Beneath the never-ending headlines about data breaches today is the simple fact that companies are collecting, curating and hoarding ever larger and richer archives of intimate information about their customers.
Log files and transaction records that once would have been deleted the moment they were no longer needed are now being retained indefinitely. The default stance at many companies is to archive absolutely everything about their customers in the off chance that it becomes valuable someday in the distant future. Unfortunately, this data hoarding mentality is creating a new era of cyber risks to businesses.
Author: Kalev Leetaru