MC Limitations of the equifax data breach?

User Generated

Uveny0393

Business Finance

Monroe College

Description

hello this is part of my work from the group project our topic for the group project is equifx data breach in 2017 so i have to make documnet on limitations of equifax data breach.. 

Explanation & Answer:
3 pages
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Attached.

Running head: EQUIFAX: SYSTEM LIMITATIONS THAT LED TO SYSTEM HACK 1

Equifax: System Limitations that Led to System Hack
Author’s Name
Institutional Affiliation

EQUIFAX: SYSTEM LIMITATIONS THAT LED TO SYSTEM HACK

2

Equifax: System Limitations that Led to System Hack

The Equifax data breach affected millions of Americans when the company fell prey
to a hacking scam. In what later turned out to be the largest hacking payment breach in recent
history, this breach exposed the limitations and vulnerabilities of how data is stored and
secured in contemporary systems. It exposed the company’s internal limitations as the
company’s database security failed to identify the breach, that cost Americans billions of
monies. Additionally, it also culminated in a more heated debate on the privacy of personal
identification information – the company held billions of dollars’ worth of personal
information as it exposed credit card information and possibly exposed hordes of Americans
to online money laundering scams.
Network and system breaches are a common occurrence in the current global scene
with private and personal data targeted by hackers for personal unethical gain. Generally,
data storage for service providers is inevitable as the economic trends move toward
consumerism with clients entrusting their service provi...


Anonymous
Very useful material for studying!

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