Sunday, March 28, 2010

Personal Data on 3.3 Million Student-Loan Borrowers Is Reported Stolen !

The headline reads:

"Personal Data on 3.3 Million Student-Loan Borrowers Is Reported Stolen

"ECMC Group Inc., a student-loan guarantee agency in Minnesota, acknowledged on Friday a data breach in which the personal information of 3.3 million borrowers, including their Social Security numbers, was compromised."

Wow! Who's gonna have to pay for this?

These 3.3 million students are so screwed but I'll bet no one is going to do anything to the idiots who violated SEC rules and ran an unsecured data system with critically valuable information.

The usual routine is followed here.
"We are sorry."
"Security is our number one concern."
"We are giving affected students ID theft monitoring insurance."
"Blah, blah, bah."

Can you imagine what will happen with electronic medical records! The same incompetent and careless fools will now have all your medical information on digital servers!

God help us all!



At 2:00 PM, Blogger Janice Gaines said...

In David Scott’s words, everyone needs to be a mini-Security Officer in the modern organization today. I think Mr. Scott is right: Most individuals and organizations enjoy Security largely as a matter of luck. Anyone else here reading I.T. WARS? I had to read parts of this book as part of my employee orientation at a new job. The book talks about a whole new culture as being necessary – an eCulture – for a true understanding of security, being that most identity/data breaches are due to simple human errors. It has great chapters on security, as well as risk, content management, project management, acceptable use, various plans and policies, and so on. Just Google IT WARS – check out a couple links down and read the interview with the author David Scott at Boston’s Business Forum. (Full title is I.T. WARS: Managing the Business-Technology Weave in the New Millennium).


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