Recent News

Companies now rank data breach risks greater than natural disasters

Companies now rank cyber security risks as greater than natural disasters and other major business risks according to a new study by Experian Data Breach Resolution and the Ponemon Institute. The report, Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age, is one of the first to examine corporate adoption and attitudes about the rapidly evolving cyber ... [Read More]

Posted by Downstream Data | August 21, 2013

Mishandled paper records account for 98% of the U.S. Department of Veterans Affairs data breaches

By Frank Konkel The leading cause of data breaches at the Department of Veterans Affairs continues to be paper-based records, according to VA Acting Assistant Secretary for Information and Technology Stephen Warren. Warren briefed reporters Aug. 8 on the data breach reports his agency submitted to Congress for April, May and June, and stated that while theft of electronic devices containing patient ... [Read More]

Posted by Downstream Data | August 9, 2013

U.S. Airways reports their second data breach‬ in 30 days

By Linzi Sheldon CHARLOTTE, N.C. — For the second time in 30 days, US Airways has reported a data breach of confidential information in North Carolina. The airline estimates it impacted nearly 500 customers in the Tar Heel state and 7,700 overall. US Airways first realized there had been a breach when customers noticed some of their frequent flyer miles were missing. Eyewitness News reported ... [Read More]

Posted by Downstream Data | August 8, 2013

IT pros aren’t concerned with losing their jobs or customers but the amount of work it will take to recover from a data breach

By Michael Lee IT professionals are less concerned with losing their jobs or their company customers than the amount of work it will take to recover from a data breach, according to a study undertaken by Stollznow for Imation. According to results from a survey taken in April and May, the top concern that IT professionals had when their organisation experienced a ... [Read More]

Posted by Downstream Data | August 5, 2013

Hackers steal identity information of more than 72,000 people at the University of Delaware

Written by Nichole Dobo The News Journal NEWARK, DEL. — A cyberattack on a University of Delaware computer system exposed more than 72,000 people to identity theft and could cost the school millions of dollars — and the full extent of the security breach hasn’t been determined. Hackers exploited a security flaw in Web-based software the university used and stole names, addresses, Social Security ... [Read More]

Posted by Downstream Data | July 31, 2013

Medical supply company files a lawsuit after employees shared customer info with a competitor

By Adam Greenberg, San Jose Medical Supply Co. in California has filed a lawsuit against former employees for allegedly disclosing customer information to two competitors, which it also is suing. How many victims? Unknown, but a San Jose Medical Supply Co. business blurb indicates the company serves thousands of customers. What type of personal information? Full names, dates of birth, Social Security numbers, ... [Read More]

Posted by Downstream Data | July 26, 2013

Five hackers are charged in the largest ‎data breach‬ in the U.S

By David Voreacos Four Russians and a Ukrainian were charged in what prosecutors called the largest hacking scheme in U.S. history, a break-in to computers of retail chains that included 7-Eleven Inc. and Carrefour SA (CA), the French retailer. U.S. prosecutors in New York separately indicted one of the five men and another Russian in a hacking scheme that targeted the Nasdaq ... [Read More]

Posted by Downstream Data | July 25, 2013

The proposed ‎data breach‬ law is “essential” to protecting Australians

OPINION The backlash by industry groups against long-overdue data breach reporting laws would be worrying if it wasn’t so predictable, says consumer advocate Teresa Corbin. If we are to believe industry lobby groups like the Association for Data-driven Marketing and Advertising (ADMA – formerly known as the Australian Direct Marketing Association), the government’s proposed laws to make organisations notify consumers of breaches ... [Read More]

Posted by Downstream Data | July 24, 2013