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Data Breaches

Keep the Date: BIIA 2017 Biennial Conference Bangkok, Thailand October 18 to 20, 2017

BIIA invites business and credit information industry professionals to attend the BIIA 2017 biennial conference where we intend to discuss disruptive technologies  impacting our industry and the businesses of our customers.   Venue:  The Okura Prestige Hotel, Bangkok, Thailand    The conference will start with a Welcome Reception in the evening of the 18th October 2017.  The main conference sessions will ... Read More »

London Insurers Are Handling ‘hundreds’ Of Breach Claims

Insurance claims for data breaches are being made at a rate of more than one a day, figures from CFC Underwriting suggest. The London firm said that in 2016 it had handled more than 400 claims on cyber-breach policies it had issued. The main types of attack being claimed for were privacy breaches and the theft of cash with the massive amount ... Read More »

The One Billion Accounts Hack: Yahoo

Security researchers are disturbed that it took Yahoo three years to discover that details on more than 1 billion user accounts had been stolen in 2013. The breach suggests that someone, possibly a state-sponsored actor, had access to one of the largest email user bases in the world, without anyone knowing. The stolen database may have even included information on ... Read More »

Experian: What Will the Data Breach Landscape Look Like in 2017?

Experian Data Breach Resolution releases its fourth annual Data Breach Industry Forecast with five key predictions While many companies have data breach preparedness on their radar, it takes constant vigilance to stay ahead of emerging threats and increasingly sophisticated cybercriminals. To learn more about what risks may lie ahead, Experian Data Breach Resolution releases its fourth annual Data Breach Industry Forecast white ... Read More »

Forrester Research Brief: You Need an Action Plan for The GDPR

The General Data Protection Regulation Will Change The Way You Do Business in the EU.  Forrester Report by Enza Iannopollo published October 14, 2016 The EU General Data Protection Regulation (GDPR) will go into force on May 25, 2018. Every organization — regardless of its location — doing business with EU customers will need to make changes to its oversight, ... Read More »

Are Cyber Breaches The New Norm?

The first half of 2016 has seen 538 breaches identified; 60 percent of businesses losing valuable intellectual property and/or trade secrets; and approximately 13 million records exposed. The most significant fallouts from such highly publicised breaches have either been the resignation/firing of chief executive officers (e.g., the ones Target, Sony, US Office of Personnel Management), or else a limited show of consumer ... Read More »

LinkedIn Notice of Data Breach to Subscribers

BIIA reported the LinkedIn data breach incident recently.  In the meantime LinkedIn wrote in an e-mail to subscribers: “You may have heard reports recently about a security issue involving LinkedIn. We would like to make sure you have the facts about what happened, what information was involved, and the steps we are taking to help protect you. What Happened? On May ... Read More »

Data Breaches: UK SMEs Underestimate the Cost By 40%

Half of small businessesin the UK have no plan in place to deal with a data breach and are drastically underestimating the cost of managing one, according to Experian. Experian’s third annual data breach preparedness study reveals a worrying lack of understanding among SMEs regarding the true cost of a data breach, with estimates falling short by an average of 40%, which ... Read More »

TransUnion Launches New Division to Support Government’s Efforts Against Fraud, Data Breaches and Other Areas of Need

TransUnion announced the launch of its Government Information Solutions division. The new group provides fraud, benefit eligibility verification, identity authentication, data breach response, investigation services, and other key solutions to federal, state and local government agencies in the U.S. TransUnion’s solutions help both private and government sector organizations manage risk and reduce costs. Collections, Fraud, and Identity Authentication Support One ... Read More »

70% of Chief Data Officers now Report Directly to CEOs

The emergence of the Chief Data Officer (CDO) and other senior data professionals at board room level is transforming the use of data within large organizations.  This new ‘data force’ is driving innovation and differentiation, prompting a revolution of existing business models, improving communication with audiences and finding new efficiencies. According to the latest report from Experian, the second part ... Read More »