Data Security

  Data Controller Notification Requirements (UK vs US): In the UK, data controllers must notify their data subjects of data security breaches that pose a high risk to individuals' rights and freedoms, according to the General Data Protection Regulation (GDPR). Notification should occur "without undue delay" and, where feasible, within 72 hours of the breach being discovered. In the US, there is no single federal law mandating data breach notification. Instead, notification requirements vary by state, with different laws governing when and how individuals must be notified of breaches.   The Largest Data Breach of the 21st Century: The largest data breach occurred with Yahoo in August 2013, which was discovered and publicly disclosed in December 2016. Data breach details include: Number of Records Stolen : 3 billion user accounts Type of Data Exposed : Usernames, email addresses, hashed passwords, and security questions and answers Method of Atta...

  what is a data breach? A data breach is an incident where sensitive, confidential, or protected information is accessed or disclosed without authorization. This often happen due to cyberattacks, insider threats, or even accidental exposure leading to potential identity theft or other fraudulent activities.  Data breach can include personal details like names, addresses, Social Security numbers, financial information, and even medical records. The consequences can be severe, leading to identity theft, financial loss, and damage to an organization's reputation. Consequences of a data breach: Company: Financial Loss : Companies may face hefty fines, legal fees, and compensation costs. They might also lose revenue due to disrupted operations. Reputation Damage : Trust is hard to earn and easy to lose. A breach can severely damage a company’s reputation, leading to loss of customers and business partners. Operational Disruption : Recovering from a breach can disrupt...