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Equifax Data Breach Prompts Calls For Tougher Security Requirements On Data Aggregators
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mattrjohnson21
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mattrjohnson21,
User Rank: Apprentice
9/16/2017 | 6:12:53 PM
The Cybersecurity Battle - Time to Give Up?
Maybe it is time for a different approach for cybersecurity? See post on LinkedIn below.
https://www.linkedin.com/pulse/give-up-cybersecurity-programs-matthew-r-johnson-cpa-cisa/?trackingId=UbDoa%2BG4FpxaeSIyMQIzGg%3D%3D
lunny
50%
50%
lunny,
User Rank: Apprentice
9/8/2017 | 3:13:45 PM
The End Game
Once data is released, there's no getting it back.  Unless something changes, more and more data will be released.  As analytics advances, much more data will be made knowable through inference (having "yellow" and "blue" allows you to infer "green" with great confidence).  We need to focus on how to make private data useless to thieves.  If someone who is not me cannot use my data to impersonate me, then I don't really care that it's out there.  Medical data and other types of personal information is on a different level.  It can be used to extort people who might be vulnerable to such criminal methods.  Part of our problem is that it's still too easy to impersonate someone else with a little bit of their data.  That's the core problem we really aren't addressing.  At some point, we run out of fingers to put in the dike.
cybersavior
100%
0%
cybersavior,
User Rank: Strategist
9/8/2017 | 2:58:12 PM
Dispicable and probably criminal
Equifax is dispicable to include an arbitration clause in the sign-up acknowledgement as a prerequisite in front of the free credit monitoring offering.  That consent waives a consumers right to class action.

The EFX stock sales by company officers following the breach (some $1.8M) should be investgated by the SEC, too.


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