Tuesday, July 12, 2005

2005:Year of the data breach

#103 To date, 2005 has been full of holes. Security holes, that is. Whether it’s missing Social Security numbers of 1.2 million federal workers, alumni information for 120,000 Boston College graduates or 40 million credit card numbers hacked by criminals, the year has been dubbed, “The year of the data breach.”

A Washington Post report states that close to 50 million accounts have been exposed to the possibility of identity fraud since January, and experts agree that these crimes are not new, but due to new legislation, we’re told more than we have been in the past.

The blame is being put squarely at the door of poorly designed software, inattention to data security and an underappreciation of the problem by top management in corporations and other institutions.
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