When people hear “identity fraud,” they usually conjure up images of a lone hacker furtively typing on a laptop. However the reality is identity theft is largely committed by identity fraud rings composed of two or more criminals actively working together. Currently in the U.S., there are more than 10,000 identity fraud rings and unlike […]
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In 2012, FBI Director Robert Mueller stated, “There are only two types of companies: those that have been hacked, and those that will be. Even that is merging into one category: those that have been hacked and will be again.” Given this warning, companies who are serious about protecting themselves from cyber thieves need to […]
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The flickering hope that Congress would pass the Cyber Security Act of 2012 which addressed issues of national cyber security during its current lame duck session has been extinguished as the bill failed in a 51-47 vote. (In order to pass, the bill needed 60 votes.) The Defense Department and other key federal agencies consider […]
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Since stricter regulations were imposed in 2009, the healthcare industry’s track record on patient data protection and security has made very little improvement according to the latest study from Health Information Trust Alliance (HITRUST)1. The study reports that from 2009 to the first half of 2012, there have been 495 medical data breaches involving 21 […]
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Human errors are the most common threats to exposing a person’s personal information to data breaches according to an analysis of reported data breaches by Rapid7, a security intelligence company. Rapid7 compiled the data breach information for the report based on the number of reported public information data breaches from January 2009 to May 2012 […]
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According to EMC’s November 2012 fraud report, online holiday shopping is projected to account for 24% of the year’s total e-commerce sales which is good news for retailers and unfortunately, it can also be good news for online con artists. If 2012 is anything like 2011, retailers will need to increase their data protection and security […]
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Now that your data breach response plan is in place and you’re confident that your company is safeguarded from malicious data breach attempts, what can possibly be still the biggest threat to your data breach protection plan? Answer: the plan itself. All the planning and preparation in the world won’t protect your business from a […]
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December is not only the shop ‘til you drop season, it’s also National Identity Theft Prevention and Awareness month, reminding retailers and businesses that they need to not only protect themselves from a data breach but also make their employees aware of identity fraud scammers who target seasonal help. According to the Federal Trade Commission, […]
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We’re all familiar with well-known causes of data security breaches and identity fraud; phishing, malware attacks, and lack of cyber security protection are some of the most popular. A lesser-known but just as lethal culprit in the world of data breaches is surprisingly, a person’s typing skills due to the fact that a simple typo […]
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