Just When You Thought it Was Safe . . .
Robert Regis Hyle | September 08, 2014
When my mother died, my siblings assigned me the task of sorting through thousands of old photographs and distributing anything of real sentimental value. It was a classic data dump and, seven years later, I’m still going through them all.
My brother-in-law worked for years for a record distributor and has thousands of vinyl discs stored in his house that he rarely, if ever, plays on what used to be known as a turntable.
Both these issues have been solved in the 21st century thanks to the cloud. I guess.
A certain Oscar-winning actress might disagree with that statement because photographs, and, to a much lesser extent, music are not as safe in the cloud as we once thought.
Of course, this is the public cloud. Companies have been avoiding that area from the start in favor of private cloud offerings and while the private cloud is much safer for business data, no one is foolish enough to believe anything is truly safe these days.
The Target story of late 2013 is history, replaced by the Home Depot story of the summer of 2014. There will be another story involving a major retailer in 2015 and yet another in 2016. Who it will be doesn’t really matter. The only certainty is there will be a story about a data breach and the account information for millions of shoppers will be endangered.
We live in a world that values convenience. Everything is easier to do today than it was 20 years ago, with one exception. That exception is security. We say we value security and we demand it of the companies we do business with. We laugh about the troglodytes that choose to live their lives like those who lived in the 1950s when “credit” might be offered by the local bank to a business or homeowner, but not to everyone who had a job.
We can’t and certainly shouldn’t go back to those days, but one has to wonder how simple life would be if we didn’t have to worry that our personal and private information wasn’t at risk from the people we do business with.
Are there lessons to learn from the cloud and security breaches of the past few weeks? Keep your clothes on when taking photographs is an easy lesson, but unless you want to carry pockets full of cash every time you go shopping—itself a pretty big security issue—try to limit the amount of information you share with retailers and the number of credit cards you own.
Insurers are keeping a constant eye on their security issues, because there is no guarantee they are safe from attacks. The only guarantee is someone will be attacked yet again and the attack is likely already in progress.
- The Rapid Evolution of Consumer Protection Regulation
- Talent Hunt: Finding, Attracting, Retaining Top People
- Insurers Flexing Their Distribution Models
- Technology Driving Disruption in Insurance
- Fear of ‘Next Bubble’ Challenges Life, Annuity Carriers
- Technology Allows Commercial Lines Insurers to Stand Out
- Single Sign-on Viewed as Biggest Tech Challenge for Agencies
- ISCS Observes 20th Anniversary; Scurto Predicts Major Changes Ahead
- Policyholders and Their First Impressions
- Progressive Making Progress on the UBI Front
- High and Dry: Insurers Search for Disaster Recovery Plans
- Insurers Sign The (Un)Dotted Line
- Reflections of a Retired Insurance CIO
- Mobile Device Management Just One Answer to BYOD Issue
- Lessons from GEICO and Progressive on Winning the Critical Buying Stage
- You Are a Target for a Cyber Attack
- Web-based Systems are the Next Evolution in Claims Technology
- Gaining a “Wow” Experience from Web Users
- Time to Shift from Business/IT Alignment to Business/IT Alliance
- Healthcare Insurers Changing to Consumer Model
- Organization is the Key for Selecting Software Vendors
- Analysts Expound on the Needs of the Mid-tier Insurance Market
- Finding the Cure for Obamacare’s Website
- New Software Solutions Benefit Insurers on the Inside and Outside
- Products, Market Impede Investment in Systems for Life Insurers
- Combatting Cyber Threats: Predict, Prevent, Persist
- The Future of Telematics Heads Beyond Insurance
- The Shame in Cyber Security Lapses
- Building Policy Administration Systems for the Future
- Insurers Look Into The Eyes of Their Policyholders
- It’s a New Dawn for the ITA
INSURANCE IT NEWS
- Few Surprises in Cybersecurity for Insurers
- Few Surprises in Cybersecurity for Insurers
- ITA Pro Weekly, January 20, 2016
- Verisk Releases Cyber Exposure Data Standard for Insurance
- British Insurer Selects Guidewire Core Systems
- Nationwide Private Client Expands into New States with ISCS Solution
- Majesco, Appulate Announce Strategic Partnership
- Boston Mutual Partners with Onyx Data Solutions
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