Data Security Statistics and Research
Federal Trade Commission Consumer Sentinel1 (2006)
- Self-reported identity theft complaints from consumers rose almost 19% between 2003 and 2005 to more than 255,500, according to the Federal Trade Commission.
- People older than 60 had the lowest rates of identity theft, making up 11% of the total.
Federal Trade Commission Consumer Sentinel2 (2005)
- In 2004, the complaint database developed and maintained by the DTC received over 645,000 consumer fraud and identity theft complaints. And consumers reported losses from fraud of more than $547 million.
Federal Trade Commission Consumer Sentinel3 (2003)
- 10 million Americans were victims of identity theft in 2002, the most updated numbers available, with a total cost impact of $50 billion annually. In addition, the fraudulent use of victims' personal information to obtain goods and services cost businesses and financial institutions $33 billion in 2002.
Ponemon Institute4 (2005)
- Customer data compromises costs companies as much as $50 million. Direct costs incurred by a company alone average $5 million per incident.
- On average, each record lost cost companies $140.
Javelin Strategy & Research5 (2006)
- Estimates of the average fraud cost per victim rose to $6,383 in 2005 from $5,885 in 2004 and $5,246 in 2002. As such, the total cost of identity fraud, pegged at $56.6 billion 2005, has been holding fairly steady.
- The average resolution time for resolving fraud cases has increased from 33 hours in 2003 to 40 hours in 2006
National Cyber Security Alliance6 (2006)
- Although 57% of people who use social marketing sites admit to worrying about becoming a victim of cyber-crime, they are still divulging information that may put then at risk.
- 74% of persons surveyed have given out some sort of personal information, such as their e-mail address, name and birthday.
Corporate/Organization Issues
Ponemon Institute7 (2005)
- 81% of companies surveyed have experienced the loss of one or more laptops containing sensitive data over the past 12 months.
- 64% of some 500 data-security pros surveyed admit that their companies have never performed an inventory to determine the location of customer or employee info.
CMO Council8 (2006)
- 76% of marketing executives surveyed believe security breaches negatively impact the company brand. Yet 60% said that security has not become a significant theme in their company’s messaging and marketing communications.
- Only 29% said their company has a crisis containment plan for security breaches and failures. Another 27% don’t even know if such a plan exits.
- Over a third of consumers say they would strongly consider taking their business elsewhere if their personal information was compromised.
CIO Insight.com Annual Security Survey (September 2006)
- Nearly half of large companies have been targeted for online data thefts, by perpetrators ranging from organized crime mobs to disgruntled former employees.
- One company in six has lost equipment containing company data in the past year.
- Employee negligence and software vulnerabilities are considered the most significant IT-security risks.
Javelin Strategy & Research9 (2005)
- Security breaches at businesses accounted for 30% of 2005 identity-fraud cases, while 30% were the result of consumers' lost or stolen wallets and checkbooks; nefarious friends and family, 15%; stolen mail, 9%; and attacks and scams targeting home computers, 9%.
Visa/U.S. Chamber of Commerce (2006)
- Nearly two-thirds (64%) of small businesses have made improvements to protect their customers' personal information, including credit and debit card data, in the past 12 months, and nearly a third (29%) have done so in the last 3 months.
- Small retailers spend more resources preventing the theft of products and cash from their store (34%) than securing customers’ personal data (20%).
Deloitte Touche Tomatsu10 (2006)
- The majority of technology, media and telecommunications (TMT) companies surveyed consider themselves reactive when it comes to investing in information security, and only 4% believe they are doing enough to address the problem.
- Only 37% of the TMT companies provided security training to employees in the last 12 months.
- While 74 % of TMT companies said that they expect to spend more time and money on improving security in 2006, the average budget increase among those companies was only 9 percent.
- Only 63% of TMT companies have a dedicated, senior-level security officer; among technology companies the number is only 53%
- More than two-thirds of life sciences companies have already appointed a Chief Security Officer, a three-fold increase over the past decade.
Internal Threats
Ponemon Institute11 (2006)
- 78% of IT professionals in the United States say their companies have suffered unreported insider-related security breaches.
Javelin Strategy & Research9 (2005)
- Security breaches at businesses accounted for 30% of 2005 identity-fraud cases, while 30% were the result of consumers' lost or stolen wallets and checkbooks; nefarious friends and family, 15%; stolen mail, 9%; and attacks and scams targeting home computers, 9%.
Deloitte Touche Tohmatsu (2006)
"2006 Global Security Survey" - whose respondents were major global financial institutions, including 31% of the top 50 global insurance companies.
- 74% of respondents said they were either very confident or extremely confident in their ability to defend against external threats, an increase of 5% over 2005.
- When it came to internal threats, however, only 41% were either very confident or extremely confident compared to 50% last year
Deloitte Touche Tohmatsu12 (2006)
- Among the TMT companies whose security was breached in the last 12 months, half were attacked from inside the company.
- 83% of the TMT companies surveyed are concerned about employee misconduct involving information systems.