contributors, Verizon has ample amounts of data to compile and use to better their network. This data can also be analyzed to see what types of people are making these breaches and what motives they may have for doing so. In the 2013 DBIR, 69% of breaches were spotted by an external party and 76% of the network intrusions were due too weak or stolen passwords. Some of the other factors that have been realized was that 75% of the attacks are opportunistic and 19% of attacks are some form of espionage. There is also much evidence that many of these breaches could be tied to organized crime and gathering financial information. On a very basic level, just looking at the history of organized crime, money has always...
Words: 344 - Pages: 2
...been fined £30,000. This shows that the duty of care on the customers of the Chinese restaurant was not shown. Q2) explain with evidence which suggests that the duty of care owed by these businesses were breached? A2) the evidence which shows that the duty of care was breached by these businesses are that they failed to proceed with any quality checks on their products. If their checks had been completed thoroughly there would not have been bread or sweet and sour sauce with mouse’s in it. If this had also been completed the two businesses wouldn’t have found themselves in this situation of paying fines and affecting their reputation. Q3) were the injuries suffered by the victims as a direct result of the breach duty of care owed? Explain your answer. A3) Yes, the breach of duty of care directly had a correlation between the customer being ill and their product being affected. Due to the businesses failing to carry out their duty of care their customers suffered physically and emotionally which could lead to them never eating bread...
Words: 362 - Pages: 2
...affected. When a breach happens, it could affect consumers, companies, and employees as well as individuals using online services at home. There are several types of breaches and it is very important to protect people from all of them. Internal attacks are the most frequent and easiest attacks because people already have access to the data. As a company, it is important to make sure that passwords used within the facility are updated frequently. Upon terminating an employee, a company should terminate all of the ex-employee’s access to existing networks. Another way a company experiences data breaches is by allowing unsecured mobile devices to access their network. Public access to a company’s networks raises a lot of risks. When devices access the network, it weakens the security of the network including passwords and secured accounts. The same thing applies to people in their homes. Home networks allow you to secure a connection by using a password. However, when outside parties are allowed access to the network, it becomes more vulnerable. It is important to filter the information that you send over a network. When making online orders or purchases at home, it is probably best to use a prepaid debit card versus one linked to an actual bank account. Also, online conversations raise vulnerabilities. When engaging a person met via an online service, it is best to be as discreet as possible. When “data breaches” occur, it is important to fully address what kind of breach of occurred...
Words: 683 - Pages: 3
...techniques that go beyond malware. YOUR SECURITY SYSTEMS CAN’T STOP WHAT THEY CAN’T SEE. WHY CURRENT TECHNIQUES ARE FAILING: Traditional approaches only address the 40 percent of breaches that use malware They don’t enable proactive hunting to find and block adversary activity Most security tools only address part of the cyber ‘kill-chain’ When existing approaches fail, they provide no visibility, resulting in ‘silent failure’ IT’S TIME FOR A NEW APPROACH FALCON: THE BREACH PREVENTION PLATFORM Cloud Delivered NEXT-GEN AV EDR MANAGED HUNTING Continous Breach Prevention CrowdStrike has revolutionized endpoint protection by combining three crucial elements: next-gen AV, endpoint detection and response (EDR), and a 24/7 - managed hunting service — all powered by intelligence and uniquely delivered via the cloud in a single integrated solution. Falcon uses the patented CrowdStrike Threat Graph™ to analyze and correlate billions of events in real time, providing continous breach prevention and five-second visibility across all endpoints. WHY CROWDSTRIKE? Prevent Attacks – Both Malware and Malware-free – that Your Existing Security Tools Can’t Stop 5-Second Visibility to Discover and Investigate Current and Historic Endpoint Activity Lower Cost and Higher Performance with Cloud Delivery Reduce Complexity via a Single Agent and Increase Endpoint Performance Hunt Proactively for Adversaries with Integrated 24/7 Managed Hunting ...
Words: 535 - Pages: 3
...prior to submitting our application to the client it was discovered that some code, as well as a few of the artwork elements included in the project were utilized without proper permissions from online sources. This required a complete recode to entire portions of the project, as well as to redesign the artwork and visual components. This also required the immediate dismissal of the employees whom perpetrated the violations as is the consequence clearly laid out in the employee handbook which every employee is provided upon their employment. While the client is happy that we identified and resolved the situation prior to providing them with their contracted product, they are understandably less than satisfied due to the delays which this breach caused. Potential effects of this action to Pearson and Watters Inc. could be long lasting. Our very reputation is at stake in any such matter. Not only have we now failed to provide a client with their product in the timeframe which we stated, but that client cannot help but wonder about past and even future projects and whether or not other such breaches were caught. This further effects our company due to having to replace the offending employees rapidly, lost profits due to additional time required to be spent on the project, as well as damaging our confidence that we have hired the best possible candidates for our project...
Words: 261 - Pages: 2
...Top Six Data Breach Trends for 2014 April 28, 2014 Article Reference Griffin, Joel. "Top six data breach trends for 2014." SecurityInfoWatch.com. N.p., 10 Jan. 2014. Web. 29 Apr. 2014. Summary This class has been absolutely phenomenal. I have been in the tech industry for about 5-6 years now and just recently started developing iOS apps and websites about 1-2 years ago and am still new and learning each and every day, but I haven’t really ever enjoyed a class this much. I have been reading articles each week for these research papers that are required weekly and due to the requirement of breaking them down and performing a “dive deep” on them, I have really been able to relate what we are learning in school to actual life and real life situations. The article that I choose for this week is from Security Info Watch and it discusses the future of data breaches this year and things that we could encounter over the time frame of this year and next decade as technology continues to grow at the rate it is growing. It compare the big breach with Target and aligns it to other situations that are possibilities with the way we use our technology. One of the big theories that the article through out was that we are going to run into issues with all of this cloud computing and big data and that society is very vulnerable to a big data cloud breach. Apple has started the whole ball rolling with cloud computing storing all of your...
Words: 681 - Pages: 3
...Data breaches are among the most frequent and expensive security failures in many organizations across the world. In fact, studies have shown that companies are attacked tens of thousands of times per year. With today's data moving freely between internal and external networks, mobile devices, the Internet and the cloud, the disturbing data breach trend is on the rise. Poor network security and inadequate traffic segmentation were chief causes of data breaches in 2013 and 2014, compromising countless data records and costing corporate hacking victims, financial institutions, retailers and credit card issuers billions of dollars to resolve. The Latest Breach... In February, Anthem Inc., the nation’s second largest health insurance company,...
Words: 697 - Pages: 3
...Preventing Security Breaches: Collaborative Summary Jasmine Crosby BIS/221 March 26, 2015 Mr. Kelvin Sigler Preventing Security Breaches: Collaborative Summary Within Week 2 we had to discuss an article on Preventing Security Breaches. The article of discussion was “Confronting the Emerging Threat”. Out of this article was listed several ways companies could use to prevent security breaching within their company. One major preventive measure that was interesting in the article is that companies should prohibit employees on transmitting confidential information via email this prevents outsiders from breaching data within the company. Although it is important to use high security within company email does this really stop encrypted information going out into the wrong hands? It was also stated in this article that companies using database systems that are outside of the company are at a great risk. This great risk for example, is a company my employer uses that host several employees training classes and also the last four of each employee social security number. There was an instance when they had an issue with their server which placed our database at risk of losing thousands of data. The major issue is that their IT department stated to us that they had no backup of all the data that we entered in the system for the past year. If we had not saved all the data we input for the past year we would have had to start from scratch. Therefore it is better to be safe than sorry...
Words: 398 - Pages: 2
... We are dealing with quite few ethical issues in your dealings with Sam Salesperson and Seller Unknown. For example, Mr. Salesperson did not draw up the contract regarding the earnest payment on two occasions when he promised to do so. He did not practice impartially as a dual agent and seemed to be biased towards the seller. It was very unethical not to disclose the deal in the works with the other buyer. The cause of action you have here is a Breach of Contract. Looking at the rest of the facts, all the other things that were done here are not separately actionable and fall under this cause of action. You did the appropriate thing in asking for the extension in regards to the earnest payment and Mr. Salesperson agreed to the terms and seemed to have relayed the information onto the seller. At the time you requested the extension, the seller and Mr. Salesperson could have terminated at that time and moved onto the other deal, but they did not; they accepted your deal and that was unethical and a breach that provides you with a cause of action. The Defendants breached the contract by first agreeing to the extension to the earnest payment, then not drawing up the contract and finally terminating all together and selling the property to another buyer at a higher price. A contract is described as, “A written contract is usually pleaded by setting it out in its entirety in the body of the complaint or by attaching a copy. The other method...
Words: 507 - Pages: 3
...The analysis and solution of Paul’s case A: The contract between Paul and Bagel Parkson is not been frustrate. Frustration is the situation where an unexpected event occurs, for which neither party is responsible, with the result that the very basis of the contract is destroyed. For the successful pleading of frustration, there are three essentials must be satisfied. 1) The even occurs which was outside the contemplation of the parties. On the other words, both of the parties did not predict what things will happen. The case of it is Jackson V Union Marine Insurance. 2) The contract, if performed, would be different contract from that entered into. That is to say, if the particular of the contract has change, the contract is different. The case is Krell V Henry. 3) The event is one for which neither party is responsible for. That is both of the parties can not control things will happen. The contract between Paul and Bagel Parkson had destroyed without the three essentials above. Bagel Parkson was arrested by the police in his hotel room for drug possession and consumption. That is a personal problem of Bagel Parkson. If Bagel Parkson did not have drug in his room, then police would not arrest him, then he can performance. But he had drug in his room, he crime make police arrested him. That is say, he make the performance can not precede. The fact of this case is similar to Maritime National Fish V Ocean Trawlers. （Chandran, R., P114）There is a case, there is a...
Words: 1426 - Pages: 6
...ERNST V. DESTINY SOFTWARE PRODUCTIONS INC. AND DESTINY MEDIA TECHNOLOGIES INC. Nov 17, 2011 Madam Justice Adair Courtroom 30 • Breach of contract • Employer’s duty to warn employee of problem or communicate; at least give the notice before the dismissal Geographical location issue: where performance should be conducted. “Mexico” • Employee worked in Mexico and was dismissed due to location; however, his location was not the part of a contract. Needs to be subjective in valuation of just cause - Providing past case examples in which employer gave notice. (After referring to previous cases couple times, the judge said that she had to have a look at those cases contract as well). • Location terms in contract is unclear: contractual interpretation • Provided past case example - Interpretation should based on words and not intention From my observations, judge’s role in this particular case was active. Madam Justice Adair asked a few questions, commented on some points and she was very arguable and had several dialogues with lawyers. During the case judge asked about “severance” of it. Plaintiff’s lawyer responded and stated that if there’s no just cause, then the plaintiff should get severance. The plaintiff was forced to sell vitamin, “alternative employment” triggered and no severance. Defendant wants to cut severance upon finding alternative employment. Problem is dismissed with cause and there is no severance, if not de-caused defendant...
Words: 887 - Pages: 4
...IRAC Method of Case Study Analysis Nsima Etok and Christopher Dunbar Business Law 531 March 31 2015 Gregory Martins Introduction In any type of business, whether it is partnership, Limited Liability Company (LLC) and or a Corporation, these are seen as different types of businesses that involves one, two or more People. The same is implied to businesses that are operated internationally between different Companies and Organizations across the globe which deals with either importing or exporting of products or other items of trade. It is therefore necessary that in this type of business, all the parties involved have to look into so many factors as will be analyzed in this paper from demographic, security, culture and values and other related issues which are more relevant to the smooth operation of the business and not forgetting the legal consequences from the business which is very paramount. Abstract With the increasing focus on globalization form(s) and companies operating their network of business activities across the globe, There are issues to be considered while dealing with those things that helps in streamlining how any business can operate effectively. Some of these are: Economy, Environment, Ethics, Social. It is obvious that when engaging in international business, the different parties must look into the merits and de-merits of their business operation and the overall impact on the business. (Thinkingbookwom...
Words: 908 - Pages: 4
...In a organization psychological contract is a essential part of positive employee relationship. It requires interaction & communication between employer & employee. Basically psychological contract is the`mutual beliefs, perceptions and informal obligations between an employer and employee (D.Rousseau,1989). It can be distinguished from the legal employment contract. It is the perception of both employee and employer, of what are their mutual obligations towards each others. It can be more influential than the formal written contract in affecting how employees behave from day to day, their motivations and their commitment to the organization. Levinson (1962), the father of the concept of psychological contract defined it as an unwritten contract. According to his concept psychological contract is the sum of the mutual expectations between the organization and employees. Psychological contracts are mental models or schemas that develop through an individual’s interactions and experiences (Levinson, 1962) The psychological contract is playing an increasingly important role in helping to define and understand contemporary employment relationship (Millward & Brewerton, 1999). The psychological contract tells employees what they are required to do in order to meet their side of the bargain and what they can expect from their job. It offers a valid and helpful framework of thinking about the employment relationship, especially against a background of a changing labour market and...
Words: 4982 - Pages: 20
...Singapore Management University AY 2013-14 Term 2 Final Examination Date / Start Time | 21 Apr 2014 / 8.30am | Course | LGST 101 – Business Law | Group | G7 | Instructor | Assoc Prof Low Kee Yang | INSTRUCTIONS TO CANDIDATES 1 The time allocated for this examination paper is 2 hours, of which the first 15 minutes is reading time. Do not write on the answer booklet during reading time. 2 This examination paper has 1 question and comprises 2 pages, including this instruction sheet. All the best. : ) In November 2013, Cindy, a relatively unknown actress in the Singapore film scene, signed a contract to act in a movie produced by Daniel. Filming began in December 2013 and by mid-February 2014, more than $200,000 had been incurred on expenses, including costumes, marketing and shooting. On 15 February 2014, Cindy was ecstatic when she learnt that she has an Oscar nomination for best supporting actress in the category of foreign films for her role in a recent Singapore movie. She then decided that Daniel’s movie might negatively impact her future Hollywood career (as she was cast in Daniel’s movie as a stereotype) and informed Daniel that she would not be acting in his movie anymore. Daniel replied angrily that she will hear from his lawyers. On 22 February, Cindy contracted with Andy to play a lead role in his upcoming movie “The Noble Dragon”, which was scheduled to be released in September this year...
Words: 1072 - Pages: 5
