As yet another barrage of data leakages made news headlines recently – this time publicly exposing FNB and Gautrain customers’ personal details – organisations need to consider whether these security incidents are as a result of data hoarding issues or due to operational oversight, especially as the new POPI legislation and its strict guidelines loom.
Recent security breaches raise the alarm again while new POPI legislation looms
A balance has to be achieved between the availability and security principles within an organisation.
One of the core reasons for the increase in large-scale security incidents is as a result of the phenomenon of “big data”. For the past decade companies have been
processing and analysing more and more data.
A huge concern is that there is a very fine line between big data with effective, excellent intelligence tools to mine the data versus the issue of ‘data hoarding’ with no purpose.
We need to ask the question: When do businesses and government begin to collect masses of data without clear, specific objectives, and with no strategy regarding the security consequences of this information?
Unfortunately, organised crime has also grasped the value of big data as they continue to target companies and governments with big repositories of personal data on a more regular basis.