MSU Could Spend Millions on Latest Data Breach
Most recently, someone hacked into a Michigan State University database. Names and MSU identification numbers were exposed along with social security numbers, which are extremely valuable to criminals.
Armed with social security numbers, a criminal could open up new credit cards or file someone's taxes and collect their refund.
Between providing identity protection and enhancing its security systems, MSU estimates that it will spend $3 million in response to the attack.
MSU also keeps extensive records for current and past employees who collect benefits through MSU. Read the entire story in the Lansing State Journal.