Anatomy of a Data Breach: A Global Perspective
CIO, September 29, 2008
We’ve said it before, but data integrity’s role in regulatory compliance is key, so this is worth highlighting once more:
- In the wake of undiscovered data breaches and subsequent public exposure, regulatory compliance and security audit standards are becoming ever more important to protecting critical assets.
- Despite the increase in the number of data breaches via illicit means, internal controls seem to fail when it comes to the assurance that critical assets remain uncompromised.
According to the Identity Theft Resource Center, 336 breaches have been reported in 2008 thus far, making the number 69 percent higher then this time last year – and these breaches pose a significant risk to compliance initiatives such as Sarbanes-Oxley (SOX), Graham Leach Bliley (GLBA), Payment Card Industry (PCI), or Health Insurance and Portability and Accountability Act (HIPAA).
“With the significant increase in data exposure corporations can’t afford to take short-cuts when it comes to information assurance. Otherwise it is almost certain that one will become a victim of a serious exposure of sensitive information.”
The article is a good read on a wide-variety of data breach issues; we recommend you take a look and think about how you are securing your organization’s data for compliance purposes.