data theft News

More Businesses Fear Losing Data than Getting Hacked, Survey Shows

Losing data strikes more fear in businesses than getting hacked. A survey released today by San Francisco, Calif.-based Wells Fargo Insurance shows 47 percent of mid-sized companies were concerned with losing private data compared with 26 percent worrying about hackers …

Expert Gives Agents C- on Understanding of Cyber Insurance

Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft. Goodman assigned a grade of C- when asked to assess the average …

Some Sage Customers Open to Data Breaches Because of Their Own Lax Security

Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed online. The British financial …

Data Theft by Employees Affects 69% of Businesses: Accenture Survey

As businesses spend billions of dollars a year trying to protect their data from hacking that’s costing trillions, they face another threat closer to home: data theft by their own employees.  That’s one of the findings in a survey to …

Data of Nearly 2,000 Customers Stolen by Florida Vacation Firm Worker

An employee at a Florida company that offers promotional vacations has been charged with stealing reservation documents and then selling the credit card information of more than 1,855 customers to two other people, Orlando police detectives said July 20. Preferred …

Data Stolen on 900 Southern California Mental Health Patients

Authorities say personal information on 900 Los Angeles County mental health patients was stolen but it’s unclear if any of it was misused for ID theft. The Los Angeles Times reported documents with Social Security numbers, birth dates, medical and …

Secret Service: Cybercrime ‘Skimming’ Cases on the Rise in North Carolina

The U.S. Secret Service says “skimming,” a cybercrime which targets automatic teller machines and gasoline pumps and the people who use them, is on the rise in the Charlotte, N.C., area. The Charlotte Observer reports that the Secret Service reports …

Over 1M Mass. Residents Had Personal Data Compromised in 2013: Report

Over a million Massachusetts residents had their personal information compromised last year, according to a new report issued today by the state’s Office of Consumer Affairs and Business Regulation (OCABR). The largest data breach in 2013 was reported to OCABR …

Stolen Laptop Contained Data on S.C. Health Insurance Pool Members

A laptop stolen from an auditor’s car contained the personal information of more than 3,400 members of the South Carolina Health Insurance Pool, an attorney hired by the pool told The Associated Press on Monday. The password-protected laptop, stolen Oct. …

Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses

Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing exposures related to cyber crime connected to business bank accounts. “Technology …