News

781 data breaches in the US within a year

Friday 15 April 2016 11:44 CET | News

According to the Identity Theft Resource Center (ITRC) data breach is one of the biggest threats facing businesses in the US.

Breaches over the past few years at companies like Sony, Target, Home Depot, and Anthem have grabbed headlines and exposed the personal details of millions of people. In 2015, there were 781 US data breaches and the risk is predicted to grow exponentially.

There are also hard internal costs. After the breach at Sony, for example, the company paid USD 8 million in damages to its employees for identity theft, compromised personal information, as well as the resulting legal fees. Protecting big data, privacy, and your staff means keeping information secure and taking a measured response if an incident occurs.

As listed by the ITRC, hacking topped the list, followed by ‘employee error/negligence’ and ‘accidental email/Internet exposure’. One survey found that ‘burdensome, complex, and ambiguous information security requirements’ can put a lot of pressure on employees, which makes them more likely to violate established information security policies. Other studies have found that people often use ‘neutralization techniques’, downplaying or ignoring certain values, as a means of justifying policy violations.

Experts advise companies to account for the human element in any data security planning. The also recommend companies to give employees the training they need, make data security part of their culture.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: data protection, data breaches, big data, Internet exposure, online security, identity theft, US
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events