As our world becomes ever smaller and more networked, Data Privacy Day provides information to consumers about the ways in which personal information is collected, stored, used and shared. The international privacy promotion also helps businesses understand the laws and regulations to which they’re subjected and offers guidance about how to best shield themselves from risks.
The Ponemon study clearly shows that when data breaches occur, the collateral damage of a company’s brand and reputation become significant hard costs that must be factored into the total financial loss.
A recent data breach discovery serves as a reminder that even when you’re on vacation, cyber criminals never sleep.
The average value of a lost laptop is $49,246, a number based on several factors: replacement cost, detection, forensics, data breach, lost intellectual property costs, lost productivity and legal, consulting and regulatory expenses.
With the flood of online shoppers comes the accompanying tidal wave of fraudsters washing over the cheerful holiday landscape. Hidden behind the online mistletoe, cyber-thieves lurk with seasonal scams, virtual Scrooges with plans to spoil holiday shopping for consumers and retailers.
According to a new report by British insurance firm Willis Group Holdings, insurance claims for data theft worldwide jumped 56% last year, with the largest share of those attacks – 38% – targeting hotels, reports and tour companies.
Why are hackers increasingly making themselves at home in the hospitality sector?
It is a cruel irony that service members who defend our country by fighting abroad are often most at risk from the threat of identity theft at home. Frequent deployments, relocation and the unique demands of military life create vulnerabilities for fraudsters to exploit, and military personnel can remain unaware that they have been targeted long after a crime has been perpetrated.
Data breaches may conjure images of malicious hackers and global cyber gangs, but often the worst breaches come at the hands of a company’s own employees.
The Ponemon Institute’s recently released “Second Annual Cost of Cyber Crime Study” confirms that data breaches have become a more frequent and damaging hazard of business.
Everywhere you turn these days there’s word of a new data breach. In the course of our lifetime, our “personal identifying information (PII)” is shared with hundreds of companies, governmental agencies, educational facilities, businesses and health care providers. What can a consumer do to protect their sensitive personal information?