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Data Breaches And Knowledge-Based Authentication

Jeff Mlakar summarizes Troy Hunt’s recent congressional testimony:

Lastly, there is a lack of accountability for the breaches. If you collect data about others you are responsible for it. Yet all too often organizations discover years later they suffered a massive data breach and then proclaim to the press that they were hacked by evil doers and caught unprepared.

Then they progress through the stages of data breach grief:

  1. OMG I just read the news and found out we’ve been hacked

  2. Turns out it was 4 years ago

  3. Blame evil hackers while proclaiming innocence as a naive victim

  4. The media turns up the heat – time to blame some systems administrator

  5. Offer your customers credit monitoring

  6. Acceptance

  7. Wait until the next hack then GOTO step #1

It will be interesting to see what (if anything) comes out of this.