Data Theft

Organized crime has been known as a group responsible for trading in stolen, personally identifiable information. The recent 2010 Verizon Data Breach Investigations Report reports that organized criminals were responsible for 85% of all data breaches caused by external agents. As a whole, data breaches caused by external agents comprise 70% of all data breaches, and 98% of all record compromised. Statistics, analysis and recommendations pepper the 66-page report.
Continue Reading Tony Soprano Goes Into the Business of Stealing Personal Information

Judge Legrome D. Davis of the United States District Court for the Eastern District of Pennsylvania issued an amended order on March 9th (amended from March 8th) dismissing a recent case seeking speculative damages arising from a data breach of Aetna’s job application web site.
Continue Reading Aetna Wins Dismissal on “Increased Risk of Identity Theft” Damages Sought for Class Action

The AP is reporting that Customers having Swiss bank accounts with HSBC between late 2006 and early 2007 had their account information stolen by a former IT employee of an HSBC. CBS News, also publishing an AP report, is stating that the number is 15,000 customers, although the 24,000 number appears to be a later publication time. Customers affected are worldwide in scope.
Continue Reading HSBC Reports Information of 24,000 Account Holders Stolen