A personal information leak can occur in many ways. Cyber criminals are actively seeking out this type of information. A personal information leak can reveal vulnerabilities in hardware, software, and business processes, enabling them to further their own malicious activities. A data leak is also a low-effort, high-return opportunity that cannot be missed. This article explores the dangers of personal information leakage and the remedies available for breach notification. Further, it looks at the importance of notifying affected individuals of a breach and securing sensitive data.
IoT devices can leak personal information
In many cases, IoT devices can leak personal information. For example, in some cases, attackers can access a targeted device’s data and use it to send out unwanted emails. This attack works by analyzing sensor data and inferring the keystroke a person enters into the device. It can also affect other devices nearby. If you’re worried that your IoT device is giving away your personal information, read on for some tips that will help you protect yourself.
Most IoT devices are not encrypted, which means that third parties can steal your information. Unsecure network connections also give third parties the ability to control your device. This makes smart toys vulnerable to attack from a distance. Hikvision Wi-Fi IP Camera and Cacagoo IP Camera are both vulnerable to this type of attack. Unauthorized users can manipulate settings on these devices and even disable them. The danger is that an attacker could use these smart toys to spy on you.
Cyber criminals look for personally identifiable information
The sale of personally identifiable information (PII) is a growing business and underground stores on the dark web pop up every week. Stolen PII includes names, birthdates, Social Security numbers, credit card numbers, banking information, voter records, and more. Once stolen, this information can be used to steal identity and obtain benefits. Theft of email accounts is another way PII can be misused. The information could be used to open bank accounts or apply for loans in the victim’s name.
PII can be non-sensitive or sensitive, and can be gathered from public records and passed on in plain text. Increasingly popular websites and software rely on PII to operate, and the risk of exposure to cyberattacks is higher. Once stolen, PII can be sold on the black market or used for identity theft and fraud. It’s also difficult to keep track of all the PII you give out over the phone.
Identity theft is a damaging effect of personal information leakage
While there are many reasons to keep your personal information confidential, the most common is identity theft. The impact of identity theft can be devastating and may have lasting negative consequences. If you suspect that your identity has been stolen, contact your bank, credit card company, health insurance provider, or IRS. You should also ask them to close your account so that fraudulent charges cannot occur. Contact the Federal Trade Commission and one of the three major credit bureaus for assistance.
It is possible for identity thieves to obtain your social security number and password through breaches at social media sites and health care agencies. These details can be sold on the Dark Web by criminals. An automated IRS service was breached, making it easier for someone to create a false identity. Similarly, a security breach at the Office of Personnel Management exposed personal information of 21.5 million Americans and 4.2 million federal employees.
Remedies available for breach notification
Generally, a breach of personal information requires a business to notify the individual whose information was compromised. This information may include a social security number, name, and one or more data elements, such as a credit card number or debit card number, and a required security code. If you are an individual who has personal information exposed, the law requires that you notify the affected consumer within 45 days of discovering the breach. If you do not receive this notification, you may be subject to a civil penalty of up to $12,500, or up to $250,000 for each breach.
Under California law, a breach notification must be provided to affected individuals within 60 days of discovery. A breach notification must include a description of the breach, including the types of personal information involved, the extent of the damage to affected individuals, and the steps that affected individuals should take to protect themselves. In some cases, the breached entity may also delay the notification for law enforcement purposes. However, this requirement is generally not applicable if the breach was not a deliberate act.
Impact on company projects
In addition to direct financial costs, the impact of personal information leakage on company projects can have negative consequences for the reputation of the company. In some cases, companies are exposed to personal information that will devalue their products and sabotage years of research. The bigger the company, the more information is likely to be exposed. The damage to the company’s reputation is significant, and can affect sales and customer retention.