2008 was a year of security, payment card breaches, report says

Published: 17 April 2009 y., Friday

 

Payment card breaches in 2008 led to the most compromises and security breaches of record in the last four years, according to a new report from Verizon Business. Last year, 295 million records were compromised and 90 breaches were confirmed, Verizon Business's 2009 Data Breach Investigations Report found.

The top five breaches accounted for 93 percent of total records compromised and as a percentage of caseload, 80 percent were payment card breaches, while payment card data represented 98 percent of all records compromised last year. PIN data was increasingly targeted in 2008 in attacks in which magnetic-stripe data and PIN data was used for identity fraud. Criminals used the data to make ATM withdrawals from victim's accounts.

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Wincor Nixdorf expands consulting competence in business intelligence

Wincor Nixdorf is enhancing its consulting portfolio for the banking business. more »

PC/E Cash Management Guarantees Optimal Cash Management

Wincor Nixdorf is set to present its ProClassic Enterprise Cash Management software for effective and rational organization of end-to end cash management processes in banks at the Retail Delivery Show. more »

Yahoo CEO to resign

Yahoo said Jerry Yang will step down as chief executive as soon as the board finds a replacement. more »

Wincor Nixdorf: Opportunities even in the financial market crisis

Wincor Nixdorf AG has turned in the best year in its history. more »

Visa offers payWave contactless payment to transit operators

Visa Inc. is working with the Los Angeles transit authority to allow train, subway and bus riders to pay fares with Visa’s payWave-enabled contactless cards. more »

Google's phone debuts

Customers line up in New York City to be the first to buy Google's new G1 phone. more »

A safer internet for children

Children and teenagers are keen internet users - 12 to 15-year-olds spend at least three hours a day on screen - but are not always aware of the dangers: not just sites showing child pornography or violence but also the risk of bullying or grooming. more »

Switching off CO2

A European Commission study found that devices left on stand-by throughout the European Union in 2005 consumed the same amount of electrical energy as a country the size of Greece or Portugal in 2008. more »

European Commission launches “Study in Europe” website to promote European higher education

The European Commission has launched a new web portal called “Study in Europe” to promote the attractiveness of European Higher Education to students from other parts of the world. more »

Protecting Europe's children from internet dangers

With the increasing availability of the internet, children are being exposed more and more to illicit images and content. more »