[Dataloss] Financial Firms Losing Data

lyger lyger at attrition.org
Tue Sep 26 13:29:45 EDT 2006


(Since I know Chris wouldn't do this himself...) ;)

http://www.darkreading.com/document.asp?doc_id=104574&f_src=darkreading_section_296

SEPTEMBER 26, 2006

Which would be more likely to suffer data theft, a university or financial 
institution?

If you've been reading the news lately, you probably said "university." 
But in New York, it's a different story. Nearly half of the 64 data breach 
incidents reported in the state between March and May of this year were by 
financial institutions and insurance companies -- not educational 
institutions, according to a researcher who's gathering the data. Only 
three of the 64 incidents were reported by schools, he says.

Interestingly, most of the financial institutions' breaches weren't driven 
by hackers, says Chris Walsh, an information security architect who is 
independently researching breach trends using data from New York. "About 
two thirds of them reported a lost computer, and that's not counting lost 
tapes."

[...]


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