Tag Archives: Data Breach

Sony data breach biggest ever; Lawsuit filed

Last week’s Sony data breach shattered TJX’s longstanding record for the largest customer data theft ever, a dubious honor that TJX has held since 2007. The massive Sony breach leaves millions and millions of credit cards at risk.  Details still aren’t clear yet, but the Sony breach *may* have included […]

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Takeaways from Verizon’s 2011 Data Breach Investigations Report

Many thanks to the Verizon RISK Team (along with the U.S. Secret Service and the Dutch High Tech Crime Unit) for publishing their 7th annual analysis of data breaches.  Compromised data continues to plague organizations worldwide, and studies like the 2011 Data Breach Investigations Report can help us all avoid […]

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A Security Hole – is Dropbox Dropping the Ball?

Security researcher Derek Newton and a few Dropbox users have found a significant security hole in Dropbox. They published their results and Dropbox responded. Dropbox’s response is not adequate.  It’s not enough for them to bury their head in the sand and to say that this security gap is not […]

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The cost of a data breach now averages over $7 million dollars!

Did you know that the average cost of a data breach is $7.2 million dollars? Or that the cost of each compromised record is $214, an increase of 7% over last year? A data breach resulting in the loss or theft of protected personal data will have serious financial consequences […]

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Tax season: A headache for you, an opportunity for hackers…

Would you be surprised if I told you that nearly 40% of all data leaks within the past 3 years have happened between January 1st and April 15th? According to the DataLoss Database there have been 2,402 data loss incidents reported between 2007 and 2010, and 916 of them happened […]

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Ipswitch’s take on the NASDAQ breach

This week’s NASDAQ data breach has raised serious questions about the security of the US stock exchange and clearinghouses – not to mention further shaken an already fragile investor confidence. My head is spinning just contemplating the possible ramifications if this network breach had resulted in the theft of non-public […]

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16,000,000 reported breached records in 2010

Does it feel like you’re hearing about a new data breach almost every day? Well guess what — you likely are.  The Identity Theft Resource Center recorded 662 data breaches on its 2010 ITRC Breach List.  That averages to over a dozen reported breaches per week…. And a whopping total […]

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