Data breach trends in the United States

Robert E. Holtfreter and Adrian Harrington

Journal of Financial Crime, 2015, vol. 22, issue 2, 242-260

Abstract: Purpose - – The main purpose of this paper is to analyze the trends of various types of data breaches and their compromised records in the USA using a new model recently developed by the authors. Design/methodology/approach - – The 2,280 data breaches and over 512 million related compromised records tracked by the Privacy Rights Clearinghouse from 2005 through 2010 were analyzed and classified into four external, five internal and one non-traceable data breach categories, after which trends were determined for each. Findings - – The findings indicate that although the trends for the annual number of data breaches and each of the internal and external categories and their related compromised records have increased over the six-year period, the changes have not been consistent from year to year. Practical implications - – By classifying data breaches into internal and external categories with the use of this new data breach model provides an excellent methodological framework for organizations to use to develop more workable strategies for safeguarding personal information of consumers, clients, employees and other entities. Originality/value - – The topic of data breaches remains salient to profit and nonprofit organizations, researchers, legislators, as well as criminal justice practitioners and consumer advocate groups.

Keywords: Identity theft; Data breach models; Data breaches; Data protection; Identity theft resource center; Privacy Rights Clearinghouse (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:jfc-09-2013-0055

DOI: 10.1108/JFC-09-2013-0055

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