Posts Tagged ‘ Identity Theft ’

How data breaches harm reputations

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. [ READ MORE ]

Data breaches don’t take a holiday at the arcade

A recent data breach discovery serves as a reminder that even when you’re on vacation, cyber criminals never sleep.[ READ MORE ]

Holiday travel without data leaks

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. [ READ MORE ]

Honoring veterans by protecting their identities

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.[ READ MORE ]

What consumers should know about data breach notification

It can be unnerving to be told that your information has been compromised in a data breach. The uncertainty of not knowing all the details and the anxiety over what information has been exposed is deeply troubling to many consumers. A breach notice makes us aware of a new risk to our lives that we can’t measure easily.[ READ MORE ]

Your biggest data breach risk may be on your payroll

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. [ READ MORE ]

8 insights into the underground fraud economy

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. [ READ MORE ]

A billion dollar crime that needs an urgent response

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.[ READ MORE ]

Data security law in 2011: States remain the center of attention

While state laws requiring “reasonable” data security have had a positive impact, data breach notification laws have had the most profound effect on the improvement of data security. These laws have motivated companies – through negative incentives – to improve data security to avoid publicity, embarrassment, and the risk of notification. [ READ MORE ]

10 ways that breaches burn business

Don’t let your bottom line go up in flames: understand how security breaches impact your business and take aggressive action to avert disaster.[ READ MORE ]