Despite highly publicized data breaches, most companies are not taking the necessary actions to prevent them.
Over the last few years, companies around the world have experienced cyberattacks in which personally identifiable information (PII) of consumers was stolen. Even though the Yahoo data breach took place in 2013, it was only recently reported that 3 billion accounts were affected, which is more than three times as many accounts as initially reported.
This year, Equifax experienced a significant breach as well. What isn’t well known is that the breach could have been avoided by a patch in the software program Apache Struts, which is used by consumers to dispute information in Equifax’s credit reports.
