News

Data Breaches Up in First Half of 2008

Reported data breaches increased sharply in the first six months of 2008, jumping 69 percent compared to the same period last year, according to a study by the Identity Theft Resource Center (ITRC). Its findings are detailed in the 2008 Breach Report (available here in a PDF).

ITRC, a nonprofit organization that supports victims of identity theft, collected reports of 342 breaches of personal information that potentially exposed 16.8 million records in the first half of the year. The organization said it was an all-time high for reported breaches in a six-month period, and much of the exposed data was in electronic formats.

The largest offender so far this year was business (excluding financial services), which accounted for nearly 37 percent of breaches. Breaches at banking and financial services companies have been slowly increasing -- from 8 percent in 2006 to 10 percent so far this year -- but they are still at the bottom of the list. That figure reflects the strong regulations and security controls in the industry, according to Jay Foley, ITRC's executive director

Researchers culled the report's findings from ITRC's breach database, which gathers reports of incidents of exposed data that could be used for identity theft. The information is gathered from verified media reports and some state offices that maintain breach notification lists. Not all of the data was stolen, and not all of it has been used in identity fraud.

"I would say the predominant portion of this is from screw-ups, and the lesser amount is theft," Foley said. In other words, more personal data is being exposed due to carelessness than hacking.

The most common type of breach was the theft or loss of a laptop PC, thumb drive, personal digital assistant or other portable device; they accounted for 20 percent of incidents. Hacking was responsible for 12 percent, and exposure through inadvertent posting on a Web site accounted for 15 percent.

About the Author

William Jackson is the senior writer for Government Computer News (GCN.com).

Featured

  • Nebula

    Ahead of AGI, Microsoft and OpenAI Redefine Their Partnership

    In a recapitalization announced Tuesday, OpenAI has launched a new public benefit corporation (PBC) called OpenAI Group, giving Microsoft a 27 percent ownership stake valued at approximately $135 billion.

  • Veeam Acquires Securiti AI To Unify Data Resilience and AI Security

    Veeam Software is making a strategic move into AI and data security by acquiring Securiti AI for $1.7 billion.

  • Microsoft Adds 'Mico' Virtual Assistant to Copilot in Major Fall Update

    In a significant feature update, Microsoft on Thursday said it is reshaping its Copilot AI platform with features that deepen user personalization and enable real-time group collaboration, among other perks.

  • Nutanix Partner Central Rolls Out To Boost Channel Engagement

    Nutanix on Wednesday launched a new platform, Partner Central, to give its channel partners a unified digital workspace for managing sales, tracking incentives and collaborating more effectively.