Danger–corporate data breach!
David M. Cannon, Lara L. Kessler · Journal of Corporate Accounting & Finance · 2007
Abstract It's time to sound the alarm. The number and consequences of corporate data breaches are growing by leaps and bounds. People often see data breaches as an information technology problem. But the fallout often affects the finance function. And while stolen consumer information gets the most publicity, sensitive employee and business partner data has also been stolen. The authors reveal the technological, legal, and market forces causing the growth of data breaches. They also explore the impact of these breaches, as well as current legal moves to address the problem. © 2007 Wiley Periodicals, Inc.