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Use of Stolen Personal Data Limited, Report Says
By Brian Orsak
printStolen personal financial data is neither widely distributed nor used for long periods of time, according to a study issued by a technology company. The report, issued Wednesday by San Diego, Calif.-based ID Analytics, which makes ID theft software, looked at about a dozen data breaches involving Social Security numbers and other identifying information. Most breaches of financial institutions and other businesses studied did not cause harm, and when they did, the rate of misuse of the data ranged between 0.5 percent for breaches with fewer than 5,000 records and 0.01 percent for breaches of more than 100,000 records. Stolen...
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