The first sentence is a mic-drop truth:
Data is an asset and a liability. It fits into both accounting columns and will not fail to be used against a corporate entity if not secured properly. Databases contain trade secrets, personally identifiable information, HIPAA-protected health care information, proprietary information and classified data. They also house sensitive information and evidence of liability or criminal behavior.
One of the biggest hypes of the 2010’s was the idea of “Big Data”, tools that would comb through every bit of data you had and provide insights into your business that had never been possible before.
Of course, what was usually not mentioned in that hype was the flip side. If you’re collecting that much information, and keeping that much information, you really need to keep it safe.
Oops. Not everyone has been doing that, as the rest of the article below makes clear.