71% of Data Breaches Are Detected By Third Parties

A new report by Chicago-based Trustwave, a data security provider, has found 71 percent of companies that experienced a data breach in 2013 did not detect the breach themselves, with many of the breaches being first discovered by law enforcement and banks.

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The report, which examined nine industries including healthcare, also made the following findings:

  • 31 percent of data breaches were caused by weak password protection that allowed hackers or unauthorized users to infiltrate a system
  • It took companies an average of 87 days to detect a data breach

  • It took companies an average of 7 days to contain a data breach caused by a malicious attack

More Articles on Data Breaches:

Malicious Attacks Are Most Costly Type of Data Breach
UC Irvine Notifies Patients of Data Breach Caused By Computer Virus 
6 Recent Insider Data Breaches 

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