Sunday, January 25, 2009

Data breaches


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:

Anonymous said...

You are correct that the new regulations forces organizations to report breaches.