Identity Theft
Trouble in the clouds: Data breaches threaten cloud computing
Posted on Jul 19 2011 by bkrenek
Cloud services that handle enormous amount of data amongst consumers and corporate clients are a big target of fraudsters.
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Encryption: Data’s best friend
Posted on Jul 12 2011 by ofonseca
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.
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Scam report: Insider fraud
Posted on Jun 21 2011 by bkrenek
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.
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Cyber liability insurance: 5 fast facts
Posted on Jun 14 2011 by ofonseca
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.
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Law vs. Technology: Which stops more breaches?
Posted on Jun 07 2011 by bkrenek
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.
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The high cost of data breaches just got higher
Posted on May 31 2011 by ofonseca
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.
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8 insights into the underground fraud economy
Posted on May 24 2011 by bkrenek
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.
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Are we suffering from breach notification fatigue?
Posted on May 03 2011 by bkrenek
With numerous different breaches affecting so many people as of late, millions of consumers are receiving emails from trusted brands noting that customer emails (and perhaps other information) have been compromised, so consumers should be wary of future emails that may appear to be sent from them.
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4 breach trends to beware of
Posted on Apr 26 2011 by ofonseca
According to the Identity Theft Resource Center, there were 54 banking-related data breaches in 2010, down from the 62 breaches reported in 2009 but nevertheless accounting for 4,853,708 exposed records. Most breaches were related to insider theft, cyberattacks, and card skimming stacks; other top breaches related to missing paper documents, stolen or missing hardware and accidental breaches.
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A billion dollar crime that needs an urgent response
Posted on Apr 19 2011 by lponemon
According to Ponemon Institute’s Second Annual Survey on Medical Identity Theft, we estimate that more than 1.49 million Americans have been targeted by this crime. With an average cost per victim of $20,663 the total national economic impact of medical identity theft crimes is more than $30 billion.
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