Archive - Apr 28, 2016

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Apr 12, 2016 - ABC News Report: Data Breaches Bigger, Worse Than You Think In addition to 9 “mega-breaches” of personal data in 2015, tens of millions of personal records were likely exposed or stolen the same year but went unreported because the companies or entities involved chose to keep the size of the breach a secret, The report from California-based Symantec said that the number of companies that refused to report the scope of a data breach jumped by 85 percent last year, what one senior Symantec officer said was a “disturbing trend.” Some 429 million personal records were exposed in 2015 -- many of them through mega-breaches like the Office of Personnel Management hack and one that reportedly hit a huge voter database -- but that number is only based on entities that shared the scope of the breach. Symantec estimates that the real number of exposed or stolen records, including those that went unreported, likely tops half a billion. Senior Vice President at Symantec told ABC News that the research shows cyber-crime has moved on from its “start-up phase.” “As a growth business, these guys have figured out how to make money,”

Growing business has moved on from its “start-up phase.”
A “disturbing trend - a market has evolved to meet demand.”  read more »