New York Lost $1 Billion Fending Off 900 Data Breaches Last Year
Woof. Those numbers were driven in large part by the massive Target breach as well as those of Sony and Living Social, and they point to the fact that hacking is the leading problem. The report shows that hacks were responsible for 40.78% (2,009) of all New York-related data breaches from 2006-2013, which resulted in 63.3% of all personal records that were exposed.
Next in line was lost or stolen equipment or documentation (23.69% of breaches) followed by accidental leaks (20.24%) and insider wrongdoing (10.37%).
This is a problem that is getting worse. According to the report, the number of data breaches in New York tripled between 2006-2013. Schneiderman’s report advocated some solutions:
“It’s clear that a broad, concerted public education campaign must take place to ensure that all of us – from large corporations, to small businesses and families – are better protected,” he said. “Moving forward, I will advocate for collaboration between industry and security experts to ensure that organizations across the state and country have access to the tools needed to secure our data, so we can best address this complex and growing problem.”
Whatever measures are enacted, they’re desperately needed; data breaches aren’t going to abate any time soon.