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175 Million plus customer reords compromised

Editorial Type: News     Date: 09-2014    Views: 2243   







SafeNet, a global leader in data protection solutions, has released the highlights from its SafeNet Breach Level Index (BLI) for the second quarter of 2014

Between April and June, there were a total of 237 breaches that compromised more than 175 million customer records of personal and financial information worldwide. For the first half of 2014, more than 375 million customer records were stolen or lost as a result of 559 breaches worldwide.

"Even amidst continued warnings about data security, the breach epidemic is trending in the wrong direction. 2014 has proven to be more of the same, with 379 million customer records stolen in the first six months alone," said Jason Hart, VP Cloud Solutions at SafeNet. "While it's not surprising that sophisticated cybercriminals are gaining access to critical data stores, what is surprising is that only one per cent of breached records had been encrypted.

"The benefits of encryption have been known for some time, but companies just aren't doing it. It's the security industry's equivalent of flossing your teeth. Everyone knows it's good for you and the technology is proven, but only a small percentage of companies do it well."

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