http://www.darkreading.com/insiderthreat/security/government/showArticle.jhtml?articleID=220301087
While this article addresses the topic of insider threats from the perspective of a financial institution, it is quite revealing as this threat is one that makes any business vulnerable. The surveys that are cited are drawn from interviews with managers, which means it represents statistics of "known" cases only.
Any business that handles sensitive information of any kind must understand that, while security may be costly, it is still a fraction of the cost associated with the loss of a customer.
Wednesday, October 28, 2009
Monday, October 19, 2009
HHS website dedicated to prevention of Medical ID Theft
http://www.stopmedicarefraud.gov/
The Department of Health and Human Services launched a web site to educate professionals and consumers on the risks of medical identity theft and suggests ways to prevent it. This type of identity fraud has largely gone unmeasured by recent identity theft studies, but some insurance fraud professionals put the number at $25 billion annually, which is an additional 50% of the reported fraud loss from other types of identity theft. Big number!!
The reason it is so difficult to attain an accurate number is because most measurements revolve around victim surveys. Well, medical identity theft can go undetected for many years and victims usually don't realize that they are victims until unpaid medical bills find their way to the credit report.
Check out the link above for tips on protecting yourself and your family.
The Department of Health and Human Services launched a web site to educate professionals and consumers on the risks of medical identity theft and suggests ways to prevent it. This type of identity fraud has largely gone unmeasured by recent identity theft studies, but some insurance fraud professionals put the number at $25 billion annually, which is an additional 50% of the reported fraud loss from other types of identity theft. Big number!!
The reason it is so difficult to attain an accurate number is because most measurements revolve around victim surveys. Well, medical identity theft can go undetected for many years and victims usually don't realize that they are victims until unpaid medical bills find their way to the credit report.
Check out the link above for tips on protecting yourself and your family.
Friday, October 16, 2009
Stolen Laptop Compromises 800,000 doctor identities
http://www.chicagotribune.com/business/chi-thu-notebook-1015-oct15,0,4209340.story?obref=obnetwork
This is yet another all-too-common data breach event. According to the story, the thieves appeared to be more interested in vandalism and perhaps stealing a few electronic items. Well, if they still have the laptop, they now know there is nice bonus included in this job! It is true they probably had no idea they were stealing such valuable information, but they do now.
Question: Does this type of notification and follow up news story actually put those compromised identities at more risk??
This is yet another all-too-common data breach event. According to the story, the thieves appeared to be more interested in vandalism and perhaps stealing a few electronic items. Well, if they still have the laptop, they now know there is nice bonus included in this job! It is true they probably had no idea they were stealing such valuable information, but they do now.
Question: Does this type of notification and follow up news story actually put those compromised identities at more risk??
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