Why Your Business Requires Security

The States and Federal Identity Theft and Privacy Protection Laws now require businesses, agencies and organizations of all sizes to protect all personal information they store, and report to all their customers whenever a breach occurs. The financial ramifications after having a data breach can be very substantial to both present and future business. In some many cases a company never does recover from a breach and is forced to close down. Currently, the average cost on a company is $3.7M per incident.

Archive for Security Stats

Jan
12

2008 Data Breach Analysis – By Attack

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When reviewing the 2008 Privacy Rights Clearinghouse’s data breach statistics we broke down the type of attack into five categories: Dishonest Insider, Hacker, Lost/Stolen Computer Equipment, Improper Storage/Disposal of Documents and Dumb Exposure. While the first four are fairly selfexplanatory, Dumb Exposure is when someone posted information they should not have, sent a file to a wrong person, didn’t seal the envelopes prior to mailing, etc. Read More→

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Jan
08

Data Security Breaches in 2008

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Privacy Rights Clearinghouse is a non-profit consumer information and advocacy organization that tracks, monitors and educates individuals on identity theft. One of their reports,  A Chronology of Data Breaches, lists attacks from 2005 to present. While the information is informative, we took the raw 2008  data and analysed the number of cases,  industries and means of the theft. Here are some of the results:

 

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