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Data Breaches Jump in 2007

It's no surprise to read an Associated Press story today that data breaches are up 4x according to one group's estimate. The problem isn't looking better in 2008:

The loss or theft of personal data such as credit card and Social Security numbers soared to unprecedented levels in 2007, and the trend isn't expected to turn around anytime soon as hackers stay a step ahead of security and laptops disappear with sensitive information.

Of course the TJX breach was the big loss of the year accounting for about half of all records breached. Other notable incidents include:

Besides TJX's problem, major 2007 breaches include lost data disks with bank account numbers in Britain, a hacker attack of a U.S.-based online broker's database and a con that spilled resume contact information from a U.S. online jobs site.

Getting accurate statistics on data breaches is difficult because of non-standardized reporting. The AP story cites 2 different groups that track data breaches, Theft Resource Center and Attrition.org, who acknowledge difficulties:

Both groups acknowledge many breaches may be missing from their lists, because they largely count incidents reported in news media that they consider credible. Media coverage has risen in part because of the growing number of states requiring businesses and institutions to publicly disclose data losses. Thirty-seven states, plus Washington D.C., now have such requirements.

Even without precise numbers we can get a sense of the trends on data breaches and it isn't looking good. A year from now the 2008 numbers may look even worse but without an obvious, big case like TJX, we may not know if there was a real jump or whether better reporting is the contributing factor.

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Dan Sullivan's Bio:

Dan Sullivan is a systems architect with 20 years of IT experience that includes engagements in enterprise security, application design, and systems architecture. His experience includes a broad range of industries, including financial services, manufacturing, government, retail, gas and oil production, power generation, and education. Dan’s security-related project work has ranged from requirements analysis for enterprise information security to designing and implementing security for database applications and enterprise portals. Dan has written about information security and other enterprise information management topics for Business Security Advisor, DM Review, Intelligent Enterprise, and E-Business Advisor. You can contact Dan at: dan_sullivan@realtimepublishers.net