Posts Tagged Experian

76% of companies have had a data breach or expect to have a breach

Experian Data Breach Resolution and the Ponemon Institute have released a study that finds that, despite the majority of companies experiencing or anticipating significant cost and business disruption due to a material data breach, they still struggle to take the proper measures to mitigate damage in the wake of an incident. The report, “Is Your […]

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Survey reveals companies are taking risks whilst outsourcing consumer data

Experian Data Breach Resolution and the Ponemon Institute survey results identify opportunity for improved data oversight. The study, “Securing Outsourced Consumer Data”, reveals that many organizations (46%) do not evaluate the security and privacy practices of vendors before sharing sensitive or confidential information. The survey of almost 750 individuals in organizations that transfer consumer data to third-party vendors. […]

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Securing Patient data has improved massively but still has work to do

In it’s recent Winter 2013 Newsletter Experian released the details of the fifth annual Healthcare Information and Management Systems Society (HIMSS) which they sponsored. The survey found many areas of improvement and highlighted them in the infographic below: Key highlights from the HIMSS study include: Only 38% of the respondents encrypt mobile devices, such as smartphones […]

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2012: “A year of Identity & Fraud” a review by Experian

Experian, a global information services company has posted two summaries of its research and blogs for 2012. I have taken the information that relates to Identity theft and fraud and consolidated it into one post. In March, Experian revealed its latest research which estimated £1.02 billion worth of online shopping transactions were abandoned the previous year […]

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What will fraud look like in 2013?

UK Fraud has identified 10 key trends that will characterise the UK domestic fraud prevention market in 2013. The forecasted trends are: With more high quality data becoming available to fraudsters than ever before, an economy forecast to contract and the UK’s benefits spend reducing, overall fraud levels will continue to increase dramatically across the UK and […]

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Consumers express their opinions of Data Breach Notifications

Ponemon Institute have released an Experian® Data Breach Resolution sponsored survey into what consumer think about Data Breach Notifications, titled 2012 Consumer Study on Data Breach Notifications. I have made a summary of the survey below. Consumers in the Ponemon and Experian joint study believe data breach notification is important under certain conditions 85% believe notification […]

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UK Fraud Report 2012

In April Experian released their 2012 review of Fraud in the UK. There are some interesting findings and a summary of the 28 page document is below. Executive Summary of the report Annual fraud losses across the UK are now estimated to now top £70 billion Of this around £3.5 billion is in financial services […]

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Reputation damage could cost more than PCI Compliance or Data Protection Act fines

Image via Wikipedia A Ponemon Institute and Experian survey of almost 850 executives reveals that on average it can take up to a year for an organisation to restores its reputation. Reputations have always been difficult to value as they change with market demands, styles and presentation. This research is interesting as it does place […]

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