There are several different factors to consider when thinking about protecting your data. The subject can be complex and usually involves multiple parties.
Let’s begin with a simple thought exercise. Think about how much personal information you share on a day-to-day basis, online or otherwise. Consider who and what you interact with; applications, devices, websites, humans, corporations, etc. How much time do you spend thinking who has access to your data and what they could do with it? What are some of the things that you do to ensure you are protecting your valuable information?
It can take months or even years before a data breach is detected. The latest statistics from Ponemon Institute’s 2018 Cost of Data Breach Report outlines that it takes an average of 197 days to identify a breach. That means someone is in your network, on your systems, in your applications for over six months before they’re detected, IF they’re detected. That’s six months! On the higher end of the same report, there are companies that have been breached for years before they realize it. For example, sources indicate the Marriott data breach occurred back in 2014, but it was not disclosed until 2018. The scale of that breach is still being evaluated and it seems to get bigger and more impactful as more information is discovered.