What are some notable case studies of data breach fallout?

What are some notable case studies of data breach fallout?

Some notable case studies include the Equifax breach in 2017, which affected 147 million people, and the Target breach in 2013, impacting 40 million credit and debit card accounts.

What were the consequences of the Equifax breach?

The Equifax breach led to significant financial losses, legal actions, and a loss of consumer trust, resulting in a $700 million settlement.

How did Target handle their data breach?

Target responded by offering free credit monitoring, enhancing their security measures, and publicly addressing the incident to regain customer trust.

What can companies do to prevent data breaches?

Companies can implement strong security protocols, conduct regular audits, train employees on cybersecurity, and use encryption to protect sensitive data.

Are there any recent data breaches I should be aware of?

Yes, recent breaches include the Facebook leak in 2021, where data from over 530 million accounts was exposed.