Data Breaches

An estimated 32.8 million hours of interaction will be required by the healthcare industry to comply with the privacy and security rules of the Health Insurance Portability and Accountability Act (HIPAA), of which 619,000 hours are considered a “new burden” associated with the HIPAA omnibus final rule published by the The U.S. Department of Health and Human Services (HHS) Office for Civil Rights in September of this year. According to the data...

In the InfoWatch Global Data Leakage Report for 2012, 934 confidential information leaks were recorded and reported in the media worldwide, up 16% over the previous year. These leaks compromised 1.8 billion records and caused direct losses more than $37.8 million. While it should be of note that accidental leaks is decreasing, “organizational procedures” in area such as handling of hard copy documents, user access and data management (including endpoint...

Information is Beautiful recently put together a visual representation of the World’s Largest Data Breaches, created in such a way that you can manipulate the visual by type of organization, method of leak, sensitivity of data, and year. You can instantly see changes to the visualization based on your desired filters – an amazing way to help distill data breach figures into a useful picture of the problem. Looking...

Data Breaches have evolved in the past 10 years. It’s hard to imagine that just 10 years ago, data breaches were just emerging as a threat to businesses. Fast forward 10 years and data breaches are one of the top threats affecting businesses, with the form of data breach constantly evolving as more data is stored, transported and accessed. To put the evolution of data breaches into perspective, ID...

The Ponemon Institute and Symantec recently released the 2013 Global Cost of a Data Breach study indicating that the cost of a data breach went up from $130 per lost record to $136 per lost record. The total cost per data breach was the $5.4 million in the US, the highest cost of all countries surveyed. According to the data, a lost or stolen device adds an extra $8 per record to...