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The Growth Of Data Breaches Worldwide

Courtesy of: Visual Capitalist

The graphic above shows a timeline of some of the biggest data breaches on record. Each bubble represents the number of records lost in any given breach, with the most sensitive data clustered toward the right side.

This data visualization comes to us from Information is Beautiful. Go to their site to see the highly-recommended interactive format that visualizes the same data, while providing additional details on each specific hack.

Before 2009, the majority of data breaches were the fault of human errors like misplaced hard drives and stolen laptops, or the efforts of “inside men” looking to make a profit by selling data to the highest bidder.…

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The Fall Of FICO Standard

Having worked in the mortgage field for a few decades, the scoring of FICO (or disgust of it) definitely caught my attention.  Some of the credit-scoring travesties are given.  In my opinion, they can't make changes fast enough......or merely admit you're only going to lend to the rich.  That's what it's coming down to; slowly but surely.

Naturally, lenders of all stripes have been evaluating credit for far longer than FICO (originally founded in the ’50s as Fair Isaac Co.) has existed. In fact credit rating standardization wasn’t a priority until the 1970s with the passage of the Fair Credit Reporting Act — and FICO data has only been widely available to lenders since 1987. The FICO scoring system (the 300-800) as we sort of understand it today has only existed since 1989 and it  wasn’t until 2003 that consumers had legal access to it.…

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What The Government Data Breach Means For You

One in 14 Americans may have just lost tons of their personal information — everything from their Social Security Number and birthdates to notes on their finances, relationships and even sexual proclivities — to hackers in a massive cyber breach, a federal agency said Thursday.

Hackers have made off with confidential data belonging to 22 million people who work, formerly worked or have applied to work for the federal government, costing a top agency official her job and exposing troves of sensitive data stored by the Office of Personnel Management (OPM), which serves as a…

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