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Perspectives: The Rise of Dataflation
This article is part of the October 2005 issue of Information Security magazine
In the first six months of 2005, 66 million personal data records were reportedly compromised. This number--and the phenomenon it represents--marks a new phase of the information age. We don't even have the vocabulary to describe what is happening to personal data, much less to understand all the implications. In a modest effort to remedy this, I propose a new word: dataflation, defined as the destabilizing tendency of data to lose value due to factors such as large-scale unauthorized access, excessive abuse and loss of confidentiality. Let's first put that 66 million in context. The most recent U.S. census estimates that 210 million Americans are 18 years or older. Factor in the numerous security breaches of 2004 and the continuing upward trend in unauthorized access to personal data, and it's entirely possible that confidential data relating to one in three American adults is now out there--and available to be abused. We're talking about your Social Security number, date of birth, mother's maiden name, employer, bank and ...
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Features in this issue
Seven winners. Seven verticals. Countless achievements.
Education: Dave Dittrich
Financial Services: Christofer Hoff
Telecommunications: Edward Amoroso
Government: Charles McGann
Energy: Richard Jackson
Manufacturing: Hans-Ottmar Beckmann
Health Care: Patrick Heim
Profiles by Michael S. Mimoso, Bill Brenner, Herman Mehling, Susan Hildreth, Mark Baard
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Take a look at the security products released in October 2005.
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Dataflation is the destabilizing tendency of data to lose value due to factors such as large-scale unauthorized access, excessive abuse and loss of confidentiality.