Cyber criminals have been so successful in recent years that they have seemed unstoppable, leaving federal law enforcement struggling with the fast pace of attacks and ever-changing tactics.
When considering your company’s full breach prevention strategy, consider encryption a strong bodyguard that can play a big role in protecting data while also shielding your company from embarrassing and costly breaches.
A well-crafted social media policy with clear guidelines addressing these and other risks can substantially reduce the number of data breach incidents related to social media use.
According to a Report to the Nations on Occupational Fraud and Abuse, in 2009, the average company lost nearly 5% of its revenue to fraud perpetrated by employees.
In this daunting time of high-wire cyber attacks, when even the most trusted brands are falling prey to tireless hackers, there’s no such thing as being too prepared.
With the recent rash of highly newsworthy data breaches, headlined by the Sony PlayStation Network breach that impacted 77+ million subscribers, there’s been much hand-wringing over how to best ensure the protection of customer privacy.
In an effort to make data breaches even more unpalatable and motivate companies to strengthen their security practices, the Federal Trade Commission is beginning to levy punishments for security holes that invite intrusions.
These days, the fraud economy has matured to a point where it is run like a global marketplace, with specialists for every aspect of fraud – from identity thieves to the consumers of stolen identities.
All data breaches have two things in common: the need for prompt resolution and the need for a robust preparedness plan.
In a recent report, Ernst and Young noted that stronger breach notification requirements are among the top privacy trends for 2011. Governments around the world are enacting or tightening regulations around breach notification, and within the U.S., individual state laws around data breach notification have had a tremendous impact on data security.