A silver lining is emerging behind the rash of breaches that occur all too regularly. The fact that these breaches make the public more aware of the vulnerabilities is encouraging in efforts to make the Internet safer for all.
Personalized medicine research, which relies on genetic information paired with electronic health records, could pave the way for many treatment breakthroughs. But because of the sensitive nature of the information involved, pioneers in this field must take extra privacy and security precautions.
Bankers aren't waiting for the FFIEC to act on the release of its updated online authentication. Instead, they've already begun to comply with the major points recommended in the draft. And the death of Osama bin Laden has heightened concerns terrorists' efforts to launder money through legitimate banking channels.
Among the many subjects the Privacy and Security Tiger Team will tackle in the weeks ahead is determining whether more guidelines are needed on the issues of accommodating corrections to electronic health records and ensuring data integrity.
An incident recently added to the official federal list of major health information breaches offers a reminder that dental practices, as well as medical practices, must adequately protect patient records.
Wire fraud incidents from China prove current security measures, including multifactor authentication, are too easy to bypass. And security pundits say it all points back to why the financial industry needs more guidance about adequate online security.
"Our security teams were working very hard to defend against denial of service attacks, and that may have made it more difficult to detect the intrusion quickly, all perhaps by design," Sony Computer Entertainment America Chairman Kazuo Hirai said in a letter to Congress.