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Medical identity theft strikes 5.8% of American adults

IDG News Service

Identity thieves are not only interested in tapping financial resources, but also after your medical identification data and services.

Identity thieves are not only interested in tapping financial resources, but are also after your medical identification data and services.

Credit card data security: Who's responsible?

By Phil Lieberman, president & CEO, Lieberman Software, and Henry Helgeson, co-CEO, Merchant Warehouse, Network World

About a year ago security at Heartland Payment Systems Inc. was breached and information affecting more than 100 million credit cards stolen. Was it Heartland's fault, or should the credit card companies shoulder more of the responsibility?

Incidents of identity theft up by 32pc

The recession has led to a surge in financial fraud with identity theft up by almost a third, latest industry figures have revealed.

A worrying trend is emerging where criminals take over the running of your bank account and transfer funds into an account they have set up to accept these bogus payments, according to CIFAS, the UK’s fraud prevention service.

Data breach costs top $200 per customer record

The cost of a data breach rose last year to $204 per customer record, according to the Ponemon Institute. The average total cost of a data breach rose from $6.65 million in 2008 to $6.75 million in 2009.

The cost of a data breach increased last year to $204 per compromised customer record, according to the Ponemon Institute's annual study. The average total cost of a data breach rose from $6.65 million in 2008 to $6.75 million in 2009.

Data breaches on the increase

PRIVACY: Sixty-five incidents were reported in 2008, leaving personal information exposed for all to see

By DAVID CANTON, FREELANCE WRITER

Federal Privacy Commissioner Jennifer Stoddart recently released her annual report to Parliament on PIPEDA, the private-sector privacy law.

While her comments on social networking were highlighted and widely reported by the media, the report contained some other interesting trends that have not been as widely discussed.

Number of identity-fraud victims in Ireland hits 90,000

More than 3,000 new cases of identity fraud have been identified since this time last year, bringing the total number of victims in Ireland to 90,000.

New research brought out in conjunction with National Fraud Week, 12-18 October, reveals 51% of Irish people are still not sure how fraudsters get access to personal information as the number of victims increase.

The research, commissioned by Fellowes in Ireland, points out that while awareness is at an all-time high, the Irish public is continuing to put itself at risk.

Firms 'mishandle sensitive data'

About a third of UK employees throw sensitive documents in the bin instead of shredding them, research suggests.

The study also found almost three-quarters of workers felt their organizations could do more to protect their customers' sensitive information.

The data was compiled for National Identity Fraud Prevention Week.

Identity fraud costs the UK more than £1.2bn annually. The UK's Fraud Prevention Service says 60,000 people have fallen victim so far this year.

Global Study of Information Leaks in 2008

GLOBAL STUDY OF INFORMATION LEAKS IN 2008

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