As the Bank of America website outage proved, "Assuming it's an attack or breach is now the default response," says ID theft expert Neal O'Farrell. So, how can organizations change that perception?
Here's why it's important to carefully consider offering free credit monitoring, as well as breach prevention details, to the victims of major information breaches.
A children's health system is offering free credit monitoring to 1.6 million after the loss of backup tapes. It's the second major breach incident revealed in recent weeks involving lost or stolen backup tapes.
A breach incident affecting patients at Stanford Hospitals & Clinics offers yet another example of the risks involved when sharing data with business associates and their subcontractors.
The nation's new chief HIPAA enforcer views the protection of privacy as an important way to help ensure patients have access to care. And his passion about the issue means you can expect HIPAA enforcement efforts to intensify in the months ahead.
"It should provide fuel for anyone calling for data breach legislation to include criminal sanctions ...," says Neal O'Farrell of the Identity Theft Council. "This was nothing short of a clumsy cover-up."
All 4.9 million TRICARE military health plan beneficiaries that were affected by a recent data breach will be notified by mail, but they won't be offered free credit monitoring services.
"Organizations are putting in layers of security and tools to safeguard information and assets, however, the fraudsters are attacking our weakest link, the consumer," says Anthony Vitale of Patelco Credit Union.
UBS's $2 billion loss to rogue trading provides lessons for all banks. What's missing in today's financial institution culture is a balance between profits, ethics and governance, says risk management expert Frances McLeod.
"With a company-issued device, you can issue a policy that says users have no rights of privacy over information on the device," says Javelin's Tom Wills. But with employee-owned devices? A whole new set of issues.
Ten years after the 9/11 attacks, many organizations still need to do a better job of monitoring their networks for threats, says security specialist Mac McMillan.
Elayne Starkey recently gave up her BlackBerry for an iPhone, and uses the Apple mobile device for personal and work doings, securely connecting to the computer system of her employer, the state of Delaware.
Major breaches involving lost or stolen storage media point to the need to take better security precautions when storing massive amounts of patient information.
About 4.9 million patients treated in San Antonio area military treatment facilities since 1992 have been affected by a health information breach involving the theft of backup tapes for electronic health records.
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