Sunday 10 November 2013

Some days back, a scandal of data theft was reported in which a female employee of Barclays Bank stole the personal information of a customer from the bank’s database. It was later revealed that the employee were dating that customer and wanted to extract some personal information of his to know his marital status, number of children he has, address and other information. She took that man’s data and forwarded to one of her friends to keep it safe. While she was performing such activities, she was well aware of the fact that she is going against the code of conduct and can cause her severe punishment and can also cost her job.
Later, that female employee was sentenced to a fine of £2,990 and ordered by the court to pay the victim surcharge of amount £120 along with the prosecution fee of £250. She accessed the client’s personal information more than 20 times and also handed over the records to the third person. The punishment that the lady worker suffered was very lenient, even Police did not record the prosecution in their database, and the woman has a clean sheet regarding any sort of crime. These sorts of precedents will not help a bit in controlling the trend of data theft.
The person who got his personal information compromised was quite lucky that he did not become a victim of cyber crime. The data thieve had to intention of performing any fraudulent activity with his personal information; otherwise, he would have suffered big time. As the experts rate insider threat as one of the biggest threat to data security again and again, companies need to take some vital steps to neutralize this threat. Securing client’s data and other sensitive information under the password protection of software that can act as a digital File Lock will definitely help the cause. Data breach can harm the goodwill of the organization and can also cause big financial losses, so they need to make sure data security is unbreakable.
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