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SUMMARY

Policy details of 641,000 on lost backup tape
Records	641,000
Record Types	ACC
Breach Type	Lost Tape
Data Family	Electronic
Source	Outside
Organization	Zurich Insurance
Other Affected/Involved Organizations	None
Lawsuit?	NO/UNKNOWN
Data Recovered?	NO/UNKNOWN
Arrest?	NO/UNKNOWN
Submitted By:	Lyger

TIMELINE

Date	Event
2008-08-01	Incident Occurred
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None. Add Data	Incident Discovered By Organization
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2009-10-22	Organization Reports Incident
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None. Add Data	Organization Mails Notifications
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None. Add Data	Records Recovered
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None. Add Data	Lawsuit Filed
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None. Add Data	Arrest Made
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SIMILAR INCIDENTS

records	date	organizations
650,000	2008-01-17	Iron Mountain, GE Money
1,000,000	2005-02-26	Bank of America, Unknown Organization

SPONSOR

Zecurion protects organizations worldwide, with more than 5,000 global deployments, using its award-winning software security solutions. Zecurion’s solutions create a “locked-vault” around data on servers, backup storage media, e-mail, peripheral devices and printers that both monitors and prevents unauthorized access.

MAP OF INCIDENT LOCATION

Address: South Africa
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REFERENCES

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ATTACHMENTS

COSTS SUMMARY

Known Actual Costs

No known costs for this incident.

Estimated Costs

Ponemon Institute Direct Costs Estimate ¹

$38,460,000.00

Note that these estimates are based on the Ponemon Institute's 2009 direct costs figures from their 2009 Annual Study: Cost of a Data Breach. We multiply $60.00 by the number of records to obtain this figure. Keep in mind that depending on the breach, the direct costs are not always suffered by the breached organizations. In the case of credit card number breaches, the direct costs can often be suffered by banks and card issuers. Also note that this is only an estimate.

COMMENTS

Incidents:

Data Types:

Sectors:

Sources:

Breach Types:

Disposal Computer | Disposal Document | Disposal Tape | Disposal Drive
Email | Fraud Se | Hack | Lost Computer
Lost Document | Lost Drive | Lost Laptop | Lost Media
Lost Tape | Missing Laptop | Snail Mail | Stolen Computer
Stolen Document | Stolen Drive | Stolen Laptop | Stolen Media
Stolen Tape | Unknown | Virus | Web