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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.
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?".
May the Maths Be with you!
Say, full damage caused, including $100 per hour the person affected had to spent clearing this up, with at least 10h assumed and no need to prove anything for them. With that, companies might just start to care about the security of customer data. Currently, they basically have no incentives to spend any money on secure coding, security reviews and the like.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
It stopped being our state a long time ago.
And the population of New York State is....19,651,127 (2013 est).
Anyone who wants to have even more centralized data storage of personal, private information just doesn't care about data security.
Companies have proved they do not care about your data and are willing to essentially give it away via breaches. And *nothing* is ever done about preventing identity theft, because the burden of fixing it is up to the individual, not the credit card issuer, and not the large faceless corporation that saved $20 on security software, but let the hackers in to take your identity in the first place.
They then promise to fix the problem, but then never do. And government looks the other way because they are in the pocket of big business in the first place.
So, beat them to the punch: Sell your identity to the hackers. Make it a place like ebay where people get to bid on you. You get money (probably from a previously stoeln credit card); the hackers get to perform credit card fraud; and then you get new cards issued from your bank, and a week or two later, you get to start the process all over again. In the meantime, there's an "economy" at work, and believe it or not, it's on the backs of the credit issuers, who have to keep replacing your card.
Then, after a few years of that; they might actually do something about the ease of identity theft.
Sure, you've ruined your credit rating; but in the meantime, so has everyone else -- this only works if everyone does it of course -- so credit ratings become meaningless and the world, like in fight club, becomes a better place and maybe we go back to the days where companies took some responsibility and weren't just gouging everyone for every last cent.
Maybe, just maybe, we can turn this thing around on them and take our planet back.
If telephones are outlawed, then only outlaws will have telephones.
This is also the state where the Commissioner of Education, John King, had a talk about New York's implementation of Common Core. The talk was overrun with parents who had issues with the implementation specifically (and some with Common Core in general). There were a lot of questions they wanted to ask and a lot of answers they wanted to get. Instead, King cut the meeting short, cancelled the rest of his tour, and said that "special interest groups" were to blame. (Parents are apparently now a special interest group.) He finally caved to pressure and re-opened his tour but made sure that each venue was structured so he wouldn't need to be confronted by opponents in that manner anymore.
New York: Where the politicians serve their constituents - themselves - and the public can go wait in the corner until they're needed to pay more taxes.
My sci-fi novel, Ghost Thief, is now available from Amazon.com.
Make debt the responsibility of the lender.
In Islamic countries, it's illegal to earn money off debt, and their civilization is growing. It's a perfectly functional way to operate. I went looking for an Islamic bank myself, but there weren't any close enough for me to do business with them.
-1 Uncomfortable Truth
isn't time we just ditch the fiction that privacy as we knew it in the 20th century is gone forever and accept that everything we do and say on any digital medium will be collected?
sheesh...yes I get it already...databases compromised, hacked, sold...NSA spying, collecting...
good lord how many times do we need to be wack-a-moled before we just stop caring?
never bring a twinkie to a food fight.
It's actually 'Breeches' and now we finally know Step 2.
Years ago, when static electricity was bad news for computers, I had the idea for a "data processing shoe" that would have a little conductive ribbon that would drag along the floor and ground out static electricity. Such a thing is of course no longer needed, but given the apparent popularity of data breeches these days maybe the concept could be resurrected as a fashion statement.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
Perhaps it's time for some litigation. These breaches should fall into an area similar to product liability where the cost of shoddy work is expensive.
It little behooves the best of us to comment on the rest of us.
We assumed it to be confusing because we wanted to assume you knew what you meant but just didn't get the point across well
No, you did not understand the point, which was so simple that any idiot should be able to understand it. Apparently, I did not aim sufficiently low for my audience.
If you have a specific objection, then make it. Otherwise, admit that your entire argument is "that's stupid", which is no argument at all. Instead of argument, you are relying upon moderation to suppress mine. That's because you don't have an argument. If you had, you'd have used it.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
The costs of attempting to BE compliant to these vague horrible laws is far higher than the cost of losing control over something. This is why HIPAA is a huge waste of time and effort. It costs millions to 'comply' with the law but the downside is near zero because, and this is important
YOU HAVE TO PROVE INTENT
So any law is going to be ineffectual on its face when it looks only at intent. And specifically, the intent to profit from it. Target didn't intend to break something. They goofed up. So the law doesn't really cover mistakes. If Target was part of this vast scheme to rob people that's a different matter.
Don't forget our illustrious governor, who refuses to communicate with his staff via email, favoring phone calls and Blackberry Pin-to-Pin messaging instead, so as to sidestep records laws. I'm glad he's kept up on his promise to be the most transparent administration in state history. http://www.nydailynews.com/new... http://www.nytimes.com/2012/07...
Yup. I usually vote for the Democrat candidates, but I won't vote for him again. The problem is that I don't like the Republican candidates either. So I'll likely vote for a third party candidate. I know they won't have a realistic chance of winning the election, but it will be a protest vote. If enough people protest by voting third party, maybe the two major parties will pay attention.
My sci-fi novel, Ghost Thief, is now available from Amazon.com.
Because giving people that can't be held accountable unfettered access to all of your data and records will lead to LESS identity theft, right? Right????
It's a $1.37 billion dollar boost to the economy! You can't just print money for banksters without spreading it around a little bit!
When the money gets stolen, its insured by the government that just prints some more, and paper grows on trees!
Finally we have found a growth industry with real American entrepreneurship that is compatible with current fiscal policy. We can re-hypothecate futures on funny money stolen by criminals that aren't bank executives! Its a new system of cheques and balances in a brave new kleptocracy!
Eureka!
I won't be looking at an Islamic country as an example of a "perfectly functional way to operate." I like my freedom, thanks.
Whatever you say, debt slave.
-1 Uncomfortable Truth