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2 lis 2023 · Personally identifiable information (PII) uses data to confirm an individual’s identity. Sensitive personally identifiable information can include your full name, Social Security number,...
Hackers steal PII to commit identity theft, sell it on the black market, or hold it captive via ransomware. According to IBM’s Cost of a Data Breach 2024 report, the average cost of a data breach caused by a ransomware attack was USD 5.68 million.
18 kwi 2024 · A PII breach can result in identity theft, financial loss and reputational damage for your business. Data minimisation, access controls, encryption, regular audits and employee training are essential to safeguarding PII.
“PII” stands for personally identifiable information. Hackers often target personally identifiable information for a variety of reasons: to steal a customer’s identity, take over an account, launch a phishing attack, or damage an organization. As a result, there is a multitude of regulations concerning PII protection.
PII is any piece of information that can alone or when combined with other data, locate, contact, or identify an individual. This identification can be either direct or indirect, applying to a range of contexts. Direct Identifiers. These data points can specifically identify individuals on their own.
A PII leak is when sensitive information is shared without an individual’s knowledge or consent. This could happen via hacking, insider threats, data breaches, or accidental disclosures—such as through a misconfigured server. Who can access PII? A lot of PII information is already publicly available.
PII compliance simply means that an entity’s handling of personally identifiable information complies with relevant regulations. Fundamentally, PII compliance boils down to collecting and storing personally identifying data in a secure way that won’t allow it to fall into the wrong hands.
