Data security is usually one of the main priorities for corporate and small businesses. It is a type of security that protects data in databases from hackers or unauthorized users. These databases consist of financial information, sales numbers, and other key business information. The security provides privacy measures to prevent access and corruption to the company’s computers, databases, and websites. Data security also protects the business’s customer’s information; like their credit card numbers, addresses, emails, and purchasing history. All companies need to protect their data because breaches could hurt the company’s reputation and become an future expense. Clients and customers depend on companies to keep their personal data safe. In December 2013, Target experienced the second largest data breach in history. Despite trying everything to earn customers trust back, sales and foot traffic at Target stores across the country is still extremely lower then it …show more content…
Zettaset’s security data warehouse gives small and medium sized businesses with the data management and business intelligence needed to scale fraud-mitigation and forensic solutions more easily. The exceptional feature of Zettaset’s security data warehouse is it enables users to mine meaningful security information from firewalls, security devices, website traffic, business processes and other day-to-day transactions. MicroStrategy released a cloud solution that has MicroStrategy 10 Platform, plus data integration, validation, warehousing services, and application management support. The platform will tap into a secure cloud environment that will start building transformational analytics applications almost immediately. The new solution will also allow users to host their environment in any geography they
In addition, the business data will be stored on these devices, being or not protected only by the individual security awareness of each employee. Therefore, it is likely that the confidentiality of corporate data will be compromised if an employee’s device is lost or stolen. Take Godiva, a chocolate manufacturer, as an example. On November 25, 2014, they notified employees of the company of a data breach when a Human Resources employee, who was traveling to retail sites, had a briefcase stolen from a car. The briefcase contained a laptop that had employee information on it.
Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s it began expanding the store nationwide in the 1980s, and introduced new store formats under the Target branding in the 1990s. The parent company was renamed the Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a highly publicized security breach of customer data and the failure of its short-lived Canadian subsidiary in the early 2010s, although experienced revitalized success with its expansion in urban markets the United
Many people in the company need access to data to help them do their job better. The main questions revolve around who needs what data, and who chooses what data gets to be shared. Looking at all the pieces, as well as the IT and information assets, the governance of the data belongs to a data owner (Khatri & Brown, 2010). The main questions to be answered must include who is the data owner? Who is responsible for data quality?
It is also the duty of employers to ensure that employer’s policies and procedures adequately cover Data protection. Data is any personal information held about an individual whether this be in
The reason for this decline may be because of its newest competitor, Amazon. Online retailers have became much more popular in recent years, and Target is starting to lose one of the few remaining competitive advantages that they had (Lam 2017). It also may have declined based on the boycott initiated by customers for political reasons. There was a lot of controversy around Target’s new bathroom policy that was implemented for transgender individuals. There has been a report that revenue has diminished, because they thought Target was becoming too “political”, and they decided to shop in other department stores (Steward
For operational purposes, the company collects and stores confidential information about their customers, employees, suppliers, and vendors. For purposes of their rewards program, the company collects sensitive and confidential consumer information. Although security measures and information technology systems have been put in place to ensure secure transmission and storage of confidential information, security breaches, computer viruses, or even human error can occur. Any of these events could cause data to be lost or stolen, as well as disclosed and used with malicious intent. Such occurrence could lead to litigation, fines, increased security costs, and damage to