Resulting Damage From Data Breaches

 
 
By Yuval Ben-Itzhak  |  Posted 2009-11-03 Print this article Print
 
 
 
 
 
 
 


Resulting damage from data breaches

The results and damages of a successful data breach are far reaching for the victims and for society as a whole. For example, stolen medical and patient data can be used for illegal and/or bogus treatments, setting up fake clinics, facilitating the purchase of addictive drugs and obtaining prescription drugs for the purpose of selling them.

Stolen medical and patient data can also result in the loss of health coverage for victimized patients, as well as inaccurate records of the victimized patients-which could result in incorrect and potentially harmful treatments.

Stolen Social Security numbers can be used for a variety of illegal activities such as opening new credit card accounts in the victim's name, which results in the criminal's payment history appearing on the victim's credit report. Other illegal activities include opening phone accounts in the victim's name, running up charges on the victim's existing account, getting utility services in the victim's name, taking loans out in the victim's name, and getting a driver's license or official ID card issued in the victim's name using the criminal's picture.

Criminals who steal Social Security numbers can also try to use them to fraudulently receive governmental benefits, land a job, get a fraudulent tax return, rent a house or get medical services-all in the victim's name. Thieves can even try to use bogus Social Security numbers during police interrogations to avoid prosecution or arrest.



 
 
 
 
Yuval Ben-Itzhak is Chief Technology Officer at Finjan. A security industry veteran, Yuval brings strong technology leadership capabilities to Finjan, as gained in over 15 years of high-level management positions. Prior to joining Finjan, Yuval was the founder and CTO of KaVaDo Inc., a leader in Web application security (acquired by Protegrity). Prior to KaVaDo, Yuval was CTO at Ness Technologies, a global provider of end-to-end IT solutions and services. As a senior project manager at Intel Corp., Yuval was in charge of the design and development of multimillion dollar software projects. He began his professional career as a member of an elite intelligence unit of the Israeli Defense Forces, where he was responsible for the design and development of security systems for mission-critical projects. Yuval earned a Bachelor of Science in Information Systems and Engineering, cum laude, from Ben-Gurion University, Israel. He can be reached at ybitzhak@finjan.com.
 
 
 
 
 
 
 

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