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If data is stolen, sites would have to notify regulators within 24 hours.
Criminal prosecutions are costly and tricky, especially when the data is stolen, and may have netted even less.
If that data is stolen, the bank simply cancels the transformed biometric and issues a new transformation.
When companies are hacked and their data is stolen, that data often appears for sale on the so-called darknet.
They can ensure that sensitive data is protected before it is stored in the cloud, so that even if a cloud-service provider is hacked and the data is stolen, the intruders won't be able to understand it.
"Certainly the retailers have to tighten up their systems, but the banks have to strengthen cardholder authentication so even if the data is stolen, it's useless". Security breaches are difficult to quantify accurately.
Similar(38)
Q: What data was stolen?
"It's that all our data was stolen".
Tapes that may contain customer data were stolen from Swisscom.
"It's that all our data was stolen". Mann was incredulous.
Several of them were exited long before the data was stolen.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com