Identity theft Resource Center tracks the data breaches reported by various organizations, recently they published their year end summary. They report that the number of data breaches increased by 47% over the last year. The full report is here.
Of course, there is a huge increase in theft and while lot of this could be attributed to increase in organized theft, I strongly believe that majority of these breach disclosures are necessitated by various regulations.
Speaking of data breaches, here is a chilling account of credit card theft and the underground economy. At the end it may seem like a movie plot but it is a true image of what's happening out there.
1 comment:
You are correct that the new regulations forces organizations to report breaches.
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