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Wall Street & Technology December 12, 2007 Melanie Rodier |
Data Breaches Costly For Financial Firms Data breaches are costly for any company, but according to a 2007 study, the average total cost for an incident is much higher in the financial sector. |
Insurance & Technology February 6, 2008 Melanie Rodier |
Data Breaches Increasingly Costly, Especially in Financial Services As the number of data breaches reported annually continues to surge, the costs incurred by companies that report incidents also are increasing |
InternetNews March 9, 2011 |
Data Breach Recovery Getting More Expensive Report says the cost enterprises have to pay to fix security and restore operations after a data breach continue to grow. |
InternetNews February 2, 2009 Richard Adhikari |
Study: Negligence Causes Most Data Breaches A just-released study concludes that the cost of data breaches to businesses is rising from both internal negligence and the actions of third parties. |
CIO January 2007 |
Data Breaches Cost You More Data breaches continue to become more expensive. |
InternetNews January 26, 2010 |
Average Cost of Data Breach $6.75m in 2009 New study from Ponemon Institute and PGP Corp. shows rising costs for businesses associated with data breaches. |
Bank Technology News April 2007 Holly Sraeel |
In the U.S., Privacy Isn't Always Convenient, Or Wanted While banks nationwide wrestle to comply with state privacy and breach notification laws, the TJX phenomenon brings the issue of consumer privacy into sharper focus: If Americans are inconvenienced in any way, they'll forgo privacy. |
InternetNews December 5, 2007 Andy Patrizio |
How TJX Became a Lesson In Proper Security Retailers suddenly get religion about securing their networks when they see a $1 billion bill facing retailer TJX. |
CRM September 7, 2012 Dale Dabbs |
Protect Your Most Valuable Business Assets--Your Customers Optimal CRM incorporates data protection best practices to curtail identity theft. |
InternetNews March 29, 2007 David Needle |
Numbers Are Out on TJX Breach In an SEC filing, TJX Companies said a record-breaking 47.5 million customer records were 'stolen.' |
Managed Care November 2006 Ed Silverman |
Loss of Protected Patient Information Real Danger for Health Care Plans There are plenty of ways that confidential data can escape managed care organizations, and the consequences can be major. Can you trust your employees? |
InternetNews September 25, 2007 Stuart J. Johnston |
Report: TJX Security Was 'Inadequate' TJX is faulted for collecting too much information, keeping it too long, and not upgrading security systems quickly enough. |
InternetNews July 10, 2007 Roy Mark |
Many Breaches, Few ID Thefts Data breaches are frequent, but evidence of actual identity theft resulting from the breaches is limited, according to a new report by the General Accountability Office. |
PC Magazine July 10, 2003 Sebastian Rupley |
California's Two-Fisted Privacy Stance A new state identity-theft law actually extends far beyond the state. |
InternetNews April 28, 2010 |
Data Breaches Dent U.S. Corporate Coffers Regulations requiring U.S. companies to notify customers when their data has been compromised is taking its toll on corporate bottom lines. |
InternetNews January 12, 2007 Roy Mark |
Data Breach Law Back in Senate Businesses and government agencies would have to notify consumers under certain circumstances of data breaches under legislation introduced by U.S. Sen. Dianne Feinstein. |
Bank Systems & Technology November 20, 2008 Orla O'Sullivan |
Best Practices on Data Breaches The task of informing consumers of a breach falls on banks. How the institutions do that is key to how they will be perceived by their customers. |
Bank Systems & Technology March 5, 2010 Penny Crosman |
Most Banks Lack Key Data Privacy, Security Controls A Ponemon Institute study finds that while most financial services firms take some steps toward data security, many come up short in critical areas. |
InternetNews July 13, 2009 |
Report: 85 Percent of U.S. Businesses Breached A new report has a recommendation for organizations that fear a breach and the reporting requirements that go with it. |
Wall Street & Technology October 23, 2007 Melanie Rodier |
How Are U.S. Businesses and Lawmakers Responding to Data Breaches? Nearly 77 million individuals have been affected by data breaches so far this year. But even after suffering a data breach, many businesses failed to implement encryption solutions or seek legal counsel. |
U.S. Banker June 2007 Rebecca Sausner |
Cyber Security: Insurance Not Standard Yet, But Choices Abound Typical policies now offer a range of protections, as data breaches become more problematic. But at what point should premiums be spent instead on shoring up security? |
Bank Technology News May 2007 Rebecca Sausner |
Cyber Security: Data Breach Insurance Gains in Popularity As data breaches become more frequent, insurance policies offer a range of protections. But should money spent on premiums be spent on shoring up security instead? |
Wall Street & Technology June 18, 2007 Melanie Rodier |
US Businesses Still Lack Adequate Security to Protect Client Information Study shows 85% of midsize to large businesses spanning all industries reported data security breach, mostly due to stolen equipment. |
InternetNews March 17, 2006 Roy Mark |
Groups Slam Data Breach Notification Bill A U.S. House panel effort to write a national data breach disclosure law is running into fierce opposition by consumer groups calling the legislation the "worst data security bill ever." |
IEEE Spectrum August 2008 Prachi Patel-Predd |
Data Theft by Partner Companies on the Rise Data breaches involving trusted third parties -- business partners, vendors, suppliers, and contractors -- are alarmingly on the rise, according to a recent investigation by the security team at Verizon Business. |
CFO May 15, 2012 David Rosenbaum |
Costs of Data Breaches Drop In March, the Ponemon Institute, an independent research center that examines privacy, data protection, and information-security policies, reported the first decline in at least seven years of both the organizational cost of data breaches and the cost per lost or stolen record. |
Bank Systems & Technology May 1, 2006 Larry Greenemeier |
Growth Can Be Risky Business Most banks are expecting healthy growth over the next few years on the strength of their retail banking operations, according to a recent study. But are banks focusing enough on the issue of data security? |
The Motley Fool January 19, 2007 Rich Smith |
T.J. Minimum TJX's response to stolen customer data marks a new low in customer service. |
The Motley Fool November 2, 2007 Mary Dalrymple |
They Really Are Out to Get You You're not being paranoid about identity theft. Sometimes, although you do everything you're supposed to do to keep financial information secure, it still isn't enough. |
The Motley Fool January 31, 2007 Rich Smith |
T.J. Lax Customers of discount retailer T.J. Maxx may pay dearly for the way it handled mass identity theft. |
U.S. Banker March 2003 Melissa Solomon |
Is California Asking for Too Much Information? A new law is aimed at protecting customers from identity theft. The disclosures finance companies make could be embarrassing. Not telling could hurt even more. |
InternetNews June 18, 2009 Alex Goldman |
The Offline Vulnerability of Personal Data Organizations cannot substitute technology for common sense in the handling of personal information, warns a new report. |
InternetNews April 12, 2005 Tim Gray |
310,000 Exposed by LexisNexis Data Breach Company estimates data breach affected 10 times the U.S. residents as originally reported. |
CRM May 2015 Leonard Klie |
Data Security Should Be in Everyone's Job Description Protecting valuable customer information should begin in the contact center and end in the executive suite. |
CRM September 2012 Kelly Liyakasa |
Cracking the Code on Cyber Crimes Despite efforts to proactively protect customer data, computer intrusions and online fraud are on the rise. |
InternetNews July 10, 2009 Alex Goldman |
Calif. Heath Firms Claim 800+ Breaches in 2009 New laws prompt an overwhelming number of reported incidents of inappropriate data access. |
InternetNews January 21, 2009 Richard Adhikari |
Cyber Thieves Hit Payment Processor Heartland Experts warn that more attacks may be to come. Observers also say the breach highlights the current state of legislation regarding disclosure when data loss hits corporations. |
InternetNews July 9, 2010 |
Hackers Raid University of Maine's Servers The social security numbers and other personal data of over 4,500 students were compromised in the attack. |
CIO March 9, 2012 Stephanie Overby |
IT Service Providers and Customers Battle Over Data Breaches IT outsourcing providers and their customers are fighting hard over data security liability limits at the negotiating table, and the issue is going to get more contentious in the cloud. |
InternetNews April 16, 2009 Alex Goldman |
Security Lapses Aplenty Despite Growing Threats A study by Verizon Business's RISK team reveals some disconcerting shortcomings in companies' security. |
InternetNews August 18, 2009 |
Enterprise App Developers Use Insecure Data Credit card numbers, customer information, and even employee records are inadequately protected in development environments, according to a new report. |
InternetNews February 21, 2007 David Needle |
Security Woes Snowball For TJ Maxx TJ Maxx says last month's security breach finding was broader than originally reported. |
InternetNews January 7, 2011 |
ITRC Seeks Full Data Breach Disclosure With major data breaches on the rise, the Identity Theft Resource Center is urging the formation of a centralized, searchable repository for the public to keep track of what institutions have seen their information compromised. |
CFO January 1, 2006 John McPartlin |
Hackers Find Backers Large organizations should prepare themselves for more-clever and more-targeted attacks against their security infrastructures this year. Computer crime is now a game for professionals. Are companies prepared to respond? |
InternetNews November 16, 2007 Sean Gallagher |
Security Sweep Finds Retailer's Wi-Fi Networks At Risk A majority of the wireless network devices found at retailers are ripe for potential compromise, a recent survey by a wireless security firm has found. |
U.S. Banker June 2007 Holly Sraeel |
Accountability at Issue in Data Security Failings Enforcing stiffer criminal penalties is one way to hold merchants and data brokers more accountable. This is good news for banks. |
InternetNews April 5, 2011 |
Epsilon Data Breach Exposes Customer Emails Another high-profile data breach has occurred that could expose users to risk - what should you do to protect yourself? |
InternetNews February 22, 2007 Roy Mark |
Retailers to Hold Data-Breach Bag? Proposed legislation in Massachusetts would make retailers financially responsible for breaches of their databases that lead to consumer identity theft. |
InternetNews August 25, 2006 Michael Hickins |
Education Department Flunks on Security The Department of Education suffered an embarrassing breach over the past weekend when a site used to reimburse student loans allowed unauthorized access to the personal data of tens of thousands of registered users. |
InternetNews August 4, 2006 Roy Mark |
Data Breaches And Congress A roundup of where federal data breach security laws stand. |