Cybercriminals Cashing in as Companies Struggle to Secure Payment Systems

Posted on May 05 2015 by

Experian Data Breach Resolution and Ponemon Institute release the first industry study that closely examines payment technologies and how companies are managing the growing threat of data breaches. The study, Data Security in the Evolving Payments Ecosystem, asked professionals to weigh in on several topics including who should be responsible for securing payment systems and […]

Ponemon Study Looks at the Security of the Payment Card Ecosystem

Posted on Apr 29 2015 by

  Payments fraud and data breaches are top security challenges for corporations across every industry, but how do the threats relate to each other? Do the newest payments technologies increase the risk of a data breach? We considered those and other pressing questions in our new study, “Data Security in the Payments Ecosystem,” conducted by […]

Damage Beyond Cost: How Data Breaches Undermine Consumer Confidence

Posted on Apr 21 2015 by

When a data breach occurs, the monetary costs can be horrific for the affected company. The Target cyberattack cost the retailer more than $17 million, the Washington Post reported. The breach of health insurance company Anthem earlier this year is already running cost estimates in excess of $100 million. Yet even when the monetary costs […]

Don’t Fall for Phishing Scams

Posted on Apr 07 2015 by

Picture this all-too-plausible scenario: a small business owner receives an authentic-looking email from a payee with whom his company regularly does business. The email states that due to lost records, the company will stop issuing payments to the small business unless someone verifies account information by clicking an enclosed link and completing an online form. […]

Healthcare industry continues to be plagued by breaches

Posted on Mar 26 2015 by

Being right is sometimes a double-edged sword. In our 2015 Data Breach Industry Forecast, the Experian Data Breach Resolution team predicted that healthcare-related data breaches would continue to be a growing concern in the coming year. Already, the news is verifying our prediction. As of the last week of February, 2015, 29 healthcare industry-related breaches […]

7 simple, insightful steps for auditing your data breach response plan

Posted on Mar 17 2015 by

Daily data breach headlines are likely enough to convince you that cyber threats continue to evolve. To remain effective, your data breach response plan also needs to keep up. It’s imperative that your company reassesses its data breach response approaches regularly. We recommend auditing your plan at least quarterly – more frequently if you have reason […]

Experian Hosts Stellar Panel Discussion at IAPP

Posted on Mar 06 2015 by

Cybersecurity thought-leaders from many industries gathered in Washington, D.C. this week for the International Association of Privacy Professionals (IAPP) Global Privacy Summit. The Experian Data Breach Resolution team was on hand to talk about data breach preparedness and how 2014 was a game-changing year for everyone concerned with cyber security. We fielded a stellar group of experts […]

Medical Identity Theft Will Surge in 2015

Posted on Feb 24 2015 by

Medical identity theft and fraud statistics are alarming-and will be even more worrisome with the recent breach at Anthem Inc., yet they fail to put a human face on the crime. It’s one thing to say that medical identity theft cases increased 19 percent between 2012 and 2013 (according to Ponemon Institute’s 2013 Study on […]

Data Breach in the News: Winter 2015

Posted on Feb 17 2015 by

You learn a lot about emerging and evolving risks when you help more than 3,000 organizations manage breaches of all kinds, as the Experian Data Breach Resolution team did in 2014. We shared many of our insights in our Second Annual Data Breach Industry Forecast, and recent headlines support many of the predictions we’ve made. […]

ProtectMyID® Gets Even Better with Payment Fraud Protection through BillGuard

Posted on Jan 26 2015 by

Payment card fraud is on the rise; the costs of debit and credit card fraud have increased $3 billion since 2012, hitting a staggering $11 billion last year according to Javelin Strategy & Research. Chances are high that a number of your customers have either been affected by fraud or identity theft, or know someone […]