This morning over a cup of coffee, I gazing at the front page of my Wall Street Journal. Casually scanning the stories. Something caught my eye; the Wall Street Journal stated that a Seattleite is at the center of a Major Data Breach. Here from Seattle, a former Amazon employee has been arrested, in connection with the Capital One Breach affecting 106 Million Card Applicants. Wow
Estimating the cost to the company is typically, at least $100 to $150 per user, it would be easy to estimate the initial cost to Capital One will be well over $100M, and most likely upward of $200M, when you factor in all the internal remediations and legel cost that are never recovered by any company.
CyberSecurity seems like an impossible task. I will grant you that it is not an easy task; but I will say that focus and diligence is our best tactic so far. We cannot hide our faces in the sand anymore. We must confront these issues and do our best to protect both our companies information as well as our customer’s data. I believe we should all ponder how to become more secure and act accordingly in an expeditious fashion. This wordgram may help you ponder and reflect on this issue.
At Ascension, we are working to insure ourselves and our clients are protecting both corporate and individual data. Again, I think we need to ask ourselves, are we doing enough to protect customer and/or business information? Ponder this question and free free to comment. Thank you