Reality…no company can prevent a breach

Reality…no company can prevent a breach!  Earlier this month I was a guest speaker at the 2021 Nebraska Credit Union League Annual Meeting & Convention. One of my talking points was about the reality of data breaches and how the final story for most data breach events rarely reflects the initial news report. Initial reports speak of what is currently known about the breach.  But those reports never cover the long-term impact of affected individuals and small businesses. In case you missed it, some of the notable data breaches so far in 2021 include CNA, Experian, Facebook, GEICO, Instagram, LinkedIn, Microsoft, Tesla, and Microsoft. The irony to these data breaches is that these businesses pride themselves on safeguarding PII (Personally Identifiable Information). An additional irony is that these businesses have more financial and information technology resources than most other businesses, and yet they still cannot prevent a data breach event from happening. […]