U.S. Medical ID Theft Cost Jumps To $41 Billion

New Ponemon study finds that half of medical identity theft victims know the person who stole their IDs, and victims end up footing the bill in many cases. Source: Dark Reading

Data Loss Prevention: What's The Use?

Why deploy data loss prevention technologies if there are ways to circumvent the system? Source: Dark Reading

50% Job leavers steal confidential company data

New details from Iron Mountain show the extent to which employees leaving employment will take confidential company data with them when they go. Source: Infosecurity Magazine

Most security professionals predict breaches will increase this year

A disturbing 93% of IT security professionals believe that data breaches will increase this year, according to nCircle’s 2012 Information Security and Compliance Trend study. Source: Infosecurity (USA)

US appeals court rules against Maine bank in Zeus attack case

More than a year after the original court ruling, an appeals court has found that Maine-based Ocean Bank’s security system was “commercially unreasonable” and the bank’s actions contributed to a breach that resulted in the theft of $588,000 from an online customer’s account. Source: Infosecurity (USA)