The Identity Theft Resource Center (ITRC) has compiled records of data breaches for the past 3 years. According to the data, 2008 has seen 69% more reported data breaches than the same period in 2007 (Jane 1-June 27). The breaches in 2008 involved almost 17 million consumer records, with another 40% of the breaches not reporting affected numbers. Lost laptops continue to be the top security issue.

Highlights from the 2008 Data Breach Report:

  • 2008 has seen 342 data breaches reported this year
  • One third of the breaches come from businesses (27% increase from 2007)
  • Full breach stats breakdown: 36.8% general businesses, 21.3% educational institutions, 17.0% government / military agencies, 14.9% health care facilities / companies, 10% banking / credit / financial services entities
  • Lost or stolen laptops / digital storage media are the most frequent cited cause of data breaches (>20%)
  • After data storage devices, data posted online & insider theft are the next two most reported causes of breaches
  • Nearly 40% of reported breaches did not disclose how many consumer records were affected

Though it is very likely that the actual number of breaches is higher due to underreporting, part of the increase in 2008 breaches may be due to an increase in reporting. Companies may be doing better audits to their own security measures as a result of better laws on data breach notification. Linda Foley, co-founder of ITRC, said it is difficult to say whether the numbers show an increase in breaches, an increase in reporting, or both. She said better state laws on data breach notification also might be encouraging more companies to audit their own security measures.

“Part of this may be that organizations are finding out about more breaches because they’re really starting to look for them,” Foley said. “The other part is that companies are coming forward because they want to control the flow and spin of the disclosure.

Download the 2-part report here:

A number of other 2008 reports are available, breaking down this information. Examples include reports on Accidental Exposure and Insider Theft.

Via washington post Tags: , , , , , , ,

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • del.icio.us
  • Digg
  • StumbleUpon
  • Technorati