ITRC: Lack of Details in Data Breach Notices on the Rise – Source: www.databreachtoday.com

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James E. Lee Shares 2023 Q1 Data Breach Report Highlights

Anna Delaney (annamadeline) •
April 24, 2023    

According to findings from the Identity Theft Resource Center’s 2023 Q1 Data Breach Report, the number of publicly reported data compromises decreased, but the number of data breaches with no actionable information about the root cause of the compromise grew.

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James E. Lee, COO of the ITRC, said that the lack of transparency about data compromises from organizations means that now “the No. 1 root cause of a data breach notice is unknown” – a trend that is “very concerning.”

“We do need to work to improve the amount of information that’s actually being distributed to individuals and organizations so they can better protect themselves,” he said.

In this video interview with Information Security Media Group, Lee discusses:

• Highlights from the ITRC’s 2023 Q1 Data Breach Report;
• What can be done to encourage more transparency from organizations that have been breached;
• Key takeaways from the 2023 U.S Government Identity Fraud Conference, IDENTIVATION.

A data protection and technology veteran, Lee is the former executive vice president and company secretary of Irish application security company Waratek and former senior vice president and chief marketing officer for Atlanta-based data pioneer ChoicePoint, now LexisNexis. He also chaired two working groups on identity management and privacy for the American National Standards Institute. Prior to joining ChoicePoint, Lee served as a global public affairs and communication executive at International Paper Co.