Breaches Exposed 22.8 Million Personal Records of New Yorkers

An anonymous reader writes Attorney General Eric T. Schneiderman issued a new report examining the growing number, complexity, and costs of data breaches in the New York State. The report reveals that the number of reported data security breaches in New York more than tripled between 2006 and 2013. In that same period, 22.8 million personal records of New Yorkers have been exposed in nearly 5,000 data breaches, which have cost the public and private sectors in New York upward of $1.37 billion in 2013. The demand on secondary markets for stolen information remains robust. Freshly acquired stolen credit card numbers can fetch up to $45 per record, while other types of personal information, such as Social Security numbers and online account information, can command even higher prices.

Comments

Data is Unsecurable

[ObsessiveMathsFreak]

Perhaps it's time for companies to realise that they cannot keep data secure. That they will never be able to build, much less be willing to pay for, the security required to keep this information under any kind of seal.

Perhaps it's time for companies to ask themselves: "Do we really need to store this?".