Equifax Is an Enron Moment, But Not the Way You May Think
Enron changed how U.S. public companies audit and report their financial
data. There is also an opportunity to use the Equifax data breach to create a
framework for better protection of our data in future.
The credit reporting agency reported one of the largest data breaches in the
history. Hackers were able to steal sensitive information from its internal
servers. The stolen data include name, Social Security Number (SSN), date of
birth, and also credit card numbers and driver license numbers in some cases.
A massive breach like this can haunt the victims for years to come.
What makes this specific breach even more damaging is the type of the stolen
data. If someone steals your credit card number, you call your bank and get a
new card hopefully before the hacker is able to make use of the stolen card.
But, if... (more)
Cloud migration of modern enterprise infrastructure has been a defining trait
of recent times. The cloud brings increased efficiency, streamlined
operations, an increased shared knowledge base, and scale that was simply not
possible earlier. Enterprise IT executives expect that 60 percent of
workloads will run in various clouds by 2018 according to survey data of
1,200 buyers by 451 Research.
However, according to the NorthBridge Future of Cloud Computing survey, the
largest survey of its kind, security remains the number one inhibitor of
enterprise migration to the cloud. One o... (more)