In recent years, both federal and state law enforcement officials have been finding ways to crack down on cyber crime. Based on the FBI, this kind of crime expenses organizations anyplace from $1 million to $52 million dollars per year. And also the averages are discouraging also. The typical price of a information breach to organizations reached $7.2 million in 2010, based on the Ponemon Institute.
The security and privacy research organization noted that in 2010, data breaches cost companies an average of $214 per compromised record. The Institute went on to say that the costs of data breaches have grown every year since it first began tracking them in 2006.
The FBI has staged several sting operations this year to try to round up the men and women that have been involved with large scale data security breaches. Back in July, FBI agents rounded up 16 men and women in nine states for alleged activity with the international hacking group known as Anonymous. The activities ranged from distribution of denial of service (DdoS) attacks and hacking into systems to steal thousands of confidential documents and files pertaining to planned product roll outs and pricing.
This kind of sting operation would lead one to think that law enforcement is on the trail of numerous cyber criminals and are actively pursuing the perpetrators. Nevertheless, numerous really feel this really is not accurate. Lately, the telecommunications business, Verizon released a report that suggests that prosecutors and police have really curtailed some of their activity within the region of cyber crimes and might not have the ability to commit resources to pursue criminals in light of spending budget cuts and reductions in staff. Some methods of thwarting cyber crime is through the use of hardware authentication.
The report shows that the total number of records compromised through data breaches across the combined case load of Verizon and the United States Secret Service declined from an all-time high of 361 million records in 2008 to 144 million records in 2009 to 4 million records in 2010. The report attributes the decline to investigations, arrests and prison sentences that law enforcement agencies have made around the world.
Whilst the Information Breach Investigations Report notes the decline in compromised records, it does not declare a victory. Actually, the report indicates there had been much more information breaches in 2010 than in prior years; it is just that the quantity of information that was compromised within the breaches declined. It also states that following a significant investigation or arrest, cyber criminal organizations are fast to alter their tactics to evade detection.
The security and privacy research organization noted that in 2010, data breaches cost companies an average of $214 per compromised record. The Institute went on to say that the costs of data breaches have grown every year since it first began tracking them in 2006.
The FBI has staged several sting operations this year to try to round up the men and women that have been involved with large scale data security breaches. Back in July, FBI agents rounded up 16 men and women in nine states for alleged activity with the international hacking group known as Anonymous. The activities ranged from distribution of denial of service (DdoS) attacks and hacking into systems to steal thousands of confidential documents and files pertaining to planned product roll outs and pricing.
This kind of sting operation would lead one to think that law enforcement is on the trail of numerous cyber criminals and are actively pursuing the perpetrators. Nevertheless, numerous really feel this really is not accurate. Lately, the telecommunications business, Verizon released a report that suggests that prosecutors and police have really curtailed some of their activity within the region of cyber crimes and might not have the ability to commit resources to pursue criminals in light of spending budget cuts and reductions in staff. Some methods of thwarting cyber crime is through the use of hardware authentication.
The report shows that the total number of records compromised through data breaches across the combined case load of Verizon and the United States Secret Service declined from an all-time high of 361 million records in 2008 to 144 million records in 2009 to 4 million records in 2010. The report attributes the decline to investigations, arrests and prison sentences that law enforcement agencies have made around the world.
Whilst the Information Breach Investigations Report notes the decline in compromised records, it does not declare a victory. Actually, the report indicates there had been much more information breaches in 2010 than in prior years; it is just that the quantity of information that was compromised within the breaches declined. It also states that following a significant investigation or arrest, cyber criminal organizations are fast to alter their tactics to evade detection.
About the Author:
Oliver David contributes to a blog on Lok-it.net and other sites on subjects like flash drive reviews.
0 comments:
Post a Comment