Massive Data Leaks Keep Happening Because Big Companies Can Afford to Lose Your Data

Erik Sherman reports:

If you live in the United States, there’s almost a 50 percent chance your personal data was lost in the giant Equifax data breach a year ago of 143 million records. Google had its own data breach in October this year that exposed data on as many as 500,000 accounts. Or the most recent Facebook breach of data from 29 million users. Or, over the last five years alone, major breaches at Anthem, eBay, JPMorgan Chase, Home Depot, Yahoo, Target, Adobe … but you get the point. If it’s day that ends in “day,” there must have been another major data breach that keeps criminal hackers gainfully employed by selling your information.

Bad guys keep getting smarter, experts say. Why not corporations? The short answer is, because it’s not worth their trouble.

Read more on Motherboard.

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