In the US more than 100 million computer-based records with sensitive information have been affected by data breaches since early 2005. These incidents will continue to increase as companies are forced to make them public knowledge.Often the information stored on stolen or lost computers is more valuable than the device itself. In addition, fear of liability, penalties or other negative repercussions will drive data recovery or remote data deletion technologies to mitigate risks associated with data security breaches.
Identity theft will rise and become more organized in cyber crime rings during 2007-08. However, the worst enablers of identity theft are often employers with lax security for data or sensitive information stored on computers. Although consumers often fear putting credit card information into forms on an unknown website for a transaction, it is more likely that someone they know or work with will actually use their identity or credit cards illegally. And more and more corporations are exposed in public for having put their employees or clients at risk.
Security managers, start communicating with IT and devise solutions to avoid your company becoming tomorrow's headline news!
