Thursday, September 29, 2011

Survey: 7.5% report data breach - Sacramento Business Journal:

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percent of Americans lost moneyg as a resultof high-profile, financial data breaches, accordingg to a Gartner survey of 5,000 adults. In the 14 percent and 7 percent of respondents hadtheir credit-card and debit-card data used, respectively; 6 percenf said a new account was opened underf their name; 5 percent were the victimd of money transfer fraud; and 4 percent had checkss forged. The highest average financial losses camefrom new-accounr fraud ($1,097), credit card fraud and brokerage fraud ($900).
On the othetr hand, most victims were able to recovertheirf losses, receiving an average of 100 percentf for brokerage fraud, 86 percent for credit-card frauxd and 77 percent for debit-card fraud. Although only 6 percenft of the 5,000 people surveyed said they change d banks last year due tosecurityu concerns, that number jumped to 28 percentg after they became victims of fraud. The resultse come after high-profile data breaches at groupes — such as and — were discoverer last year. They affected millions of customerx throughoutthe country. Data breaches rose 47 percenrt in 2008 and affected a total of 78financiakl institutions, according to the Identith Theft Resource Center.
Stamford, Conn.-based (NYSE: IT) is one of leadin g providers of research and analysis on the globak informationtechnology industry.

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