Finally, a report that looks much more accurate with regard to how much identity theft costs the VICTIMS of a privacy breach. Most reported victim costs that I have seen in the past seemed much too low considering all the time that victims talked about trying to repair and recover from identity theft, and how much resources it took, the many years it often takes, and so on.
Posts Tagged ‘identity theft’
Average Cost of ID Theft Per Victim is $31,356
Wednesday, October 24th, 2007New FTC Report Provides Organizations Good Guidance For Protecting PII
Tuesday, September 18th, 2007Today the U.S. Federal Trade Commission (FTC) released a report, “Combating Identity Theft: Implementing a Coordinated Plan.”
Would You Be More Inclined To Work For A Company That Gave You Identity Theft Insurance As A Benefit?
Monday, September 17th, 2007Last year I had a couple of different identity theft insurance vendors contact me wanting me to endorse their products as they were trying to sell the packages to employers to offer to their employees as part of their total benefits packages.
PCI DSS and Identity Theft
Monday, July 23rd, 2007Over the past month or so I’ve been discussing the Payment Card Industry (PCI) Data Security Standards (DSS) with some of my information assurance practitioner friends and colleagues and what they’ve been doing to meet the requirements and accompanying challenges. I was thinking about some of the issues over the weekend.
Medical Identity Theft and Bill Requiring Criminal Background Checks In LTC Facilities
Tuesday, June 19th, 2007I have had relatives very close to me who, because of degenerative diseases and medical problems, have had to go to long term care (LTC) facilities. I always worried about the care they were receiving when I was not around. I worried that others would not be caring for them in a truly caring and kind way. I worried that people who had been convicted of violent crimes and financial fraud might try to take advantage of them and the others in the facility. I tried to keep a close watch on them.
Two U.S. Federal Data Protection Bills Approved: One May Actually Make It Through
Wednesday, May 9th, 2007It looks like we make actually get a federal data protection law, that includes breach notice requirements, this year. Such a law is long overdue; not only to protect personally identifiable information (PII), but also to help businesses to resolve their growing headaches involved with trying to comply with at least 36 state breach notice laws as well as dozens of other state level data protection and credit freeze laws, and multiple industry-specific data protection laws.
SMBs, Identity Theft & Insider Threat: Bad SMB Security Impacts Organizations of All Sizes
Wednesday, April 18th, 2007There are many articles written about the insider threat, several have been done, and often the focus is on large organizations where those employees with malicious intent are often either in positions of trust way down in the org chart, or the perpetrator is the person at the helm of the organization.
How Good are the Security Practices for “America’s Most Admired Companies 2007”?
Tuesday, March 6th, 2007Yesterday CNN reported the results of the FORTUNE 2007 survey of business people for the companies, in any industry, they admired most.
The rankings were based upon 8 key score areas:
