Wednesday, September 7, 2011
Data breaches cost organizations a staggering $156.7 billion over six years
http://ow.ly/6nDQo
An article posted on infosecurity.com, no author credit listed.
This article provides results from a study undertaken by the Digital Forensics Association. The study examined 800 million records, and spanned from 2005 through 2010.
The results of the study provided some interesting statistics:
"On average, these organizations lost over 388,000 people’s records per day/15,000 records per hour every single day for the past six years, according to the report, which studied 3,765 publicly disclosed data breach incidents from 2005 through 2010.
In 65% of the data breach cases, the data disclosed included the subject’s name, address, and social security number. In contrast, only 15% of the incidents disclosed credit card numbers, and 16% disclosed medical information. Medical disclosures saw a significant increase with the addition of the 2010 data."
There was also a 58% increase in criminal use of such data during the study period.
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