Home » Industry » Data Breaches

Data Breaches

Data Breaches — We Should Focus on How, Not Who

In cybersecurity, knowing your adversaries’ techniques and tactics can help you better defend and prevent successful attacks. It’s an important part of your strategy.  But when attribution becomes the focus of the story, we risk not examining how an attacker was successful. Looking at a breach from a “whodunit” point of view makes for better headlines and helps sell threat ... Read More »

Data Breaches Could Cost UK Businesses 20bn Pounds

New regulations will significantly raise reporting and financial stakes for companies.  Two thirds of customers affected say they would cease doing business with an affected organization.  New figures reveal that mid-sized and large businesses could be in line for fines totalling £20bn if they fail to protect their customers from data breaches.  Companies that suffer a breach could face serious ... Read More »

Financial Services Firms Stare into the Abyss as Data Breaches Rocket

According to a Freedom of Information request by Egress Software Technologies, the UK Information Commissioner’s Office notched up 791 breaches in this sector between 2012 and 2014, including 585 in 2014 alone. The company has clarified that not all of these were security-related – the figure for data security issues was 158: Institutions reporting breaches in these years included Barclays, HSBC, ... Read More »

Equifax Personal Solutions Partners with H&R Block to Address Growing Threat of Tax Identity Theft

Assists Tax Services Industry Leader in Launching New Product, Tax Identity Shield, During Tax Identity Theft Awareness Week In 2013, 1.63 million taxpayers were victims of tax identity theft according to a report from the Treasury Inspector General for Tax Administration. In response to this increasing problem, Equifax Personal Solutions, a leading provider of credit monitoring and identity protection solutions ... Read More »

Experian Data Breach Resolution and BillGuard in Partnership

Experian and BillGuard collaborate to transform data breach response with launch of an active fraud surveillance and identity theft resolution offering ProtectMyID® now includes payment card fraud monitoring at consumers’ fingertips with the BillGuard mobile app With the explosion of payment-card data breaches last year, Experian Data Breach Resolution has enhanced its award-winning active fraud surveillance and identity theft resolution product, ... Read More »

The Problem of Identity Theft and What You Can Do About It

Almost a year ago, Target first revealed a data breach had compromised millions of its customers’ credit and debit card information. Since then, the news has been dominated by the discovery of new breaches, disasters collectively putting millions of consumers’ information at risk and every consumer on alert. This time around, consumers haven’t forgotten: according to TransUnion’s most recent consumer ... Read More »

Data Breach: Cyber Attack on JPMorgan Chase

JPMorgan cyber-attack hits 76m households and 7 million small businesses.  JPMorgan Chase said the names, addresses, telephone numbers and emails of 76m households – or just under two-thirds of the total households in America – were “compromised” in a cyber-attack on the biggest US bank by assets. The bank said in a regulatory filing on Thursday that there was “no ... Read More »

Data Security: Record Year for Data Breaches?

Experian Data Breach Resolution released a collection of educational resources for businesses with anecdotes and advice on how to prepare for and manage a data breach. Compiled based on the company’s history of servicing some of North America’s largest data breaches, the initiative packages key learnings from Experian’s behind-the-scenes support of more than 2,000 client breaches last year. This includes ... Read More »

Data Breach at UPS Store

The UPS Store announced  August 15th 2014 that 51 of its locations experienced a security breach that may have compromised customers’ personal information, including credit and debit card data. There are 4,470 UPS franchised locations throughout the U.S., so the breach affected roughly 1% of stores. A list of the stores (the 51 locations are in 24 states) that experienced the ... Read More »

Data Breaches: UK Police in the Dock

If you are looking for culprits of data breaches in the information industry it is generally the wrong place to look.   Try the police:   More than 300 police staff and officers – including high-ranking officials – have either resigned or been sacked since 2009 for illegally accessing personal data on the police database, according to the UK Information ... Read More »

Data Breaches and Financial Performance: Lessons Learned from Target

In December we reported the data breach at Target, a US based retailer impacting 40 million customers.  In the meantime the company announced that 70 million of its customers would be at risk. The company stated that as part of Target’s ongoing forensic investigation, it has been determined that certain customer information — separate from the payment card data previously ... Read More »