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 ...
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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 ...
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Monday, August 1st, 2011
A recent report indicates that the number of data breaches for this year – 158 so far – are on track to surpass the number of reported breaches last year. There were 250 in 2010.
When this year's breaches are examined, there are consistencies among targets. Universities, hospitals and health care ...
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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 ...
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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 ...
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Monday, August 25th, 2008
We would assume the legal system itself would be reasonably safe from identity theft, but we are continually reminded that nothing is truly safe from data breaches. The US Ministry of Justice recently reported nine separate data breaches which collectively affect around 45,000 people.
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Thursday, August 14th, 2008
Those of us who know about the Great Depression understand just how important Wall Street is to our economy. Staggering amounts of money and investments change hands on a daily basis. With the rise of online stock trading comes a rising threat. Identity thieves are now turning their sites on ...
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