Cost of UK Personal Data Losses
The Ponemon Institute has realeased its latest survey of UK data losses.
The findings of the 2009 Annual Study: Cost of a UK Data Breach indicate that personal data losses ("breaches") are still increasing in cost (per record). The report discusses the growth of data breaches due to malicious attacks and botnets, how prevalent these are compared with other losses and the relative costs. The report also presents comparitive data for losses involving third parties, and for organisations who have experienced their first data loss.
Although we hear a lot about lost or stolen devices (laptops, USB sticks, mobile phones, etc) and malicious/criminal attacks, the most common primary cause for the losses was negligence.
The recent news that the German government is considering buying stolen personal data of its citizens who it suspects of tax evasion is worrying. This sort of activity may fuel personal data theft by leavers and disgruntled employees.
The report is available in PDF format.
Posted on: 12 February 2010 at 12:51 hrs
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