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Wall Street & Technology December 12, 2007 Melanie Rodier |
Data Breaches Costly For Financial Firms Data breaches are costly for any company, but according to a 2007 study, the average total cost for an incident is much higher in the financial sector.  |
InternetNews March 9, 2011 |
Data Breach Recovery Getting More Expensive Report says the cost enterprises have to pay to fix security and restore operations after a data breach continue to grow.  |
InternetNews January 26, 2010 |
Average Cost of Data Breach $6.75m in 2009 New study from Ponemon Institute and PGP Corp. shows rising costs for businesses associated with data breaches.  |
Insurance & Technology February 6, 2008 Melanie Rodier |
Data Breaches Increasingly Costly, Especially in Financial Services As the number of data breaches reported annually continues to surge, the costs incurred by companies that report incidents also are increasing  |
InternetNews April 28, 2010 |
Data Breaches Dent U.S. Corporate Coffers Regulations requiring U.S. companies to notify customers when their data has been compromised is taking its toll on corporate bottom lines.  |
InternetNews February 2, 2009 Richard Adhikari |
Study: Negligence Causes Most Data Breaches A just-released study concludes that the cost of data breaches to businesses is rising from both internal negligence and the actions of third parties.  |
InternetNews January 7, 2011 |
ITRC Seeks Full Data Breach Disclosure With major data breaches on the rise, the Identity Theft Resource Center is urging the formation of a centralized, searchable repository for the public to keep track of what institutions have seen their information compromised.  |
InternetNews April 5, 2011 |
Epsilon Data Breach Exposes Customer Emails Another high-profile data breach has occurred that could expose users to risk - what should you do to protect yourself?  |
InternetNews July 13, 2009 |
Report: 85 Percent of U.S. Businesses Breached A new report has a recommendation for organizations that fear a breach and the reporting requirements that go with it.  |
Wall Street & Technology June 18, 2007 Melanie Rodier |
US Businesses Still Lack Adequate Security to Protect Client Information Study shows 85% of midsize to large businesses spanning all industries reported data security breach, mostly due to stolen equipment.  |
Bank Systems & Technology November 6, 2008 Orla O'Sullivan |
2008 Data Breaches: 30 Million and Counting Roughly 30 million consumers have had sensitive personal data stolen in the 552 reported data breaches so far in 2008.  |
InternetNews April 21, 2011 Stuart J. Johnston |
Report: Data Breaches on the Decline. New report from Verizon shows a positive trend, but that doesn't mean that the battle is over.  |
InternetNews November 11, 2010 |
Data Breaches Cost Hospitals $6B A Year: Study Ponemon Institute report finds that healthcare organizations suffer an average of 2.4 data breaches a year, costing in excess of $2 million per incident.  |
InternetNews January 14, 2010 |
Hacker Breaches N.Y. Bank Long Island bank notifying 8,000 customers that their accounts have been compromised.  |
Insurance & Technology October 31, 2006 Katherine Burger |
Lost Opportunities Security is costly, and failed security is even more costly.  |
InternetNews July 10, 2007 Roy Mark |
Many Breaches, Few ID Thefts Data breaches are frequent, but evidence of actual identity theft resulting from the breaches is limited, according to a new report by the General Accountability Office.  |
Wall Street & Technology September 18, 2006 |
Enterprise Data Security Solutions: Variety Is the Spice of Life Enterprise data breaches continue to grab headlines and C-level attention. To combat the threat, companies are using a variety of technologies, according to a new survey of 802 IT executives.  |
CFO May 15, 2012 David Rosenbaum |
Costs of Data Breaches Drop In March, the Ponemon Institute, an independent research center that examines privacy, data protection, and information-security policies, reported the first decline in at least seven years of both the organizational cost of data breaches and the cost per lost or stolen record.  |
InternetNews June 18, 2009 Alex Goldman |
The Offline Vulnerability of Personal Data Organizations cannot substitute technology for common sense in the handling of personal information, warns a new report.  |
InternetNews July 9, 2010 |
Hackers Raid University of Maine's Servers The social security numbers and other personal data of over 4,500 students were compromised in the attack.  |
Bank Systems & Technology November 20, 2008 Orla O'Sullivan |
Best Practices on Data Breaches The task of informing consumers of a breach falls on banks. How the institutions do that is key to how they will be perceived by their customers.  |
InternetNews November 28, 2007 Andy Patrizio |
Report Details Real Costs of Data Breaches Some experts say breaches aren't just an embarrassment to your IT department: They're a leech on the bottom line.  |
Wall Street & Technology October 23, 2007 Melanie Rodier |
How Are U.S. Businesses and Lawmakers Responding to Data Breaches? Nearly 77 million individuals have been affected by data breaches so far this year. But even after suffering a data breach, many businesses failed to implement encryption solutions or seek legal counsel.  |
InternetNews August 9, 2010 |
New Federal Data Breach Bill Debuts in Senate The new bill is getting early support from prominent Democrats and could require enterprises meet tighter security measures and new notification rules.  |
InternetNews August 3, 2010 |
Health Care Orgs Endure Data Breach Epidemic Hospitals, medical centers and physicians' offices have been responsible for a disproportionately large number of data breaches so far this year, according to one security study.  |
CFO November 1, 2007 |
Losses Jump, Spending Doesn't For the first time in years, computer crimes cost companies more money.  |
Information Today November 12, 2015 |
Senate Approves Cybersecurity Information Sharing Act CISA is intended to protect companies from data breaches by allowing them to share cybersecurity and customer information with the Department of Homeland Security without a warrant.  |
InternetNews April 23, 2009 Alex Goldman |
Hefty Price Tag for Lost Laptops: Nearly $50,000 Left your $2,000 notebook PC in a taxi? The real cost to your business could be far, far higher.  |
Bank Systems & Technology July 12, 2007 Larry Greenemeier |
Link Between Data Breaches And ID Theft Unclear, GAO Reports A U.S. Government Accountability Office report indicates that while the amount of information lost or stolen is disturbing, it's difficult to prove that these breaches lead to identity theft.  |
InternetNews January 12, 2007 Roy Mark |
Data Breach Law Back in Senate Businesses and government agencies would have to notify consumers under certain circumstances of data breaches under legislation introduced by U.S. Sen. Dianne Feinstein.  |
InternetNews March 26, 2010 |
Survey: Security is the Top Priority for CEOs Study finds that 76 percent of C-level executives now say that securing their business-critical apps is the most important aspect of their data protection program.  |
InternetNews April 19, 2011 |
Does PCI-DSS Matter? New report shows a correlation between PCI compliance and data breaches.  |
InternetNews February 8, 2010 |
The Biggest Security Breaches of 2009 There were some spectacular data breaches last year. Here's some of the best, or worst, depending on your perspective.  |
IEEE Spectrum August 2008 Prachi Patel-Predd |
Data Theft by Partner Companies on the Rise Data breaches involving trusted third parties -- business partners, vendors, suppliers, and contractors -- are alarmingly on the rise, according to a recent investigation by the security team at Verizon Business.  |
InternetNews April 8, 2009 Alex Goldman |
Pentagon Claims $100M in Cybersecurity Costs The threat is real, but so is the fight for budget financing in Washington.  |
InternetNews April 10, 2006 Roy Mark |
Security Group Calls on Congress Public confidence in e-commerce will erode if Congress does not step forward and pass a meaningful national data breach disclosure law this year, according to the Cyber Security Industry Alliance.  |
InternetNews July 12, 2010 |
Stolen Drive Puts AMR Employee Records at Risk American Airlines parent company is the latest public company dealing with a data breach that exposed nearly 80,000 employees' Social Security numbers and other personal information.  |
CRM September 7, 2012 Dale Dabbs |
Protect Your Most Valuable Business Assets--Your Customers Optimal CRM incorporates data protection best practices to curtail identity theft.  |
U.S. Banker June 2007 Rebecca Sausner |
Cyber Security: Insurance Not Standard Yet, But Choices Abound Typical policies now offer a range of protections, as data breaches become more problematic. But at what point should premiums be spent instead on shoring up security?  |
InternetNews October 20, 2009 |
Privacy Still Dogs Electronic Health Records New study highlights security shortcomings with the ways medical facilities are digitizing patients' records.  |
InternetNews February 10, 2010 |
New Hack Attack Tags Payroll Processor Payroll processing giant Ceridian is warning some of its customers that a hacker managed to access its Internet system in December, exposing the personal data of more than 27,000 workers.  |
InternetNews June 8, 2010 |
Penn State Deals With Latest Data Breach Penn State University officials are warning more than 15,000 students that yet another preventable data breach has compromised their personal data.  |
InternetNews September 17, 2010 |
Rice University Deals With New Data Breach A stolen device containing student and faculty data went missing, putting personal information including Social Security numbers and birth dates up for grabs.  |
InternetNews December 21, 2009 |
Hacker Breaches College Library System Incident compromises more than sensitive information of more than 51,000 patrons at 25 campus libraries.  |
InternetNews August 18, 2009 |
Enterprise App Developers Use Insecure Data Credit card numbers, customer information, and even employee records are inadequately protected in development environments, according to a new report.  |
InternetNews March 3, 2010 |
Financial Services Firms Ripe for Data Attacks Study finds porous data protection policies and technologies are putting millions of customers - and their assets - at risk.  |
InternetNews May 6, 2010 |
Verizon, Secret Service Tackle Cybercrime Verizon will fold in the U.S. Secret Service's cybercrime data with its own to give consumers and companies a better idea of how to prevent and prosecute cybercrime.  |
InternetNews July 28, 2010 |
Most Data Breaches Perpetrated by Cyber Gangs Organized crime syndicates, many of them based or operated from outside the U.S., are overwhelmingly to blame for coordinated cyber attacks, according to a study by Verizon and the U.S. Secret Service.  |
InternetNews June 11, 2010 |
Feds Reassessing Breach Notification Laws Data breaches small and large continue to plague consumers and businesses at a record pace and lawmakers at all levels of government are now considering more proactive legislation to help thwart identity theft.  |
InternetNews March 18, 2011 |
RSA Hit By Security Breach for SecurID Security vendor RSA admits a breach, should you be worried?  |