Recent Major Multi-national Security Breach
Friday, January 19th, 2007One of the scariest parts of the recent security breaches involving a subsidiary of CIBC and the parent company of discount retail company Winners relates to a recent article I wrote about the disclosure of security breaches in Canada. Up to 3 million different Canadian identities are potentially at risk with these recent breaches in security, and this definitely brings the magnitude of the identity theft epidemic into the limelight. The biggest question I have is whether or not we would have heard anything about this if there had not been other countries affected by the breach. If, for example, Canadian Tire or Lordco, had a breach in security, would they alert the media (Note: As a publicly traded company, Canadian Tire may have other rules about this type of disclosure. Lordco, however, is privately held.)?
Click here or here for more information about the security breaches. The first link, from CBC, includes a comment about disclosure of these types of breaches in Canada.






