Research Paper On Data Breaches

Technology is apart of mostly everyone’s life and daily schedule, but often people fail to realize the fact that the government has the ability to monitor everything someone does through these devices. In George Orwell’s novel, 1984, a futuristic government spies on their citizens through technology found all throughout their homes. The government used secret microphones, telescreens, and the thought police, a group in charge of finding rebels against the party, in order to monitor what people say and think. There are many examples of this in today’s society: Amazon’s Alexa, Samsung Smart televisions, and social media apps. Amazon’s Alexa and Samsung Smart Televisions are voice recognition systems

The development of ransomware-as-a-benefit (RaaS) has likewise assumed a noteworthy part in the multiplication of assaults. RaaS has moved the execution of a ransomware assault from "proficient" to "content kiddie."

A data breach is an incident in which sensitive, protected or confidential data has potentially been viewed, stolen or used by an individual unauthorized to do so. Data breaches may involve personal health information (PHI), personally identifiable information (PII), trade secrets or intellectual property. The most common concept of a data breach is an attacker hacking into a corporate network to steal sensitive data. However, not all data breaches are so dramatic. If an unauthorized hospital employee views a patient's health information on a computer screen over the shoulder of an authorized employee that also constitutes a data breach.

In December 2013, Target was attacked by a cyber-attack due to a data breach. Target is a widely known retailer that has millions of consumers flocking every day to the retailer to partake in the stores wonders. The Target Data Breach is now known as the largest data breach/attack surpassing the TJX data breach in 2007. “The second-biggest attack struck TJX Companies, the parent company of TJMaxx and Marshall’s, which said in 2007 that about 45 million credit cards and debit cards had been compromised.” (Timberg, Yang, & Tsukayama, 2013) The data breach occurred to Target was a strong swift kick to the guts to not only the retailer/corporation, but to employees and consumers. The December 2013 data breach, exposed Target in a way that many

The violation of the information resources of the company was caused by an employee accessing the data systems from an outside source. The information included employee personal information and company manufacturing documents. The security was lax and should not have allowed for such access from outside. The possible impacts are many and must be carefully analyzed.

In today’s world it is highly impossible for any kind of business to function without the assistance of technology. Any company that relies on digital data and computer networks have exposure to a host of varying Cyber Attacks. As technology continues to evolve, cyber security breaches become even more difficult to solve. The cybersecurity world rightly believes in the maxim – It’s not if, it’s when!

The purpose of the policy is to create the objectives and the visualization for James Greene Data Center Breach Response Process. This policy will outline to whom it relates and under what conditions, and it will include the definition of a breach, staff roles and responsibilities, standards and metrics, as well as reporting, and feedback .The policy will be made public and made easily available to all personnel whose responsibilities include data privacy and security protection.

The WannaCry ransomware was found in May,2017. This ransomware looks for and tries to encrypt about 176 file types as well as appends. It puts the words WCRY at the end of a file name. Following that its asks the user victims to pay a ransom in the form of bitcoins. The note says that after three days of nonpayment the amount will double. After seven days, the encrypted files have a possibility of being deleted. The way that the ransom payment is set up is the attackers request to be paid by the form of bitcoins. The unique Bitcoin walled address in the infected computer in this case does not execute correctly. Therefore, the WannaCry goes into a three-hardcoded bitcoin address to receive the payments. This ransomware is said to be the works of a hacking group known as shadow brokers. They claim to have discovered flaws from the United States Security Agency (NSA).

Ransomware first entered the online space in 1989 when the AIDS Trojan a.k.a. PC Cyborg designed by Joseph Popp was introduced. AIDS Trojan is the first file-encrypting threat to encrypt the user’s files on the hard drive and demand money to unlock them. Since then, ransomware has evolved so much that a single ransomware piece – Crypto wall, has cost the world economy $18 million in less than a year. To put it in other words, Crypto wall’s creators have made millions of dollars while extorting money from individuals and

People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.

Ransomware holds your computer hostage... like a kidnapper would. It renders your files inaccessible and then instructs you to pay the "kidnapper" to access them. A word of caution - Paying the ransom is no guarantee that the cyber criminals will honor their part of the agreement. Learn more about ransomware here.

Data breaches happen daily, in too many places at once to keep count. But there is some huge breach versus a small one and we will take some examples from the biggest or most significant breaches of the 21st century to show how much risk or damage the breach caused for companies, insurers and users or account holders.

Ten years ago business professionals were grappling with the decision of whether to implement cloud computing into their organizations. Today, we no longer have the luxury of “If” we will embrace the new technology but rather “How” we will make it as safe as possible.

In the last decade it’s amazing how technology has advanced over the years and will continue to advance for many years to come. Every year there is a new cell phone from Apple or Samsung, with new features that make our lives more convenient. From faster software to higher picture quality and so on. I am unable to recall the last time I used a camera to take pictures or went to the bank to deposit a check. Technology advances every day and many can’t wait to see what’s next to come. But with new technology comes greater risk for violations of privacy. In the following research paper I will discuss the types of security breaches and the cost associated with these breaches that businesses around the world face on a daily basis.

Ransomware attacks have been on the rise over the past couple of years, especially this year when there have been daily reports of hospitals, schools, and police departments falling victim to digital extortion. The Business Insider reported that victims paid more than 24 million dollars to cybercriminals because of ransomware (Turkel, 2016).