On Thursday, September 22, Yahoo confirmed data associated with at least 500 million user’s email accounts was breached in 2014 in what may be one of the largest data breaches ever. Some security experts think between 1 billion and 3 billion accounts may have been hacked by cyber criminals who sold the compromised date to an Eastern European nation state.
News sites across the internet, as well as local media, informed us that 1.2 billion usernames and passwords were stolen by an internet crime group located in a small city in south-central Russia. In addition to the usernames and passwords, over 500 million email addresses were also stolen and confidential material was obtained from 420,000 websites. The websites that were hacked included Fortune 500 companies as well as small internet sites.
Businesses have all kinds of plans; marketing plans, strategic plans, safety plans, sales plans, production plans, staffing plans, and even cash management plans. But do you have a data breach plan? If we’ve learned anything over the past 7 months, data breaches do occur, and they seem to be occurring at a faster rate than ever before.
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