Personal Data Breach: Consumer Churn Rate Directly Tied To Infosec Events Is Significant.

A global study has revealed that personal data breaches lead to sizable numbers of customers to turn their back on companies.  This might not be news, but perhaps the figures are: 23% of the respondents affirmatively answered that they have stopped doing business companies that failed to properly safeguard their data.  All the more reason […] read more

More On TD Bank Data Breach Involving Backup Tapes.

Encryption software is not a magical cure-all for digital data woes, but it certainly can cut down on the risks of them coming to fruition.  Take, for example, the TD Bank data breach that I had blogged about earlier this month. In that particular case, computer tapes that contained Social Security numbers and other sensitive […] read more

Cost Of A Data Breach: South Korea’s FSS To Give Cautionary Warning To Samsung, Hana-SK CEOs.

South Korea’s Financial Supervisory Service (FSS, the peninsula’s financial regulator) is expected to hand out light sanctions to the CEOs of credit card companies that breached customer data, according to sources. According to people in the know, the announcement will be made on July 19, and the FSS will recommend a “cautionary warning” to Chi […] read more