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Data Loss covers large-scale personal data loss and theft incidents. This archive combines the main list (news releases) and the discussion list.

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Don’t worry about getting hacked. Worry about getting socially engineered. Audrey McNeil (Oct 22)

This fall has seen a rash of private data leaks so intimate, so invasive,
that a sort of moral panic has erupted over personal computer security.

First, a boatload of female celebrities learned that their private, nude
photos had been stolen. Then the perpetrators went after girls on Whisper.
Now, as the...

October Is Cybersecurity Awareness Month Audrey McNeil (Oct 22)

October is the 11th annual Cybersecurity Awareness Month. Yes this is the

How many organizations still treat cybersecurity has they did 11 years ago?
How about five years ago? Or even as a year ago? Shockingly, most companies
are still relying on outdated, only partially effective methods.

While buildings are smarter and more connected than ever before,...

Internal Audit Should Play Bigger Role in IT Audrey McNeil (Oct 22)

The rise of emerging markets, rapid shifts in information technology,
privacy, cybersecurity, changing consumer and market demands, rapid shifts
in global laws and regulations and heightened investor pressures have
produced a new environment of uncertainty, complexity and risk.

Faced with those new realities, management, audit committees, boards, and
other stakeholders...

ATM Malware Attacks Spreading Audrey McNeil (Oct 22)

Just a week after the international police organization Interpol issued an
alert warning that criminals may soon use malware against ATMs around the
world, a new report from theEuropean ATM Security Team says at least 20 ATM
malware incidents have been reported by a single unnamed ATM deployer based
in Western Europe.

This latest development comes after a report earlier this...

South Korea at a crossroads with ID card, data theft losses Audrey McNeil (Oct 22)

After an avalanche of data breaches, South Korea's national identity card
system has been raided so thoroughly by thieves that the government says it
might have to issue new ID numbers to every citizen over 17 at a possible
cost of billions of dollars.

The admission is an embarrassment for a society that prides itself on its

Does Your Cyber Risk Policy Protect You In the Event of an Insider Attack or Data Breach? Audrey McNeil (Oct 22)

Protecting a company against data breaches requires not only measures to
prevent the adverse cyber event, but also adequate insurance to minimize
the financial impact should such an event occur. Unlike traditional lines
of insurance for which there is substantial uniformity among the coverage
available in the marketplace, the evolving market for data security and...

JPMorgan CEO Says More Should Be Done About Cyberattacks Audrey McNeil (Oct 22)

JPMorgan Chase's CEO Jamie Dimon says that more coordination between
businesses and government is needed to combat the rising threat of

New York-based JPMorgan said earlier this month that a breach of its
computer systems this summer compromised customer information pertaining to
roughly 76 million households and 7 million...

Cybercrime: The Next Entrepreneurial Growth Business? Audrey McNeil (Oct 21)

Cyberspace is constantly evolving and presenting organizations with new
opportunities, as the desire of businesses to quickly adopt new
technologies, such as using the Internet to open new channels and adopting
cloud services, provides vast opportunity. But, it also brings
unanticipated risks and inadvertent consequences that can have a
potentially negative impact.

Hardly a day goes by...

Businesses should not need to publicise personal data breaches if data is encrypted, say EU ministers Audrey McNeil (Oct 21)

Ministers in the Justice and Home Affairs Committee of the EU's Council of
Ministers backed the plans as part of a wider partial agreement reached
last week on reforms to EU data protection laws (
44-page / 491KB...

How to comply with the new EU Data Protection Regulation Audrey McNeil (Oct 21)

For the first time in many years, the European Commission is reevaluating
the European Union's data protection regulations.

While technology has moved on, the current regulations have remained
stagnant and woefully inadequate to protect an individual's or an
organisation's data.

Aside from...

Is your firm the next Target? Cyber Liability Risks and Mitigation Tips Audrey McNeil (Oct 21)

It seems like every morning Americans wake up to the news of major date
breach. First Target then Home Depot and now mid-size to small companies.
It appears this is the new wave of liability for all businesses including
law firms. There is yet to be much case law in terms of liability damages
against law firms, but what most...

Business data breaches driving up demand for cyberinsurance Audrey McNeil (Oct 21)

When Robert Morris' grandfather co-founded the Rampart Group insurance
brokerage 50 years ago, the priority for most of his business clients was
making sure they had adequate fire insurance, and insurers checked to make
sure their clients' office and factory buildings had the right firewalls.

Now, Rampart Group's biggest clients are concerned...

Cybersecurity Hits the Boardroom Audrey McNeil (Oct 21)

When we asked state IT professionals to rank their priorities for the next
two years, one issue stood far above the rest: cybersecurity.

Given the seemingly endless parade of high-profile attacks, their concerns
are understandable. This year began, of course, with Target reeling from
the news that attackers had stolen credit card information for some 40
million of the...

Small group of Russian 'kingpin' hackers responsible for majority of cyber attacks, Europol says Audrey McNeil (Oct 20)

Europe's criminal intelligence agency, Europol, estimated only 100 kingpins
developed bugs, viruses and other destructive programs to sell to crime
gangs around the world.

But efforts to crack down on the syndicates were hampered by poor relations
between police in different countries.

Two major...

Cyber Security Woes Continue To Haunt Companies Audrey McNeil (Oct 20)

Sears Holdings Corp’s (SHLD) discount department store chain, Kmart, got
its name added to the list of companies molested by hackers this year. The
retailer claims to have lost debit and credit card data in a cyber breach
that is reported to have started in September. The company is yet to
discover the exact extent of the hacking incident.

Breaches in cyber...

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