Three Hundred Data Breaches

We hear a lot about data breaches. It seems as though one is announced nearly every week. Well, it turns out that between February 2005 and July 2006 more than 300 data breaches were reported. That is almost 20 a week. Click on the link to see a listing of these data breaches:
http://www.privacyrights.org/ar/ChronDataBreaches.htm

It is useful to remember that we hear very little about the outcomes of these breaches. The lawsuits and penalties rarely appear in the press, yet the general counsel or representing attorneys know that the cost of the breach will occur in the cost of litigation, the penalties and shareholder value.