18% of employees admitted to sharing their password.

In 2008, the average cost per incident of a data breach was $6.7 million, and lost business averaged $4.6 million.

64% of losses were due to the actions of insiders at the company.

A shocking 11% of employees reported that they or their fellow employees accessed unauthorized information and sold it for profit.

Business travelers lose more than 12,000 laptops per week in US airports.

31% of customers terminate their relationship with organizations following a breach.

Businesses lost over $1 trillion to cybercrime in 2008.

77% of companies think their networks are not secure.

The per capita cost of a data breach already exceeds $1000.

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39% most concerned about threat from employees, not hackers.

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  • Category: Articles
    • Getting Our Arms Around Cybercrime
    • Health Net healthcare data breach affects 1.5 million
    • Protect the Enterprise!
    • Removing Anonymity
    • Sovay Technology Empowers Parents and Children in Online Communities
    • SovayID Secures OpenID
    • Traditional Security Fails
  • Category: Ask Sovay
    • Are fingerprint readers the current state-of-the-art in biometric identification?
    • Are our "trustworthy" employees actually a significant risk?
    • Are passwords the typical best practice?
    • Do Biometrics have high False Rejection Rates (FRR)?
    • Do large, world-class organizations need stronger authentication?
    • Does stronger authentication cost more?
    • How do we implement a system that many types of users can use, without changing the way they work?
    • Is Multifactor Authentication the ultimate in enterprise security?
    • Our users will not tolerate any inconvenience. How do we improve authentication security and keep our workers happy?
    • Will tokens help achieve strong authentication?
  • Category: CTO Corner
    • Authentication Technologies
    • Corporate Access
    • Sovay identification
    • What are the Best Biometrics for Securing Your Network?
  • Category: Industry Musings
    • Are You Getting Scammed by Facebook Games?
    • Content-aware IAM: Uniting user access and data rights
    • Facebook User's Friends Scammed
    • Facebook, Twitter draw fire over verification
    • Facebook, Twitter draw fire over verification
    • Mortgage firm Countrywide, in response to alleged data breach, offers free credit monitoring
    • Passwords are the weak link in computer security. Billions hang in the balance.
    • Security breach cost Heartland $12.6 million so far
    • SharePoint 2010 to provide cloud cover, but what about protection?
    • Telegraph reports Facebook and Twitter increasingly a target for hackers
    • TJX Security Breach Costs Soar To 10 Times Earlier Estimate
  • Category: Veritrix News
    • Veritrix Announces New Web Site
    • Veritrix Named "Cool Vendor" by Leading Analyst Firm
    • Veritrix to Present at CEO Showcase - Stanford Summit

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More Ask Sovay

  • Our users will not tolerate any inconvenience. How do we improve authentication security and keep our workers happy?
  • Are our "trustworthy" employees actually a significant risk?
  • Are passwords the typical best practice?
  • How do we implement a system that many types of users can use, without changing the way they work?
  • Do large, world-class organizations need stronger authentication?
  • Does stronger authentication cost more?
  • Will tokens help achieve strong authentication?
  • Do Biometrics have high False Rejection Rates (FRR)?
  • Is Multifactor Authentication the ultimate in enterprise security?
  • Are fingerprint readers the current state-of-the-art in biometric identification?

Words used by visitors that found this page online: malware, control, authentication, threats, company, firewall, identification, biometric, spoof proof, hardware, verification, band, integration, technology, configure, data, user friendly, customizable, network, operating, system

Veritrix is a User Authentication software company. Our unique line of Sovay products offer the latest versions of Identification Protection Software with the following methods: Real Time Authentication Solutions, Multifactor Authentication Solutions and Biometric Authentication Technology.


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