Data Breach Essay

Data breach

In order to avoid been left behind by the era, the world is seems to digitalized everything to push the information technology industry towards a higher level. Nowadays, almost every service can be done through online as it time saving, helps in reduce human error, convenient and more. Due to this, it make a significant different between digitalized and non-digitalized work. Services that remain the operation in “old fashion” style tend to be less competitive and will eliminated from history from time to time.
In fact, digitalized do make the world better; however, it also comes together with a serious issue, data breach. In short, data breaching refer to leaking of personal information or any other sensitive information to the third party. Hacker that associated with organized crime or careless disposal of the used computer equipment may be the cause of such incident.
Data breach happen daily. The victim including companies, insurers and users or bank account holder. According to the record, data breach in financial institution is no longer new to the world and some institution that involved in the most significant of data breaching case in 21 century are the one we familiar with or even using their service.

CIMB

The information that stored inside the tape including the customer bank information and their subsidiaries. According to bank, an assessment has carry out immediately to recover the tape and does not have evidence that show the data have been compromise. Besides, all of the bank account holder also contacted by CIMB to update their password and pay attention on the account to avoid any unclear transaction. CIMB also suspending some suspicious transaction just to reduce the losses that may cause to