Articles

The Harmful Side of Big Data: Identity Theft

According to a recent report published by the Identity Theft Resource Center, more than 368 big data breaches have been reported in the first half of 2014. 

Unlike individual instances of identity theft, the threat from big data breaches is massive because one heist can instantly put the identities and data security of millions of users under threat. From the perspective of a cyber-criminal, big data presents a huge opportunity to get access to millions of records with lesser effort. Given the finite number of technologies available to handle big data, criminals can “rinse-and-repeat” the same technique to exploit loopholes in the infrastructure of multiple organizations that handle data with similar technologies; thereby multiplying the returns on their criminal activity.

Source: smartdatacollective.com
Author: Anand Srinivasan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s