AICPA Data Theft Prevention With Simple, Common Security Practices

AICPA Data Theft Prevention With Simple, Common Security Practices

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Cordeiro 1 Samuel A. Cordeiro Professor Michael Griffin Act 355 2 December 2009 Data Theft Prevention With Simple, Common Security Practices As the age use of information technology and digital data continues to become a standard in modern business practices, the threat of customer privacy also grows in exponential numbers. The scare and fear of identity theft becomes a topic mentioned in every street corner. With electronic commerce and online banking becoming ever so popular to customers due to convenience, so does the risk of stolen credit card numbers, bank account numbers and social security numbers. It is true that many try to avoid privacy threats by not using electronic commerce or online banking, however, a threat that most individuals at times forget comes from within an organization or by data theft within an organization. Ross Kerber, writer for the Boston Globe once quoted in his recent article that "Verizon Communications Inc. analyzed more than 500 data breaches since 2004 and found 87 percent could have been prevented with commonplace security practices." (qtd. in "Most data theft tied to basic security flaws") As business places continue to develop identity theft software and other information technologies, if simple common security practices are not upheld, data theft will continue ever so strongly. In 2008 the Federal Trade Commission recorded an increase of 16.5% of reported consumer data theft complaints since 2007 and an increase of 37.5% since 2009 ("Consumer Sentinel Network Data Book"). It is difficult to ignore the statistic that data is growing in huge numbers. As information technology and the ease of accessing consumer data grows, something
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

AICPA Data Theft Prevention With Simple, Common Security Practices

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online