Q&A with Experian® Data Breach Resolution Vice President, Michael Bruemmer. The Ponemon Institute recently released a survey report—‘‘The Aftermath of a Mega Data Breach: Consumer Sentiment’’—sponsored by Experian Data Breach Resolution. Bloomberg BNA Privacy & Security Law Report Senior Legal Editor Donald G. Aplin posed a series of questions on the findings in the Ponemon report to Michael...

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No matter how diligent your organization is about cyber security, it never hurts to take a second – or even third and fourth – look at what you’re doing to secure vital data and systems. With so many of us in a spring cleaning mindset at this time of year, now is a good time to review your cyber security measures. Of course, larger companies entrust their IT teams to take care of hardware and software, firewalls and...

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When a data breach occurs, laws and industry regulations, dictate when and if you need to notify consumers whose data might have been compromised. However, many consumers would also probably argue that you’re morally obligated, to notify them of data loss; they want you to tell them of the breach and to do so in a courteous, straightforward manner. Because of this, notification letters are an integral piece of a firm’s...

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With the first quarter of 2014 drawing to a close, now is a good time to review data breach news from the past four months and consider what that information may indicate about the state of cyber security in American businesses. As of March 21, 2014, 191 data breaches had been reported, according to the Identity Theft Resource Center, which tracks such statistics. Those breaches exposed more than 4.2 million records, the...

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As we approach the end of the 1st quarter of 2014 , small-business owners juggle a host of operational and financial objectives. Resolving to improve cyber security should be paramount among them. Cyber security risks continue to grow across all industries, regardless of an organization’s size. Data shows that being small won’t protect your company from attacks such as business identity theft, fraud or an intentional...

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Private and public businesses are favored targets for hackers; in fact, in 2012, businesses accounted for more than a third of all data breaches in the U.S., according to the Identity Theft Resource Center (ITRC). Perpetrated against companies large and small, these breaches compromised more than 4.6 million records. Research by the Ponemon Institute indicates the number of data breaches continues to grow, yet businesses...

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With over 870,000 medical records exposed in data breaches in just the first quarter of 2013, medical data breaches have become a source of chronic pain for healthcare organizations   Adding to this complexity is the HIPAA Omnibus Final Rule.  For additional resources to help you accelerate your healthcare data breach resolution, click the image...

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Outsourcing can be risky business. The Ponemon Institute reports that 65% of companies who outsourced work to a vendor have had a data breach involving consumer data and 64% say it has happened more than once.  Their study, Securing Outsourced Consumer Data, sponsored by Experian® Data Breach Resolution also found that the most common cause for breaches were negligence and lost or stolen devices. Despite the gravity of...

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Bank employees have recently usurped their customers as the preferred target of cybercriminals in the financial industry according to the FBI and other finance member organizations who last month issued fraud alert warnings to banking institutions.  The latest data breach trend by cyberthieves is to use hacking methods such as spam, phishing, keyloggers and remote-access Trojans to intercept bank employees’ login...

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