In the age of data breaches, companies have a responsibility to safeguard sensitive information. Entrepreneurs can protect data during transactions by taking 4 simple steps. Robin Hau Published 9:00 am CDT, Sunday, April 7, 2019 Photo: Gorodenkoff | Getty Images Photo: Gorodenkoff | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Gorodenkoff | Getty Images Your Data Might Be Safe in the Cloud But What Happens When It Leaves the Cloud? 1 / 1 Back to Gallery With more sensitive data stored in the cloud than ever before, entrepreneurs need to know how to keep information regarding their companies and their customers safe. Cloud service providers can successfully … [Read more...] about Your Data Might Be Safe in the Cloud But What Happens When It Leaves the Cloud?
Healthcare data breaches
(Reuters) - Wall Street’s main indexes fell for a third session on Wednesday as healthcare and energy shares slumped and investors sought reasons to buy after the market’s strong rally to start the year. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid With corporate earnings season ending, investors are looking for next catalysts to drive the market, including a potential trade agreement between the United States and China and economic data, including Friday’s employment report. Optimism over a trade deal and over the Federal Reserve becoming less aggressive on raising interest rates have helped fuel a roughly 11-percent rise for the S&P 500 this year, although the rally has stalled in recent days. “In the absence of positive catalysts, it’s easy to take profits,” said David Joy, chief market strategist at Ameriprise Financial in Boston. “I … [Read more...] about Wall Street falls for third day as healthcare, energy slump
It’s no secret that your personal data is routinely bought and sold by dozens, possibly hundreds, of companies. What’s less known is who those companies are, and what exactly they do. Thanks to a new Vermont law requiring companies that buy and sell third-party personal data to register with the state, we’ve been able to assemble a list of over 100 data brokers operating in the U.S. It’s a rare, rough glimpse into a bustling economy that operates largely in the shadows, and often with few rules. Even Vermont’s first-of-its-kind law, which went into effect last month, is limited in scope: It doesn’t require data brokers to disclose who’s in their databases, what data they collect, or who buys it. Nor does it require brokers to give consumers access to their own data or opt out of data collection. Brokers are, however required to provide some information about their opt-out systems under the law–assuming they provide one. If you do want … [Read more...] about Here are the data brokers quietly buying and selling your personal information
Breaking News Emails Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE Feb. 4, 2019, 3:40 PM GMT By Herb Weisbaum Hackers stole nearly 447 million consumer records containing sensitive personal information last year, according to the 2018 End-of-Year Data Breach Report from the Identity Theft Resource Center. That’s a jump of 126 percent from 2017 (when roughly 198 million sensitive records were stolen) and a new record for the number of compromised files in a single year. “Data breaches are now a normal, everyday occurrence," the report concluded. While the number of U.S. data breaches dropped 23 percent from last year’s high (1,244 vs. 1,632), that’s nothing to cheer about. If breaches are down, but more records are stolen, that’s a serious problem, said Eva Casey-Velasquez, ITRC’s president and CEO. “This is telling us that we are creating a system and processes … [Read more...] about You’ve been breached: Hackers stole nearly half a billion personal records in 2018
Among the victims of 2018’s biggest data security attacks were government-run databases, hotels and social media sites. Pixabay Cambridge Analytica was the scandal that started it all. But the global data privacy crisis has taken on a life of its own, churning out an increasing number of victims every year, with each case more severe and far-reaching than the last. We present to you this year’s seven worst data scandals, listed in order of the number of users affected: Honorary mention: Singhealth – 1.5 million citizens + 1 Prime Minister The Straits Times Compared to the rest of this list, 1.5 million users seems a trivial number – but hackers who broke into the systems of Singapore’s largest healthcare institution in July managed to make away with the patient records and medical prescriptions of the country’s Prime Minister, Lee Hsien Loong – whose data authorities found was “specifically and repeatedly targeted”. … [Read more...] about These are 2018’s seven biggest data scandals, ranked according to how disastrous they were