Dozens of major data breaches have occurred in the last fifteen years. Each one illustrates the massive cost – both in dollars and in reputation – of lax security. Consider:
- Uber in 2016 – Hackers downloaded more than 25 million drivers’ and customers’ personal information; the cover-up and resulting claims alone cost $148 million.
- Equifax in 2017 (more than once!) – Just one of the 2017 incidents cost Equifax 140 million American, British, and Canadian credit records, and a $575 million settlement to those affected.
- MyFitnessPal (by Under Armor) in 2018 – Hackers breached 150 million user accounts, causing Under Armor stock value to fall by 4.6%.
There is so much at stake when it comes to customer – and company – data. Let’s talk about how data breaches happen, and how to protect your data… Read more at MinionWare…