Why is Equifax interested in working with higher education?
It’s been widely reported that the greatest area for risk of breach is higher education due to the open nature of the networks and systems in this sector. Currently, efforts in the HE-IT community are focusing on breach notification processes and procedures—dealing with the aftermath of a breach. This new approach offers a way to “inoculate” community members and shift an institution’s focus to preventing the impacts of a breach. This works on the fundamental problem, which is, “how does one protect his or her credit in a world where breaches happen?” There could potentially be a significant market for “University Programs” in this sector. Many universities will find this a thrilling new way to manage inevitable breach risk. In short, higher education is where the “hot button” problem is today, and this solution presents a forward-looking company a tremendous opportunity to make a big splash in a market, rather than relying upon direct marketing to individuals.
