The Target And Other Financial Data Breaches
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The Target And Other Financial Data Breaches
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Author : Congressional Research Service
language : en
Publisher: CreateSpace
Release Date : 2015-02-04
The Target And Other Financial Data Breaches written by Congressional Research Service and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-04 with Business & Economics categories.
In November and December of 2013, cybercriminals breached the data security of Target, one of the largest U.S. retail chains, stealing the personal and financial information of millions of customers. On December 19, 2013, Target confirmed that some 40 million credit and debit card account numbers had been stolen. On January 10, 2014, Target announced that personal information, including the names, addresses, phone numbers, and email addresses of up to 70 million customers, was also stolen during the data breach. A report by the Senate Committee on Commerce in March 2014 concluded that Target missed opportunities to prevent the data breach. Target. To date, Target has reported data breach costs of $248 million. Independent sources have made back-of-the-envelope estimates ranging from $240 million to $2.2 billion in fraudulent charges alone. This does not include additional potential costs to consumers concerned about their personal information or credit histories; potential fines or penalties to Target, financial institutions or others; or any costs to Target related to a loss of consumer confidence. The breach was among the largest in U.S. history. Consumer concern over the scale of this data breach has fueled further congressional attention on the Target breach and data security and data breaches more broadly. In the wake of Target's revelations, between February 3 and April 2, 2014, Congress held seven hearings by six different committees related to these topics. In addition to examining the events surrounding the Target breach, hearings have focused on preventing such data breaches, improving data security standards, protecting consumers' personal data, and notifying consumers when their data have been compromised.
The Target Store Data Breaches
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Author : Marianna Hardy
language : en
Publisher: Nova Science Publishers
Release Date : 2014
The Target Store Data Breaches written by Marianna Hardy and has been published by Nova Science Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Computer security categories.
In November and December of 2013, cyber-criminals breached the data security of Target, one of the largest U.S. retail chains, stealing the personal and financial information of millions of customers. On December 19, 2013, Target confirmed that some 40 million credit and debit card account numbers had been stolen. On January 10, 2014, Target announced that personal information, including the names, addresses, phone numbers, and email addresses of up to 70 million customers, was also stolen during the data breach. A report by the Senate Committee on Commerce in March 2014 concluded that Target missed opportunities to prevent the data breach. This book answers some frequently asked questions about the Target breach, including what is known to have happened in the breach, and what costs may result. It also examines some of the broader issues common to data breaches, including how the payment system works, how cybersecurity costs are shared and allocated within the payment system, who bears the losses in such breaches more generally, what emerging cybersecurity technologies may help prevent them, and what role the government could play in encouraging their adoption. The book addresses policy issues discussed in congressional hearings and describes some of the legislation that Congress has introduced to deal with these issues. This book also presents an explanation of how the Target breach occurred, based on media reports and expert analyses that have been published since Target publicly acknowledged this breach.
The Target And Other Financial Data Breaches
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Author : C. S. Redhead
language : en
Publisher:
Release Date : 2015
The Target And Other Financial Data Breaches written by C. S. Redhead and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
This report summarizes legislative actions taken to repeal, defund, delay, or otherwise amend the Affordable Care Act (ACA) since it was signed into law. The report is divided into two sections. The first section focuses on authorizing legislation, and the second section discusses appropriations bills. While a detailed examination of the ACA itself is beyond the scope of this report, a brief overview of the ACA's core provisions and its impact on federal spending is provided.
Data Breach Illegal Hacking For Financial Gain
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Author : Geoff Dearie
language : en
Publisher: Independently Published
Release Date : 2024-03-17
Data Breach Illegal Hacking For Financial Gain written by Geoff Dearie and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-17 with Computers categories.
This comprehensive examination delves into the financial repercussions faced by 50 companies victimized by data breaches, ranging from minor financial disturbances to monumental losses amounting to billions of dollars, orchestrated by nefarious hackers emerging from the shadowy corners of the dark web. The modern digital era, while offering unparalleled connectivity and efficiencies, also opens the floodgates to unprecedented vulnerabilities, where data breaches are not just incidents but seismic events that can destabilize even the most stalwart of corporations. Through this analysis, we unravel the multifaceted implications these breaches have on the corporate world. Beyond the immediate financial hemorrhage, companies grapple with long-term brand damage, eroded customer trust, and the daunting task of overhauling security measures. The narrative is not solely one of loss and despair but also a clarion call to action for robust data protection strategies. We explore the invisible costs that go beyond rectifying the breach itself, including the investment in state-of-the-art cybersecurity infrastructure, training employees in data hygiene, and compliance with ever-evolving data protection regulations. This study also sheds light on the psychological impact on stakeholders and the market valuation of affected companies, illustrating how a single breach can alter the trajectory of an enterprise. In a world increasingly driven by data, understanding the dynamics of data breaches is crucial for any entity that seeks to safeguard its informational assets. This discourse serves as both a cautionary tale and a guidebook for navigating the treacherous waters of the digital age, emphasizing the importance of proactive defense mechanisms, crisis management, and the cultivation of a security-centric corporate culture. Through the lens of these 50 companies, we witness the tangible and intangible costs of data breaches and the paramount importance of fortifying digital fortresses against the ever-looming threat of cyber intrusions.
Data Breaches
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Author : Sherri Davidoff
language : en
Publisher: Addison-Wesley Professional
Release Date : 2019-10-16
Data Breaches written by Sherri Davidoff and has been published by Addison-Wesley Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-16 with Business categories.
Why do some organizations emerge from a data breach unscathed, while others are badly damaged, or even collapse? How can you make smart choices to protect your organization before and after a data breach? This book exposes the high-octane world of data breach disclosure and response, where IT help desk staff have the power to save or destroy a company, and cutting-edge attorneys must often parachute in to save the day. You'll watch as one of the world's most experienced cybersecurity professionals dissects high-profile data breaches, reveals what happened, and reveals exactly what you can do to navigate a massive data breach -- quickly mitigating damage to your digital assets, finances, and organizational reputation. Sherri Davidoff teaches through storytelling, making this book powerfully accessible and practically useful to everyone from the boardroom to the server closet. Along the way, she reveals what the press didn't cover about attacks on ChoicePoint, TJ Maxx, Heartland, Target, Anthem, and many other leading organizations -- and presenting specific lessons you can start applying right now, regardless of your technical or business infrastructure. Drawing on her immense personal experience with digital forensics, incident response, security awareness training, penetration testing, and web security assessment -- and her work teaching in venues from Black Hat to the Department of Defense -- Davidoff introduces today's most comprehensive and practical framework for data breach response. You'll discover: Critical turning points throughout data breach events, and how to respond to each of them How breach response lifecycles are changing: why classic incident response approaches are no longer sufficient, and what to do instead How internal politics can affect data breach response, and what to do about it How to read between the lines of public statements and notifications (or lack thereof) What you need to know about breaches in retail and other specific industries -- and the limitations of standards such as PCI/DSS How to protect against and recover from ransomware How to assess products and services such as Commercial Off-The-Shelf Breach Response, cybersecurity insurance, and crisis management services What you can do right now to make breach response less traumatic An insider's guide offering a new, systematic, and practical framework for data breach response: finally, an accessible, comprehensive playbook for what to do when Built around in-depth and highly-specific case studies: what really happened at ChoicePoint, TJ Maxx, Heartland, Target, Anthem, Sony, Children's Hospital Boston, and more Identifies critical decision points in high-profile data breaches, and explores the risks and benefits of the choices that were made at the time Written by the hacker featured in the bestseller 'Breaking and Entering: The Extraordinary Story of a Hacker Called "Alien" How to protect your organization against massive data breaches, and mitigate the financial and reputational consequences if they happen An insider's guide offering a new, systematic, and practical framework for data breach response: finally, an accessible, comprehensive playbook for what to do when Built around in-depth and highly-specific case studies: what really happened at ChoicePoint, TJ Maxx, Heartland, Target, Anthem, Sony, Children's Hospital Boston, and more Identifies critical decision points in high-profile data breaches, and explores the risks and benefits of the choices that were made at the time
Information Is Beautiful
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Author : David McCandless
language : en
Publisher: HarperCollins UK
Release Date : 2009
Information Is Beautiful written by David McCandless and has been published by HarperCollins UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Art categories.
Miscellaneous facts and ideas are interconnected and represented in a visual format, a "visual miscellaneum," which represents "a series of experiments in making information approachable and beautiful" -- from p.007
The Cambridge Handbook Of Compliance
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Author : Benjamin van Rooij
language : en
Publisher: Cambridge University Press
Release Date : 2022-08-04
The Cambridge Handbook Of Compliance written by Benjamin van Rooij and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-04 with Law categories.
Compliance has become key to our contemporary markets, societies, and modes of governance across a variety of public and private domains. While this has stimulated a rich body of empirical and practical expertise on compliance, thus far, there has been no comprehensive understanding of what compliance is or how it influences various fields and sectors. The academic knowledge of compliance has remained siloed along different disciplinary domains, regulatory and legal spheres, and mechanisms and interventions. This handbook bridges these divides to provide the first one-stop overview of what compliance is, how we can best study it, and the core mechanisms that shape it. Written by leading experts, chapters offer perspectives from across law, regulatory studies, management science, criminology, economics, sociology, and psychology. This volume is the definitive and comprehensive account of compliance.
The Essentials Of Risk Management Second Edition
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Author : Michel Crouhy
language : en
Publisher: McGraw Hill Professional
Release Date : 2013-12-06
The Essentials Of Risk Management Second Edition written by Michel Crouhy and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-06 with Business & Economics categories.
The essential guide to quantifying risk vs. return has been updated to reveal the newest, most effective innovations in financial risk management Written for risk professionals and non-risk professionals alike, this easy-to-understand guide helps readers meet the increasingly insistent demand to make sophisticated assessments of their company’s risk exposure Provides the latest methods for measuring and transferring credit risk, increase risk-management transparency, and implement an organization-wide Enterprise risk Management (ERM) approach The authors are renowned figures in risk management: Crouhy heads research and development at NATIXIS; Galai is the Abe Gray Professor of Finance and Business Asdministration at Hebrew University; and Mark is the founding CEO of Black Diamond Risk
Cyber Risk For The Financial Sector A Framework For Quantitative Assessment
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Author : Antoine Bouveret
language : en
Publisher: International Monetary Fund
Release Date : 2018-06-22
Cyber Risk For The Financial Sector A Framework For Quantitative Assessment written by Antoine Bouveret and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-22 with Computers categories.
Cyber risk has emerged as a key threat to financial stability, following recent attacks on financial institutions. This paper presents a novel documentation of cyber risk around the world for financial institutions by analyzing the different types of cyber incidents (data breaches, fraud and business disruption) and identifying patterns using a variety of datasets. The other novel contribution that is outlined is a quantitative framework to assess cyber risk for the financial sector. The framework draws on a standard VaR type framework used to assess various types of stability risk and can be easily applied at the individual country level. The framework is applied in this paper to the available cross-country data and yields illustrative aggregated losses for the financial sector in the sample across a variety of scenarios ranging from 10 to 30 percent of net income.
Effective Model Based Systems Engineering
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Author : John M. Borky
language : en
Publisher: Springer
Release Date : 2018-09-08
Effective Model Based Systems Engineering written by John M. Borky and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-08 with Technology & Engineering categories.
This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques.