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Wednesday, August 07, 2013

More than 500 million US records breached since 2005

More than 500 million records have been breached in the United States alone since 2005.

Category:   Secure File Transfer

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It's no secret that data breaches are a serious problem plaguing businesses around the world. Firms are now creating and collecting more information than ever before, and this data is proving to be an enticing target for hackers and other cybercriminals. Furthermore, the growing role played by data of all kinds in many workers' daily lives has created many more opportunities for corporate information to be lost, stolen or exposed.

The prevalence of these data breaches, and the need for high-quality secure file sharing solutions, was recently highlighted by ZDNet's Ken Hess, who noted that more than 500 million records have been breached in the United States alone since 2005. Hess pointed out that this number is 1.7 times higher than the total population of the country.

Additionally and critically, Hess also emphasized the fact that these are reported figures. In all likelihood, the real number of breached records in the United States is far greater than this number, as many companies will either have chosen not to report a breach or have yet to discover that such an incident occurred.

Cause for concern
Hess explained that these numbers concern him for several reasons. Among the most significant of these is that, as a consumer, there is only so much that one can do to protect his or her data from being exposed.

"[I]t doesn't matter how good my personal passwords are, the data breaches happen upstream at the data holder's location," he wrote.

While it is true that many people engage in unsafe behaviors which potentially expose their personal information, it is far more likely for a business to be the cause of such a breach. These firms are more appetizing targets for cybercriminals and have more personnel involved who need to send and receive vast amounts of sensitive data on a regular basis. Missteps in any of these processes may lead to data loss.

That is why it is so critical for firms in every industry to invest in and implement sufficient data protection tools. A key component of any such strategy should be secure file sharing solutions, which can ensure the integrity of data as it is sent, received and accessed by employees throughout a given organization.