The Dark Side of Cyberspace: Data Breaches and the Price of Information

The Audit - Presented by IT Audit Labs

The Audit - Episode 22
Want to understand the dark underbelly of cyberspace? Join us as we take a deep dive into recent data breaches at T-Mobile, discussing why fewer customers were impacted this time around compared to the January API attack. Get insights on how negligence in security could lead to government oversight and understand the power consumers can wield by voting with their feet. Learn how the fines collected from such breaches could fund cybersecurity improvements in vulnerable entities such as school districts.
Curious about the consequences of data breaches? We shed light on the implications of the cover-up by Uber's former CSO, who narrowly escaped jail time, and the devastating impact of the Next Gen Healthcare breach affecting a million individuals. We also explore the rise of bug bounties as a popular tool among companies and stress the importance of credibility in the realm of ethical hacking.
Ever wondered about the value of your personal information to hackers? We break down how hackers can misuse social security numbers, addresses, and names, and discuss the increasingly specialized roles within a cyber attack. Discover the sinister world of data brokers, who split and resell your personal information, and the challenges of resetting social security numbers. We also delve into how medical records can be weaponized and highlight the need for cybersecurity audits to safeguard data.
Listen in, as we offer a compelling analysis of the attacker's viewpoint, the significance of logging activities, and why some attackers end up dwelling within systems for long periods. We also discuss the security maturity needed to protect a company from future breaches once they've been hit. If you're at all concerned about the safety of your personal data, you won't want to miss this deep dive into the murky world of data breaches and cybersecurity.

Kapitel

1. The Dark Side of Cyberspace: Data Breaches and the Price of Information (00:00:00)

2. T-Mobile Data Breach and Cybersecurity Oversight (00:00:02)

3. Bug Bounties and Breach Cover-Up (00:13:16)

4. Value and Risks of Personal Data (00:26:44)

5. Protecting Against Data Breaches (00:33:39)