Posts Tagged ‘data leak’

A Berlin bank reported data loss

Tuesday, December 16th, 2008

Recently, Landesbank Berlin has reported that it has lost credit card details of thousands of its customers. The news says that the lost data includes the PIN numbers as well. This data leak has created a wave of dissatisfaction among the customers, as most important information has been lost.  

Another company, AtosWorldline, hired by LBB was held responsible for the data breach. This data loss is considered severe because of the quality of data that has been used. The stolen details can be exploited to extract money out of the customers’ accounts. Reports say that the data of customers of several other banks have also been compromised.  

To more about LBB case, go here

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An insight into overall data loss events

Wednesday, December 3rd, 2008

Cisco in its comprehensive stuffy of data leakage trends uncovered several common reasons that lead to data loss. Employee driven data leakage topped the reasons for data loss. Use of non IT-approved applications contributed to about 24% of data loss. The managers admitted that some of their employees tried to gain unauthorized access to restricted locations. Also, the workers allowed non company people to access company specific information.  

Only 50% of the workers take care to ensure that they are not being spied. Several others don’t even consider the security of the environment. The chief security officer of Cisco said that new technology has to be evolved to secure sensitive data.  

For more information, go here

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