Experian PLC recently published 12 tips for consumers and businesses to protect Internet-connected devices. It advised consumers to make sure that the products and services are from “reputable companies” with clear data-usage and privacy policies and to be aware that their data may be shared with third parties. For businesses, Experian suggested companies to use multi-factor authentication, increase information sharing, apply robust cybersecurity policies and treat “any collected data as highly sensitive information.”
Even with robust cybersecurity policies, however, other challenges remain. According to a study by Ponemon Institute, which was sponsored by Experian, more than half of surveyed companies experienced data breaches caused by a “malicious or negligent employee.” The survey also found that 60 percent of companies believe that their employees aren’t knowledgeable about the company’s security risks.
Last October, T-Mobile USA announced that personal data of about 15 million consumers were compromised when attackers gained access to a database operated by Experian PLC. It seems like Experian has recovered from the data breach, and is now once again ready to provide cybersecurity tips.
To keep up with the constantly evolving world of privacy and security sign up for the Bloomberg BNA Privacy and Security Update.
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