Resources for Federal Financial Institutions Examination Council (FFIEC)

Anatomy of a Data Breach: A Global Perspective

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In the wake of undiscovered data breaches and subsequent public exposure, regulatory compliance and security audit standards are becoming ever more important to protecting critical assets.Despite the increase in the number of data breaches via illicit means, internal controls seem to fail when it comes to the assurance that critical assets remain uncompromised.According to the Identity Theft Resource Center a total of 336 breaches have been reported in 2008 alone, putting the overall number at 69% greater then this time last year . This is a concern for security teams especially given the fact that a lack of dedicated resources exist to combat and revert this trend. This is significantly important to take into consideration when going through the formal audit process to certify adherence to Sarbanes-Oxley (SOX), Graham Leach Bliley (GLBA), Payment Card Industry (PCI), or Health Insurance and Portability and Accountability Act (HIPAA).

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