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eight: 1px; overflow-x: hidden; overflow-y: hidden;">Lloyds of London now offers insurance to prepare for data losses
The world's gone digital... and there are ghosts and shadows everywhere you've been.
Digital Time Bomb Discovered: Copiers - LATEST threat to All Businesses, Military & Governments... take a look
Links to news clips: Clip 1, Clip 2
Headlines: “INDICTED” “LIABLE” “FAILED TO RECOGNIZE” “PREVENTABLE”
Stolen, Lost & Found HARD DRIVES force $49,000 - $7M direct expense... a PR & Sales nightmare.
Simply put, a $50 investment prevents a $50,000 hassle.
One of the most serious...challenges we face.
Cyber crime $8B / 2 years
St. Louis, NYSE, global shipping in Memphis, Silicon Valley... all need networks
E-commerce $132B / year
Cyber thieves trolling...the employee, hacker, organized crime, industrial spy, foreign intelligence...
- The President, East Room, May 29, 2009
Stolen computers drain companies, universities, and governments...
$50K - $120K - average direct expense per lost or stolen hard drive
12% - Stock Price Drop, after reporting lost drives
$25B, 127M records each year
The numbers are huge...
347M US records breached since 2005
1 Misplaced backup tape can easily have 1.3M records
Lloyds of London now offers insurance to prepare for data losses
The risk is high...
Memphis TN-MS-AR - 2nd most dangerous area (after Detroit)
Identity theft up 21% / year - Memphis & some southern cities among worst.
It’s your data, legally, Cradle to Grave & Hereafter
Definite Costs...
Liability - data breach, containment, detection, forensics, lost intellectual property, lost productivity, replacement, legal, consulting and regulatory expenses.
High risk industries - finance, accounting, healthcare, government, NGO’s, tech, law, engineering and design. Why? Because - Identities and Ideas Matter.
What's it take?
$50
10 seconds
Zero risk
Absolute destruction
Documented disposal
What happened to BCBST in TN?
$7,000,000 for 59 hard drives in an old office
Details below. Get More Information - Call Now (901) 828-2807!
$7M, 57 drives stolen, abandoned office, Fed & State requirements, notices, 700 contractors to analyze back-up tapes, BCSBT. - Chattanooga Free Times Press, 1/26/10
Average laptop loss $49,246, is mostly the lost data value. The data loss is highest with middle management. Senior exec’s - $28,449, Manager’s - $61,040. Encrypted hard-disk drive is valued at $37,443, non-encrypted - $56,165. Intel funded research. CNET News. 4/22/09
127M records, $25B direct losses, RSA security firm researcher - CRMbuyer.com 2/6/08
12% average stock drop following company data breaches WSJ 9/2006
Tapes are an overlooked risk
Lost data tapes - major US bank, credit card numbers, social security numbers, 1,200,000 federal employees, including senators. - MSNBC, 2005
1 stolen data tape - Ohio, social security numbers, private information of 1,330,000 individuals, businesses, Fed IDs, former state employees, tax payers. - privacy.org 9/11/07
1 stolen tape - Fortune 500 company, hundreds of identities, employees, dependents, retirees, banking - breachblog.com 7/18/08
University Medical Center, hard drive thefts, Newspaper reports, private patient information leaked to ambulance-chasing attorneys, hospital officials notify FBI late - Las Vegas Sun 3/5/10.
December 2010 data losses - 2 hospitals, 2 healthcare providers, and a city health department - privacy.org
347M records breached since 2005 - Privacy Rights Clearinghouse - 3/23/10
100M alleged breach caused by Netflix - 1/1/10 class action suit.
Lloyd’s of London has added insurance to hedge against the side effects of the growing risk from data thefts & US laws. - TMB Team, Lloyds.com
Individual identity theft complaints increase 21% per year - Memphis TN, Atlanta GA, Pine Bluff AR, St. Louis MO, New Orleans LA, among largest cities for fraud & identity theft. - FTC
Memphis TN-MS-AR - 2nd most dangerous crime area after Detroit.
Other “Most Dangerous” cities - Nashville TN, Atlanta GA, New Orleans LA, St. Louis MO, Jackson MS, Pine Bluff AR that are within Data Mulch’s On-Site Service Area.
Data Mulch manages projects to securely reclaim file rooms.
You can SEARCH, ACCESS, & BACKUP the new legal version of your old paper files.
As we already consult, review policy, and help organize file rooms; we are taking the next step in solving whole problems.
Data Mulch provides "Paper to Digital" scanning services. We transform file storage rooms, basements, warehouses, etc.
Data Mulch will manage the whole transformation from...
selecting the software,
leasing or purchasing the scanner,
hiring temporary staff, and
supervising the project
...to actually sealing the file boxes and ensuring completion of the project.
Data Mulch - file room management solutions and secure data destruction...
Follow up note: According to the Financial Times (January 2009), Google's attackers used the social networks to reach the friends of Key Employees & Board Members.
Secure Computer Disposal, at a higher level.
Data Mulch is expanding services to help office administrators:
Recapture your file room space
Archive file scanning
Interim Audio Visual Tech Support / Broadcast Engineer
Call (901) 828-2807 ask about cost+ pricing!
From various news reports...
"Google stands up to China's censorship demands." Interestingly enough, this stance may have been influenced by the analysis of last months alleged Chinese use of IE 6/7/8 security weakness to attack Google and others. According to the DC based consultant, the Google project manager, and McAfee; the attack was unique and sophisticated consistent with government attacks - well beyond the malware used in commercial attacks.
According to Microsoft, only IE 5 running on the old Windows 2000 does not have the same vulnerability. Microsoft says running 2003 and 2008 servers, XP, Vista (or 7), you can partially reduce the degree vulnerability of your data by running Protected Mode, Data Execution Prevention, Active X prompt, and Changing the zone to high.
In IT you have to be able to modify settings to work and let users work. Microsoft's response that essentially says their really old systems with lower encryption capability - that they pushed you to migrate away from - did not have the weakness of everything they have made since. Not a great PR response, since, the old version of OS and IE is vulnerable to thousands of threats addressed by the newer versions and security updates.
BBC article challenging the open social networking model as reducing personal privacy rights...
http://news.bbc.co.uk/2/hi/technology/8446649.stm
One of our favorite sites tracks the total number of records containing personal information involved in security breaches - Privacy Rights Clearinghouse.
2005 - 12/15/2009 the total is 341,773,015
This includes events like stolen or lost laptops, workstations; compromised access; server and web attacks; etc.
On a more personal level...
According to the FTC's reports, consumer complaints of identity theft and fraud complaints increase by 20% each year. The year 2009 is estimated to be about 1,450,000 events. The count of corporate and government data losses are not counted below.
Excerpt from the Executive Summary -
Consumer Sentinel Network Complaint Data
January – December 2008
- The Consumer Sentinel Network (CSN) now contains over 7.2 million complaints, and over 5.8 million do-not-call complaints.
- The CSN received over 1.2 million complaints during calendar year 2008: 52% fraud complaints; 26% identity theft complaints; and 22% other types of complaints. This year’s report is the first to include the other types of complaints.
- Identity theft was the number one complaint category in the CSN for calendar year 2008 with 26% of the overall complaints, followed by Third Party and Creditor Debt Collection (9%); Shop-at-Home and Catalog Sales (4%); Internet Services (4%); Foreign Money Offers and Counterfeit Check Scams (3%); Credit Bureaus, Information Furnishers and Report Users (3%); Prizes, Sweepstakes and Lotteries (3%); Television and Electronic Media (2%); Banks and Lenders (2%); and Telecom Equipment and Mobile Services (2%). The complete ranking of all thirty complaint categories is listed on page six of this report.
Identity Theft
- Credit card fraud (20%) was the most common form of reported identity theft followed by government documents/benefits fraud (15%), employment fraud (15%), and phone or utilities fraud (13%). Other significant categories of identity theft reported by victims were bank fraud (11%) and loan fraud (4%).
- Government documents/benefits fraud is now the second most common reported type of identity theft after credit card fraud. Fraudulent tax return-related identity theft, a subtype of government documents/benefits fraud, has increased nearly six percentage points since calendar year 2006.
- Electronic fund transfer-related identity theft continues to be the most frequently reported type of identity theft bank fraud during calendar year 2008, despite declining since calendar year 2006.
- Arizona is the state with the highest per capita rate of reported identity theft complaints, followed by California and Florida.
Check back often for news and updates from Data Mulch
