Blog - Slava Gomzin Slava Gomzin Author of books Crypto Basics, Bitcoin for Nonmathematicians, Hacking Point of Sale Blog Crypto Basics Bitcoin for Nonmathematicians Hacking Point of Sale Publications Contact About The Risk of Keeping Unneeded Data 4/15/2016 0 Comments Interesting article about the risk of keeping unneeded data. ​Companies and governments are still punch-drunk on data, and have believed the wildest of promises on how valuable that data is. The research showing that more data isn't necessarily better. Many organizations are still downplaying the risks. Some simply don't realize just how damaging a data breach would be. Some believe they can completely protect themselves against a data breach, or at least that their legal and public relations teams can minimize the damage if they fail. And while there's certainly a lot that companies can do technically to better secure the data they hold about all of us, there's no better security than deleting the data. Some organizations understand both the first two reasons and are saving the data anyway. The culture of venture-capital-funded start-up companies is one of extreme risk taking. These are companies that are always running out of money, that always know their impending death date. They are so far from profitability that their only hope for surviving is to get even more money, which means they need to demonstrate rapid growth or increasing value. This motivates those companies to take risks that larger, more established, companies would never take. They might take extreme chances with our data, even flout regulations, because they literally have nothing to lose. And often, the most profitable business models are the most risky and dangerous ones. 0 Comments Leave a Reply. Amazon Author Page Enter your email address: Delivered by FeedBurner RSS Feed Books Crypto Basics Bitcoin for Nonmathematicians: Exploring the Foundations of Crypto Payments Hacking Point of Sale: Payment Application Secrets, Threats, and Solutions Recent Posts Categories All 2 Factor Authentication Apple Iphone Application Security Bitcoin Bitcoin Breaches Card Data Breaches Communications Security Data Security Encryption Hacking Point Of Sale Healthcare Breaches Internet Security Litecoin Misc Mobile Payments Mobile Security Payment Applications Pci Pci Isa Point To Point Encryption Privacy Target Breach Archives September 2022 August 2022 July 2022 June 2022 May 2022 October 2021 July 2021 June 2021 September 2020 January 2020 September 2019 February 2019 August 2018 July 2018 June 2018 May 2018 April 2018 November 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 January 2017 December 2016 November 2016 May 2016 April 2016 March 2016 February 2016 December 2015 August 2015 June 2015 May 2015 April 2015 March 2015 February 2015 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 January 2012 December 2011 October 2011 September 2011 July 2011 June 2011 Copyright © 2011-2022 Slava Gomzin Powered by Create your own unique website with customizable templates. Get Started