Wednesday, January 2, 2008

2007 was the year of the data breach

Credit unions won't be surprised to learn that the loss or theft of personal data through data breaches soared to unprecedented levels in 2007. And the trend isn't expected to slow down anytime soon. More than 79 million records were reported compromised in the U.S. through Dec. 18, according to the San Diego-based Identity Theft Resource Center (ITRC). That's almost a fourfold increase from the nearly 20 million records reported compromised for the entire year in 2006.
http://www.cuna.org/newsnow/08/system123107-3.html?ref=hed
or http://tinyurl.com/3xbxb4