09:59 AM
Hack Attacks Now Leading Cause Of Data Breaches
The majority of data breaches stem from hack attacks, followed by data that's lost while physically in transit. That's according to a forthcoming study from the Identity Theft Resource Center (ITRC), which assessed all known information relating to the 419 breaches that were publicly disclosed in the United States in 2011. A copy of the report was provided to InformationWeek in advance of its release.
Last year, data breaches triggered by hacking--defined by the ITRC as "a targeted intrusion into a data network," including card-skimming attacks -- were at an all-time high, and responsible for 26% of all known data breach incidents. The next leading cause of breaches was data on the move (18%) -- meaning electronic storage devices, laptops, or paper reports that were lost in transit --followed by insider theft (13%).
Overall, malicious attacks -- counting not just hack attacks but also insider attacks -- accounted for 40% of publicly disclosed breaches, while 20% of breaches were the result of accidental data exposure.
All told, the ITRC counted 22.9 million records as being exposed in 2011, of which 81% included social security numbers. Of all known breaches, 62% involved the exposure of social security numbers and 27% involved credit or debit card data.
[To read the entire article, visit InformationWeek].