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2007 Data Breaches Not As Bad As We Think; Reports of record year in 2007 for compromised records and identity theft based on a lot of soft numbers and liberal assumptions. Exaggerations mask the real problem: user and policy stupidity
If the same number is applied to the TJX's data breach--the worst thus far with 94 million records exposed--the retailer's cost alone should be $18.5 billion. That number is complete fallacy, since court filings and publicly declared fines put the actual cost - mostly penalties - at $256 m...
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| description | If the same number is applied to the TJX's data breach--the worst thus far with 94 million records exposed--the retailer's cost alone should be $18.5 billion. That number is complete fallacy, since court filings and publicly declared fines put the actual cost - mostly penalties - at $256 million. Some would say the cost of repairing the reputation of TJX--parent company of clothing retailers TJ Maxx and Marshall's--is much higher. |
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| fulltext | fulltext |
| identifier | ISSN: 1541-3004 |
| ispartof | Baseline, 2008-01 (80) |
| issn | 1541-3004 |
| language | eng |
| recordid | cdi_proquest_reports_213444169 |
| source | EBSCOhost Business Source Ultimate |
| subjects | Compromises Data encryption Data integrity Fines & penalties Fraud Government agencies Identity theft Portable computers Security management Statistical data |
| title | 2007 Data Breaches Not As Bad As We Think; Reports of record year in 2007 for compromised records and identity theft based on a lot of soft numbers and liberal assumptions. Exaggerations mask the real problem: user and policy stupidity |
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