Explain the Importance of Data Security and Confidentiality in Relation to Computerised Accounts Data

Data Security and Confidentially

Data security is protecting a database such as a set of accounts from non members of a firm or hackers. Data confidentially is information of a client accounts are kept secret and are only to a select few.

Why is it important?

It is important because it can do an awful lot of damage to a firm of any size if they accounts of the company were in the wrong hands.

First, a customer of an account business expects that all the information of their finances will be stored and not known to anyone else apart from the business. If a hacker tired to obtain information of a customer’s accounts and was successful, it could have dire consequences for both client and firm. The client might leave the firm and possibly sue to company, while the company unfortunately earn a bad reputation for not having adequate data security.  


Hers is an article detailing the worst data security breeches:
http://www.csoonline.com/article/700263/the-15-worst-data-security-breaches-of-the-21st-century

Click on this link to learn about the Playstation Network being hacked into:
http://www.bbc.com/news/technology-13169518

Here is an example of data confidentially problems with Facebook:
http://www.pcworld.com/businesscenter/article/261549/facebook_gets_privacy_ultimatum_from_german_consumer_groups.html