Attacks/Breaches
3/9/2011
06:24 PM
Jake Widman
Jake Widman
Slideshows
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10 Massive Security Breaches

They make the news on a regular basis: incidents in which a company or government agency's security is breached, leading to a loss of information, personal records, or other data. There are many ways to measure the size or cost of a security breach. Some result in the loss of millions of data records, some affect millions of people, and some wind up costing the affected businesses a lot of money. Not to mention, the questions of you calculate the value of personal medical information vs. credit
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In June 2005, MasterCard announced that up to 40 million credit card holders were at risk of having their data stolen -- and 200,000 definitely had -- because of a Trojan on the computers of a credit card processing company. The processor, CardSystems Solutions, had improperly stored the card data, unencrypted, in order to do research on the transactions. The CardSystems chief executive admitted: "We should not have been doing that."

See Also

Nasdaq Confirms Servers Breached

Online Dating Site Breached

Two Arrested For AT&T iPad Network Breach

Schwartz On Security: First, Know You've Been Breached

100,000 Credit Cards Compromised By Data Breach

Gawker Details Missteps Behind Security Breach

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After a serious cybersecurity incident, everyone will be looking to you for answers -- but you’ll never have complete information and you’ll never have enough time. So in those heated moments, when a business is on the brink of collapse, how will you and the rest of the board room executives respond?