When will the public have enough of this? Well, one massive problem is that the public probably thinks this problem is only with the companies and their security polices. That is a big problem. Another even bigger problem is that fact that most companies are required by law to know there customer. They are required to collect mounds of data on people. This of course creates a massive honey pot for criminals. Yes, these companies are not doing all they can do to protect their customers, but best solution to data privacy breaches is to not even have the data to steal. So, the next time one of your friends complains about a data breach mention KYC laws and how the government requires all of these honey pots to be created, and then acts like they have no part in the problem.
If the governments of the world didn't require KYC many companies would still try to get you to give them valuable data about yourself. The difference is that in a free market it would be easier for companies to compete on privacy. Right now, there is a false bottom to privacy.
The other factor is that the masses still do not value privacy to the level required to promote the shift necessary in the market. It is my belief that there will continue to be breaches until people learn. Until then do what you can to protect yourself.
Agree that there are going to be way more data leaks. What we’ve witnessed is small fry to date.
If you’re in a company you should be pushing to process less today, in order to have longevity tomorrow. I discussed the same conclusion in #441238. You nailed it here 👇
best solution to data privacy breaches is to not even have the data to steal
Makes me think, a directory that names and shames these vendors across all products & verticals would be useful. Sure, any company can appear in that list these days, given the state of passwords & poor security practices alone.
Though I discovered a closed community-based social network last week that leaves their API data completely accessible & unencrypted to anyone that wishes to snoop, without any keys required. The mind boggles sometimes at the lack of shits given by companies. And by staff on permanent payroll.
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Makes me think, a directory that names and shames these vendors across all products & verticals would be useful. Sure, any company can appear in that list these days, given the state of passwords & poor security practices alone.
I mean at this point it might be easier to just list the Fortune 500. But in the context of this breach I'm not aware of a telcom that hasn't had a breach. Many have had multiple. Like bitcoin, the rugging will continue until morale improves.
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Personally looking for alternatives!
Incompetent AT&T Has Largest Dark Web Data Leak In Their Company's History, Social Security Numbers Revealed
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We have hacks coming at our site nonstop, but my system, absolutely everything is very secure, plus even more important, covered in the blood of Christ ;-)
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