Data Breaches and Identity Theft: Research and Analysis Report

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Added on  2022/08/20

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This report delves into the critical issues of data breaches and identity theft, which are increasingly prevalent in the digital age due to technological advancements and sophisticated hacking techniques. The study explores the educational significance of these threats, emphasizing their impact on data security and the concerns they raise for organizations and individuals. A literature review highlights the rising incidence of malware and vulnerabilities, with references to key studies that examine the costs and causes of cyber incidents. The report identifies deficiencies in current research, particularly the lack of comprehensive solutions to completely curb data breaches. It underscores the significance of the research by pointing out the multifaceted ways organizations suffer from data breaches, aiming to fill gaps in understanding the causes, impacts, and effective mitigation strategies. The study provides valuable information for organizations to better understand and address the challenges posed by data breaches and identity theft, offering insights to enhance data security and protect against cyber threats.
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Running Head: DATA BREACHES AND IDENTITY THEFT
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Data Breaches and Identity Theft
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DATA BREACHES AND IDENTITY THEFT
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Data Breaches and Identity Theft
Topic
Data breaches and identity theft are some of the malicious acts that take place in the
web area. The problems have recently been on the rise as a result of the increased
advancement of technology. Besides, hacking activities have also become very diverse hence
increase in cyber insecurity. In the past, I have been a victim of data breach and data identity.
In addition, I realized that so many people and organizations have been victims of the same.
Educational issue
Advancements in the technology have introduced security threats such as data
breaches, cyber-attacks and identity theft which have been topics of discussion since there are
headlines every day all over on these issues especially in the information technology sector
(Chou, 2017). These cases of identity theft and data breaching threaten the safe usage of data
among many on the internet, this has led to serious concerns in different firms.
Evidence of the Issue/ Literature Review
According to Aldossary & Allen (2016), there are always headlines on data breaches
in various organizations which put the organization operations, customers and partners at risk
always. There also have been a high rise for malware; malware can be termed as any harmful
or malicious software. This acts as a gateway by hackers to access information. Research is
carried out since due to the vulnerabilities, breaches and software bugs. (Romanosky, 2016)
claimed from his study that most of the software designers stocks lower a lot when their
software systems are exposed to vulnerabilities. He also came up with a solution that firms in
this sector should introduce incentives to lower their losses by increasing investments to offer
security to their systems. There also have been studies on the effects and the causes of data
breaches, cyber-attacks, and identity theft and how the different breach disclosure laws have
curbed them.
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DATA BREACHES AND IDENTITY THEFT
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Deficiencies in the Evidence
In general, previous studies and literature focused on the analysis of vulnerable
disclosures, but the current studies are focusing mainly on investigating the solution to
security breaches which is very rampant at the moment and has serious consequences.
However, no research up to date has come up with a solution to curb the data breaches
completely. Therefore there are a lot of gaps that have not been filled in past studies on the
causes, impacts and the mitigation of data breaches and identity theft in general.
Significance of the Research
Organizations suffer in a lot of ways when they become victims of data breach
(Artiningsih, 2017). This study is therefore aimed at filling some of this gaps that have not
been addressed by previous studies more so on the significance, impacts, and causes of data
breaches and identity theft and what should be done so that these attacks can be stopped.
Information that will be obtained from this study will provide different organizations with the
adequate information on data breaching.
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DATA BREACHES AND IDENTITY THEFT
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References
Aldossary, S., & Allen, W. (2016). Data security, privacy, availability and integrity in cloud
computing: issues and current solutions. International Journal of Advanced Computer
Science and Applications, 7(4), 485-498.
Artiningsih, A. (2017). Data Breaches and Identity Theft: A Case Study of US Retailers and
Banking. Jurnal Universitas Paramadina, 13, 1476-1496.
Chou, J. C. (2017). Cybersecurity, Identity Theft, and Standing Law: A Framework for Data
Breaches Using Substantial Risk in a Post-Clapper World. Nat'l Sec. L. Brief, 7, 120.
Romanosky, S. (2016). Examining the costs and causes of cyber incidents. Journal of
Cybersecurity, 2(2), 121-135.
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