The other day I linked to reports indicating that card fraud was down 56% in Cape Town and 20% in the U.K. this year. Now an article I saw this week on Inside Retailing cites Visa reports that counterfeit credit card fraud is down 45% in Australia this year. Another article, this one on International…
Category: Commentaries and Analyses
Easy Numbers for ID Theft, Tossed Around by the Military
Matt Richtel reports: The government warns Americans to closely guard their Social Security numbers. But it has done a poor job of protecting those same numbers for millions of people: the nation’s soldiers, sailors, airmen and Marines. […] That is the conclusion of a scathing new report written by an Army intelligence officer turned West…
Wikileaks Cablegate: Time to Blame the Victim?
Paul Roberts writes: The Pentagon says the leak of diplomatic cables was an unforeseen consequence of its policy to encourage information sharing. That’s nonsense. When it comes to its failure to protect classified data, Uncle Sam’s been warned before. […] It was an act of almost total malfeasance, the responsibility for which lies squarely in…
Credit Cards At Risk from High-Tech Pickpockets?
Oh yeah, those RFID chips are really improving security. It’s supposed to make paying for things faster and easier – just wave your credit or debit card over a scanner and you’ve paid. But now some worry that radio frequency identification (RFID) technology is also making it easier for crooks to rip you off. Security…
Lost Laptops Cost Billions
Thomas Claburn reports: Businesses are losing billions of dollars annually as a result of lost and stolen laptop computers, a new study shows. Representatives from Intel, which sponsored “The Billion Dollar Laptop Study,” and the Ponemon Institute, which conducted the study, announced their findings at a media event in San Francisco on Thursday. The 329 organizations surveyed…
Lessons from the Most Interesting Data Breaches of 2010
Noa Bar-Yosef writes: As 2010 closes, we are given a chance to reflect on the past year of breaches. But something interesting has occurred which will surprise many: there has been a 93.7% drop in the volume of data stolen from 2009 to 2010. An analysis from the Privacy Clearinghouse, a public database which records…