Essay Examples on Lancaster and Morecombe College

Security professionals are failing to take their Responsibility

Security professionals are failing to take their responsibility for protecting people and the community perfectly This has culminated in a lot of losses being incurred A number of companies are still experiencing a lot of challenges in data protection in digital format and also defining the elements that constitute sensitive data in addition to specific place where the data should be kept Jr 2018 A case in point is the Citibank incident in 2005 where backup tapes containing personal financial information of more than 3 9 million customers disappeared during shipment from its Weehawken NY facility As a result it is worth noting that companies should be watchful of their data the way they protect their machinery and equipment Depending on the nature of business carried out by an organization it should mandate protection of sensitive data including customer information credit card numbers patient information and personally identifiable information in addition to intellectual property The disappearance of the tape containing customers personal information experienced by Citibank was a preventable incident because it happened as a result of negligence According to Raymond and Rey 2014 the information contained includes Social Security numbers in addition to transaction histories on both the active and closed accounts at the lending branches of the bank in the US It took about 18 days before United Parcel Service learned about the missing tape The United Parcel Service could not realize the missing tape immediately because Citibank did not abide by their special security procedures required of the courier 

2 pages | 492 words