It’s data breach report day today. Or, so it seems. My brain just ‘sploded on overload from all the fresh tasty stats received. There’s not enough time today to go through everything with a fine-toothed comb. Suffice to say: Data breaches are continuing to happen in growing numbers. Basic security practices still aren’t happening. As painful as it is to admit, it appears that regulations like PCI DSS are having a positive impact. Our codebase still leaves much to be desired, though there is reason to be a bit optimistic. That said, here’s the goods: Verizon Business 2011 Data Breach Investigation Report Veracode 2011 “State of Software Security” Report Ponemon 2011 PCI DSS Compliance Trends Study Incidentally, if you take[…]

According to a new article on TechTarget, a study by the Ponemon Institute has revealed the cost of a data breach has increased once again, to $204 per compromised record. The study is available for download at http://www.encryptionreports.com/ after giving away some personal details. The “Fifth Annual U.S. Cost of Data Breach Study,” funded in part by encryption vendor PGP Corp., determines the annual cost of the breach by establishing a company’s cost of lost business as a result of an incident; expenses incurred by notifying individuals and authorities of a breach; costs associated with legal fees and consulting firms and new investments made in technology and employee education. In our down economy, it is interesting that the cost of[…]