$50000 Reward for missing drive
In early 2009 the National Archives announced that it had lost a 1TB portable hard drive containing sensitive information from the Clinton Administration. Since none of the data was encrypted, the social security numbers and other personal data could easily be used to commit fraud. NARA had no remote management capabilities for the device, so there was really no way for them to track down the drive short of offering a substantial reward. Now they have announced exactly that - Federal Office Offers $50,000 Reward for Missing External Drive.
Upgrading hard drives and flash drives to encypted models with remote management capabilities would have cost less than $50,000 plus credit monitoring costs. Public and private companies can face even bigger costs than NARA when it comes to a data breach.
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