About 15 million United States residents have their identities and information used fraudulently each year. Along the use of their identities, they also had a combined financial loss totaling up to almost $50 billion. Major companies such as Apple, Verizon, Target, Sony, and many more have been victims of consumer information hacking. In each of the cases, millions of consumers’ personal information has been breached. In the article “Home Depot 's 56 Million Card Breach Bigger Than Target 's” on September 18, 2014, 56 million cards were breached due to cyber attackers. Before the Home Depot attack, Target had 40 million cards breached. Company’s information is constantly being breached and the consumers’ are the ones who end up having to pay the price. If a company cannot protect the information it takes, then it should not collect the information.
The issue of privacy breaching relates to the legal environment of business because every company and business holds information about its employees, customers, suppliers and other stakeholders. On top of all the information they store on other people, most companies have all their own business information kept on computers and files as well. If there were to be a breach in a company then all of the information they had stored in their systems could be stolen and sold to others. There would be major identity theft, social security fraud and even financial losses. Security breaches have become a significant risk for most businesses today. Security breaches can disrupt business operations, damage brand reputation and customer relationships, and attract government investigations and class action lawsuits.
The current issues at hand are that companies do not do enough to protect its consum...
... middle of paper ...
...ntity. The FTC is requiring the company to send in annual filing to the FTC and to pay $200,000 as part of the settlement.
People value their privacy just as much as they value almost anything else. If people feel that their information is at risk, they want to know that there will be actions taken to make sure they receive compensation. The FTC has made sure that if companies promise they will protect your information, then they will do so, but that is still not enough. The FTC tackles privacy issues on a business level, but we need more privacy protection on a consumer level. Like the Uniform Commercial Code, we need a uniform set of rules that business must follow in order to ensure protection for consumers in a business-oriented world. We need federal privacy protection so that way everyone in the United States has the same online privacy rights and protections.
Issa utilizes statistics to suggest ideas. He says, “The Office of Personnel Management’s security breach resulted in the theft of 22 million Americans’ information, including fingerprints, Social Security numbers, addresses, employment history, and financial records” (Issa). Issa also adds that, “The Internal Revenue Service’s hack left as many as 334,000 taxpayers accounts compromised‑though just this week, the IRS revised that number to o...
...ompanies’ databases without our awareness—much less our approval—the more deeply the Net is woven into our lives the more exposed we become. In order to stop online tracking, we have to take personal responsibility for the information we share and modify our privacy settings. We have to get bills and regulations passed by congress so laws can be made to limit corporations from tracking and sharing our personal formation and discipline and take action upon any corporation that does not abide by the rules.
Price and Sorrells shows that companies are taking too much advantage from the customer, the government, even though their trying, needs to start helping the people protect their privacy, and a balance between the amount of trust people should have giving out their sensitive records to which information is protected. A concern that is happening that the government and corporations is that personal information is not secured well enough. Price states how over 100 million sensitive records were hacked or lost in a year and the percent of increase in data breaches is 650 more than last year. Her description of how unreliable the government is with personal information by using logical and well researched information to put no faith and fear in the reader.
Introduction The credit-reporting bureau Equifax disclosed one the largest data breach in modern history, reporting that private information and social security numbers 143 million consumers. Initially the breach happened in May through July and was not discovered until July 29, no evidence of unauthorized access to databases (John). Analyzing key issues what went wrong with the leader, what went wrong on the end of the security part of the I.T. department, and highlighting some ways the consumers can be proactive in protecting their private information. Highlights of the Issues
During the 2013 holiday season, Target was involved in a major credit card hacking scheme which affected millions of consumers. There were approximately 70 million customers that had their debit and credit cards compromised. The company announced that hackers somehow manipulated the payment system and stole debit and credit card data. The hackers were able to retrieve consumer names, card numbers, expiration dates, and the three digit security code on the back of the cards (Kassner, 2014). While the breach may not have given hackers access to customers personal banking and credit card accounts, it created a great risk for identity theft and the possibility for the hackers to use the information and create accounts in the consumer’s name.
The Serious Societal Concern of Data Breaching: Which Current laws address this issue and and Areas of Improvement and Concern Summary of Event and Data Breaching Amongst almost millions of others, I was one of the T-Mobile customers whose account had customer data stolen from it in 2014. My personal data including my birthday, home address, driver license number, and full name was amongst important information stolen. I was at that time, grateful that at least my credit card information was not retrieved by these hackers. What occurred was that T-Mobile, a mobile service provider, sends its customer’s data to Experian, who is responsible for checking each customer’s credit score, using this personal data to check if that client is a good
At the beginning, the causes of the problem can be classified into three aspects: transferring personal data to others without consumers’ consent, lacking awareness on the protection of privacy and leaking the personal data unintentionally. The leakage of the personal data can be in the form of keeping and transmitting personal data insecurely and then stealing by crackers. There is no controversy on this cause- it is apparently a crime, hence, not discussed in this essay. One common torment of companies is that they are not renowned. Consumer personal information includi...
Previously it took a lot of equipment to monitor a person's actions, but now with technology's development and advancement all it requires is a computer. And there are many mediums which can be monitored such as telephones, email, voice mail, and computers.4 People's rights are protected by many laws, but in private businesses there are few laws protecting an individual's rights. 5 As an employee of a company there is an understanding of the amount of monitoring the employer does. The employer has to decide how much monitoring is necessary to satisfy the company needs without damaging the company's employee morale.6 With all the monitoring done by private businesses they are free to violate employee privacy since the Constitution and the Bill of Rights a...
Sony had been the target of online digital hacking since 2011. Suspicious activity first appeared in their PlayStation Network which consisted of over 77 million users and 130 servers across the globe. It was reported that personal information such as birth dates, addresses, and credit card numbers from the users have been transferred to outside computers and Sony had lost all control over the customer databases. In a single attack, the Sony data breach reached over 100 million customers resulting in the world’s largest data breach. The breach was the result of a “revenge hacking” where the internet was used to punish organizations for their public behaviour. However, the credit card information that was stolen was never used.
A study done by Open Xchange, a software company, and their CEO Rafael Laguna ask adults from three different countries questions about their privacy. One of these countries was the United States of America. When these American adults were asked the question “which cases do you believe companies like Facebook, Twitter and Google have the right to share your data,” 61 percent of the adults responded with companies never have the right to share data with the world (Laguna, 2016). 53 percent of adults would never work with a social media site if it had a privacy scandal, and 62 percent would not work with an online shopping site if there was a privacy scandal with that site (Laguna, 2016). This evidence shows that people care enough about their privacy that they do not want technology companies to leak privacy and that it is their responsibility to keep the privacy of their users intact.
...onal privacy dead?” brings up many other questions along with it. But there is no doubt that the government is doing all of what they are doing for safety reasons. They claim to want to make the United States as safe as possible, and this has proved to ring true in many situations. But now the inevitable new question becomes: How far is too far? Is safety more important than privacy? To know these answers, one must ask themselves and know their own opinion on the situation. But whatever their answers may be, and despite the multiple other questions that are brought up along with the topic of personal privacy, there is still one thing that is known for sure: personal privacy is dead. And unless the use of technology becomes less critical to the United States, personal privacy will always be dead. The bigger the role technology has; the less personal privacy there is.
Chapter five in Privacy Lost starts the third part of the book. It focuses on the protection of privacy through the lens of legal structure. In this chapter Holtzman argues that laws can’t keep up with technology advances. Before starting to discuss the connection between privacy and law, Holtzman perfectly states that the word “privacy” hasn’t been used in the U.S. Constitution. “Absent adequate legal protection” presents problems in court when citizens claim the right to be protected (94).
If people feel comfortable in their surroundings then privacy is not a concern. At other times, people feel violated when they are subject to random searches; this random factor is what other people consider wrong. People feel intruded on when they see a roadblock ahead or a request to see their driver’s license when writing checks. Others are interrupted at dinner by the phone ringing from telemarketers. This selling of information is what the Europeans call data protection. If the data is not kept private, things such as credit card numbers could be stolen over the phone.
Privacy is the ability to maintain what or who can access and see your personal content and information. With that, the idea of privacy is different amongst different cultures and countries, while they all differ, they share common characteristics. The act of sharing ones own personal information is decision one must make on their own. Privacy is a right that all people should have and the government has the responsibility of maintaining that right. Data such as personal emails, bank details, medical records, and passwords need to remain safe and secure to ensure privacy is not invaded.
The transfer and preservation of Information is a major part of the digital age. People try to control their flow of information and the amount of information websites,organisations and even the government has on them. And even with the various ways of protecting information, there are still issues of privacy, freedom of information and the conflict between the public and private domains on who really owns or governs these information.