Information Systems Integration – Tony Messina

How Can a Company Recover from a Data Breach?

Data breaches have become not only more numerous but larger in size and damage as well with the potential to destroy a company’s reputation in seconds and cost millions if not billions of dollars. The most recent data breach of this size was Equifax, which potentially affected almost 150 million Americans and their credit card information. Another recent example was Home Depot a few years ago who was attacked via a weakness in the point of sales system. Both breaches had technology and sensitive information in common– and many data breaches in the last few years have been traced back to human error with technology. Many have pointed out that the system Equifax used shouldn’t have even been able to access so much data at once. Was the error from a lack of adequate employee training or technology? So how can Equifax restructure its systems since its data breach was through a “failure of technology”, and how can other companies learn from their mistake?

One Response to How Can a Company Recover from a Data Breach?

  • Equifax and other companies can learn from these costly mistakes by keeping their systems up to date. During my internship this past summer, the WannaCry exploit was mentioned in many of our audits. WannaCry exploited a flaw in the Windows OS and affected hundreds of thousands of organizations across the world. To avoid the WannaCry exploit, you had to make sure your systems were up to date with patches. Moving forward, companies should always make sure their systems are up to date on patches and make sure critical ports are not open in their network.

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