Archive for the ‘Data Breaches’ Category

Data breaches remain costly concern for business owners

Monday, January 30th, 2012

The Ponemon Institute released a survey earlier this month that showed that data breaches involving third party organizations remain costly to business owners. Data breach incidents cost U.S. companies $204 per compromised customer record in 2009, and the average total cost per incident was $6.75 million that same year. Factored ...

What if my business gets hacked?

Wednesday, January 25th, 2012

What do you do if you own a business and your computer system gets hacked? Panic? Hardly. But you do need to take swift action. Cybercriminals are targeting small businesses more and more to steal information like passwords, which can lead to bank account balances and credit lines, customer information and ...

Small business owners can’t afford to be lax when it comes to hacker security

Wednesday, May 18th, 2011

It appears that consumers are certainly becoming more proactive about protecting themselves from identity theft. But small business owners don't seem to share their concern. According to a recent survey, small business owners are victims of fraud at a rate of 15 percent more than the general population. In 2010, small ...

Sony online gamer info reportedly already on Black Market

Wednesday, May 4th, 2011

Credit card information gleaned from the Sony Online Entertainment data breach has already been spotted for sale on the Black Market, according to The New York Times. Sony announced the breach recently, which has affected 77 million users of games like EverQuest, located on the Play Station video game network. The ...

Information from data leak available for six months before discovery

Monday, February 21st, 2011

The personal information of more than 3,600 patients at Charleston Area Medical Center in Charleston, W. Va. was accessible for six months following a data breach. The information included Social Security numbers, names, birth dates, addresses and phone numbers, and were available through an unsecured online database. A Web site created ...

Company dealing with a data breach? LifeLock can help

Friday, January 21st, 2011

The headlines have been filled in the past year with thousands of data breaches – from universities to hospitals to private companies. There are many more that occur and don't get reported. And for each breach, there are thousands of people who are affected, and who could become victims of ...

‘Financial wellness’ the focus in January

Wednesday, January 12th, 2011

Your personal information – you provide it to others on an almost daily basis. You hand it over at work, the doctor's office, the dentist's office, your child's school and when you shop online. Identity thieves know this and they use that to their advantage. This is why the personal information ...

Data breach info shows breaches have leveled off – for now

Tuesday, January 4th, 2011

In 2010 there were 662 reported data breaches. There were very likely many more than that, since many go unreported. Those that were reported represented the exposure of more than 16 million personal information records. Nearly two-thirds of those breaches exposed Social Security numbers, and 26 percent of them ...

Data breach legislation could pave the way to transparency

Monday, December 20th, 2010

Hawaii lawmakers are working on legislation that would punish state agencies responsible for data breaches that can result in identity theft. "Right now the problem is that victims are the ones who bear all the brunt in recovering from identity theft," said state Sen. Mike Gabbard (D, Kalaeloa-Makakilo). "It's like having ...

Study shows cost of data breaches in the billions for health care providers

Wednesday, November 10th, 2010

Data breaches of patient information cost health care organizations nearly $6 billion per year, according to a study by the Ponemon Institute. The impact of a data reach over a two-year period was $2 million per organization, and the lifetime value of lost data on a patient was $107,580. The study ...

Firesheep could offer real advantage for ID thieves

Wednesday, November 3rd, 2010

One of the creators of Firesheep, a Firefox browser plug-in that makes it easy to snoop on others' social networking sessions, has written a blog post defending his creation, saying it has helped elevated discussion about security on the Internet. Eric Butler, who co-authored the application with Ian Gallagher, defends his ...

Sprint employees rack up $15 million in ID theft scam

Tuesday, September 7th, 2010

Nine former Sprint employees have been charged with conspiracy to commit wire fraud, access device fraud and aggravated identity theft. The defendants accessed customer accounts over 16,000 times without authorization, and used the information to create clones of the customers' cell phones. The cloned phones were then used to make unauthorized calls, ...

Actress Cameron Diaz listed as ‘most dangerous’

Thursday, August 19th, 2010

Cameron Diaz is now the most dangerous celebrity to search for online, replacing Jessica Biel, according to a Web security company, while President Barack Obama and Sarah Palin are among the safest. Cybercriminals often use the names of popular celebrities to lure people to sites that are laden with malicious software. ...

Loma Linda offers ID protection to breach victims

Friday, August 13th, 2010

Loma Linda University Dental School has gone the extra mile to help potential identity theft victims after about 10,100 patients' personal information was leaked. The school has hired a credit monitoring and repair firm to help those whose information was contained on one of three desktop computers stolen from the school ...

Shred docs and wipe your hard drives – to keep yourself safe

Wednesday, July 21st, 2010

When documents containing sensitive information are just tossed in the trash, the information is free for the taking. Unfortunately, the ones doing the taking are most often identity thieves. According to a recent study, 11.1 million adults were victims of identity theft in 209. That's up from 10 million in 2008. ...