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ARTICLE · 31 MARCH 2014

Preparing For A Digital Armageddon

Dickinson Wright PLLC
Dickinson Wright PLLC
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Dickinson Wright PLLC

Dickinson Wright PLLC

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Headlines have recently concentrated on cyber-security incidents that affect the consumer.

United StatesPrivacy

We are under attack. Whether it is cyber-theft, cyber-terrorism, or cyber-warfare, critical systems that generate and distribute electricity on the grid, control commercial aircraft in flight, process bank and credit card transactions, coordinate our traffic lights, authorize military action, and control emergency response are targets of daily assaults by hackers whose goal is to penetrate, disrupt, and/or exercise control over critical infra-structure in the United States. It is a battle we are losing.

Headlines have recently concentrated on cyber-security incidents that affect the consumer. Identify theft from cyber-security breaches now cost the victim over $500 and 30 hours of remediation work per incident. But the hacking one person is nothing compared to hacking into data systems that house information on millions of consumers. Most recently, financial data from millions of Target customers was stolen by hackers who targeted credit card (Point of Sale or POS)

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