Archive for the ‘Data Breach News’ Category

Data breaches up 69 percent this year; businesses account for one third.

Thursday, July 10th, 2008

By Rebecca Seaman Data breaches are on the rise, despite preventative measures such as state notification laws. Specifically, the Washington Post reports that data breaches reported by businesses, governments and universities are up 69 percent this year. Businesses alone accounted for a 27 percent increase in breaches, or one third of ...

Friday, June 20th, 2008

 by Doug Pollack Verizon Business Security Solutions recently released a study titled "2008 Data Breach Investigations Report" that looks at the causes of data breaches and prescribes recommendations for improving data security policies that can lead to data breaches. An article in CNET related to this study, "Reports examine causes and victims ...

FBI Prosecutes and Shuts Down “The Shadowcrew” Carding Forum

Monday, June 16th, 2008

By Rebecca Seaman While there are currently many Carding Forums operating on the web, the article Data Breaches: What the Underground World of “Carding” Reveals focuses on one particular organization whom the FBI managed to infiltrate and shut down: The Shadowcrew Criminal Organization. According to the Author; Kimberly Kiefer Peretti, ...

Notification not reducing ID theft

Friday, June 6th, 2008

by Doug Pollack A study published this week by Carnegie Mellon researchers concludes that data breach notification laws that have been enacted in 43 US states do not seem to be causing a decrease in the rate of identity theft. An article published in Infoworld reports that: "'There doesn't seem to be ...

International Carding Forums: Large-Scale Data Breaches for Sale

Wednesday, June 4th, 2008

 By Rebecca Seaman The Federal Bureau of Investigation recently released a report detailing a new trend in global organized cyber crime: Carding Forums. In these online forums where data is posted for sale much like one would post a sofa for sale on craigslist; the detailed financial and personal information of ...

Data breaches often lead to civil litigation

Friday, May 30th, 2008

by Doug Pollack Most of us by now have received at least one data breach notification letter that has stated that our personal information was lost or stolen. I received one just a month ago from a brokerage firm that I did business with years ago. Often, with high profile companies ...

Importance of Prompt Breach Notification

Saturday, May 24th, 2008

by Doug Pollack It was reported yesterday by TheDay in Connecticut that People's United Bank recently experienced a data breach that may affect hundreds of thousands of their customers. An affiliated third party had created unencrypted backup tapes with personal information of their customers and a box of these tapes was ...

Consumers Reaction to Data Breach Notification

Monday, May 12th, 2008

by Doug Pollack The Ponemon Institute recently published a report titled "Consumers' Report Card on Data Breach Notification" based on a survey sponsored by ID Experts. There has been a lot of research on the costs and impact of data breaches on the organizations that have exposed the data. There has ...

UCSF Delays Data Breach Notification For 6 Months

Tuesday, May 6th, 2008

by Doug Pollack Earlier this week, the San Francisco Chronicle reported that the personal information of over 6,000 UCSF patients had been been exposed on the Internet for over three months last year. This situation has caused these individuals to be vulnerable to potential medical identity theft. The data breach ...

Data Breaches of Medical Records on the Rise

Tuesday, April 29th, 2008

by Doug Pollack An article published by the Wall Street Journal titled "Are Your Medical Records at Risk; Amid Spate of Security Lapses, Health-Care Industry Weighs Privacy Against Quality Care" discusses the growing incidents of data breaches and contributing factors within the health care world. The article highlights the extent of ...