https://www.cbc.ca/news/canada/british-columbia/bc-pension-plan-warning-8000-privacy-breach-1.5087283 Exploit: Missing microfiche BC Pension Corporation: One of the largest pension plan administration agents in Canada
Risk to Small Business: 2 = Severe: Members of the BC College Pension Plan are receiving notifications that their information may be at risk after a box went missing during an office move from last year. Contents of the container included microfiche with personal information of members who worked from 1982 to 1997, and the breach was discovered in October 2018. Although the corporation has declared this as a low risk security incident, FIPA argues that it is a high-risk attack. Along with negative publicity, the BC Pension Plan Corporation will face backlash from members and may spearhead the case for implementing mandatory data breach reporting requirements in British Columbia.
Individual Risk: 2.428 = Severe: Some of the information includes names, social insurance numbers and dates of birth. Although there is currently no indication of an attack, plan members should investigate identity and credit reports to see if they were affected. In the words of one of the affected members, West Kelowna resident Pamela Stevens, “the information is out there, and there are people that wait around for these things to happen to get people and to use their cards and information to misuse it.”
Customers Impacted: Around 8,000
How it Could Affect Your Customers’ Business: Delays in breach notifications compound over time and can prove costly for companies. Without proper detection, it becomes nearly impossible to identify the source of a breach, with the end-result being disgruntled customers, penalties, and more. Along with partnering up with security providers to incorporate Dark Web monitoring solutions, businesses must alert their customers immediately to maintain a healthy dialogue.
Enterprise Systems and Dark Web ID can monitor the Dark Web and find out if your employee or customers data has been compromised. We work with end customers to strengthen their security suite by offering industry-leading detection. Find out more here: https://www.idagent.com/dark-web/.