Archive for category: Data Breaches

Identity Theft Expert and Speaker on Personal Security Stresses the Likelihood That Laptop Computer Thieves Will Commit Identity Fraud and Other Crimes

August 23, 2007/in computer hardware theft, Data Breaches, Identity Theft, Laptops, Personal Security, Security Education, Stolen Identities /by Robert Siciliano

(BOSTON, Mass. – Aug. 23, 2007 – IDTheftSecurity.com) Recent news reports have tied laptop computer theft to identity fraud and related crimes. According to Robert Siciliano, a widely televised and quoted personal security and identity theft expert, credit card fraud and other financial data–related offenses are clear and present dangers for anyone whose sensitive, personal information is on a stolen laptop computer. He said businesses and other organizations are especially susceptible to the high costs associated with these concerns, and directed them to technology that tracks and secures lost mobile computers.

“A lost laptop computer is a lost identity,” said Siciliano. “Left unsecured, a laptop easily becomes a useful tool for the criminal bent on committing identity theft and related crimes. Imagine this criminal’s elation to find a treasure trove of sensitive, identifying data on a stolen mobile computer. Any organization that uses laptop computers needs to secure these machines against theft. ”

CEO of IDTheftSecurity.com and a member of the Bank Fraud & IT Security Report’s editorial board, Siciliano leads Fortune 500 companies and their clients in workshops that explore consumer education solutions for security issues. A longtime identity theft speaker and author of “The Safety Minute: 01,” he has discussed data security and consumer protection on CNBC, on NBC’s “Today Show,” FOX News, and elsewhere.

Laptop computer theft’s cost can exceed $6,000 for even just one machine, according to research from Gartner Group. The number is conservative compared to the numbers from the 2002 Computer Security Institute/FBI Computer Crime & Security Survey, which estimated the actual financial loss of a laptop theft to be $89,000. In 2003, the Annual Computer Crime and Security Survey estimated the average loss even higher, at $250,000.

The subject of an article from the Aug. 14th edition of the San Jose Mercury News provided insight into why laptop theft’s costs are high. Detailing the activities of a laptop-stealing, Alameda, Calif.–based boyfriend–girlfriend team, the article described how the two reportedly used stolen laptop computers to visit people-search Websites that yielded personal financial information enabling them to commit identity fraud, credit card fraud, and other, related crimes.

According to experts, under similar theft scenarios the owner’s data itself is also at risk. “To make best use of the owner’s personal financial data, a thief will, predictably, go onto the Internet with a stolen laptop computer,” said Dan Yost, chief technology officer at MyLaptopGPS, a company whose products and services secure laptops and the data stored on them. “This is where our product shines. Even as the thief attempts to gain access to the owner’s bank account and other financial repositories, MyLaptopGPS retrieves and deletes all important data from the machine.”

MyLaptopGPS™ combines Internet-based GPS tracking — which, for tracking and retrieving stolen laptops, is more effective than other forms of GPS — with other functionalities that users can launch remotely to protect data even while the machine is in a criminal’s hands. Once connected to the Internet, the software silently retrieves, and then deletes, files from machines as it tracks the stolen or missing hardware — at once returning the data to its rightful owner and removing it from the lost computer.

A downloadable demo of MyLaptopGPS is available. Recently, Yost delivered comments for a televised news report pertaining to the loss of laptop computers containing the Social Security numbers of numerous teachers at Chicago’s public schools. Readers may view YouTube video below of the “NBC 7 Chicago” footage.

Earlier this year, the theft of two laptops from an auditing firm resulted in the loss of 40,000 Chicago Public School teachers’ Social Security numbers. The April 2007 issue of Chicago Union Teacher, official publication of the Chicago Teachers Union, ran an article by Yost (page four of linked PDF document) that advised readers on how to prevent laptop theft.

Readers may view YouTube video below of Sicliano on NBC, where he uses the example of a laptop stolen from Hotels.com to discuss the crime’s close relationship to identity theft. To learn more about identity theft, a major concern for anyone who has been affected by the theft of a laptop computer, readers may go to video of Siciliano at VideoJug.

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About MyLaptopGPS

Since 1984, Tri-8, Inc. (DBA MyLaptopGPS.com) has specialized in complete system integration. From real-time electronic payment processing software to renowned mid-market ERP implementations, the executive team at MyLaptopGPS has been serving leading enterprises and implementing world-class data systems that simply work. With MyLaptopGPS™, Tri-8, Inc. brings a level of expertise, dedication, knowledge and service that is unmatched. MyLaptopGPS™’s rock-solid performance, security, and reliability flow directly from the company’s commitment to top-notch software products and services for almost 25 years.

About IDTheftSecurity.com

Identity theft affects us all, and Robert Siciliano, CEO of IDTheftSecurity.com and member of the Bank Fraud & IT Security Report’s editorial board, makes it his mission to provide consumer education solutions on identity theft to Fortune 500 companies and their clients. A leader of personal safety and security seminars nationwide, Siciliano has been featured on “The Today Show,” CNN, MSNBC, CNBC, “FOX News,” “The Suze Orman Show,” “The Montel Williams Show,” “Maury Povich,” “Sally Jesse Raphael,” “The Howard Stern Show,” and “Inside Edition.” The Privacy Learning Institute features him on its Website. Numerous magazines, print news outlets, and wire services have turned to him, as well, for expert commentary on personal security and identity theft. These include Forbes, USA Today, Entrepreneur, Woman’s Day, Mademoiselle, Good Housekeeping, The New York Times, Los Angeles Times, Washington Times, The Washington Post, Chicago Tribune, United Press International, Reuters, and others.

For more information, visit Siciliano’s Web site, blog, and YouTube page.

The media are encouraged to get in touch with any of the following individuals:

John Dunivan
MyLaptopGPS Media Relations
PHONE: (405) 747-6654 (direct line)
jd@MyLaptopGPS.com
www.MyLaptopGPS.com

Robert Siciliano, Personal Security Expert
CEO of IDTheftSecurity.com
PHONE: 888-SICILIANO (742-4542)
FAX: 877-2-FAX-NOW (232-9669)
Robert@IDTheftSecurity.com
www.idtheftsecurity.com

Brent W. Skinner
President & CEO of STETrevisions
PHONE: 617-875-4859
FAX: 866-663-6557
BrentSkinner@STETrevisions.biz
www.STETrevisions.biz

Identity Theft Expert and Speaker on Personal Security Says Any Laptop Computer Theft Must Also Be Treated as a Breach of Data

August 13, 2007/in computer hardware theft, Data Breaches, Data Security, Identity Theft, Laptops, Security Education /by Robert Siciliano

(BOSTON, Mass. – Aug. 13, 2007 – IDTheftSecurity.com) Last month’s theft of a laptop computer from a high-tech security products manufacturer has resulted in a data breach. According to Robert Siciliano, a widely televised and quoted personal security and identity theft expert, the development at once underscored the danger posed by recent laptop thefts and revealed the need for better antitheft protection on mobile computing devices. He directed organizations to solutions from MyLaptopGPS™.

“Any laptop theft must be treated not only as a loss of hardware, but also of data,” said Siciliano. “Most criminals realize that a treasure trove of sensitive data resides on the typical laptop computer, and many steal them for this very reason.”

On Aug. 6, SC Magazine reported that VeriSign, Inc. suffered a data breach traced to the theft of a laptop computer that a now-former employee had stored in a vehicle. Social Security numbers, salary information, phone numbers, and other data were among the identifying information on the computer’s hard drive. SC Magazine’s article quoted VeriSign officials saying that they had “no reason to believe that the thief or thieves acted with the intent to extract and use this information.”

“Any company whose mobile computing devices fall prey to thieves must assume that criminals know exactly why they’re stealing the hardware — to pilfer the valuable data,” said Dan Yost, chief technology officer at MyLaptopGPS, a company whose products and services secure laptops and the data stored on them. “Some thieves may indeed be stealing laptop computers to resell them on the black market, but their hacker friends prize the machines for the Social Security numbers and other sensitive data.”

A July 7th article in The Kansas City Star detailed how the theft of a laptop from another security-related firm, Securitas Security Services USA Inc., prompted the company itself to warn those whose identifying data was on the machine of possible identity theft. Meanwhile, several laptop thefts and losses have occurred, throwing into question the safety of untold thousands of individuals’ identifying information:

• The July 27th

Pittsburgh Post-Gazette

reported that the theft of a laptop computer belonging to American Education Services’ subcontractor Vista Financial Inc. compromised the identities of more than 5,000 student loan borrowers.

• On July 11, the University of Minnesota’s newspaper, The Minnesota Daily, reported the theft of a political science professor’s laptop computer containing information on students of her classes dating back to fall 2005. According to the article, the laptop was in a locked car at the time of burglary.

• On June 25, the Associated Press reported on the May 30th theft of a laptop computer belonging to the Ohio Bureau of Workers’ Compensation. The machine, according to the article, contained identifying information on 439 injured workers.

Siciliano indicated that the answer is for organizations of all types to secure their mobile computing fleers with robust protection. One such system, MyLaptopGPS’s, combines Internet-based GPS tracking — which, for tracking and retrieving stolen laptops, is more effective than other forms of GPS — with other functionalities that users can launch remotely to protect data even while the machine is in a criminal’s hands. Once connected to the Internet, the software silently retrieves, and then deletes, files from machines as it tracks the stolen or missing hardware — at once returning the data to its rightful owner and removing it from the lost computer.

Readers may view YouTube video below of Siciliano on NBC, where he uses the example of a laptop stolen from Hotels.com to discuss the crime’s close relationship to identity theft. To learn more about identity theft, a major concern for anyone who has been affected by the theft of a laptop computer, readers may go to video of Siciliano at VideoJug.

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