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Stolen data demand puts risk in every swipe
(Ieva Augstums, The Dallas Morning News) As Consumers, companies, policy-makers and security experts grapple with the increasingly high-profile problem of mass data thefts, the question isn't where Consumer information is vulnerable, but where it isn't.
Data breaches occur nearly every day, from a variety of institutions in a variety of ways. In the last four months, 45 cases of exposed data have had the potential to affect about 50 million Consumers, according to the Privacy Rights Clearinghouse.
For many people, the stereotype is of a hacker sneaking account information from the computer network of a financial services company. That's what happened recently when someone penetrated CardSystems Solutions, a transaction processor, and exposed more than 40 million credit card accounts to potential fraud.
But an analysis of the 44 other breaches since Feb. 15 shows that usually isn't the case.
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