from the my-password-is-p4ssw0rd dept.
snydeq writes "According to the Identity Theft Resource Center, more than 35 million data records were breached in the US in 2008. Tracking media reports and disclosures companies are required to make by law, the ITRC noted a 47 percent increase in breaches last year at a range of well-known US companies and government entities. The majority of the lost data was neither encrypted nor protected by a password. A third of the breaches occurred at business entities. One in six breaches were attributed to insider theft, a figure that more than doubled between 2007 and 2008, ITRC said."
"An idealist is one who, on noticing that a rose smells better than a
cabbage, concludes that it will also make better soup." - H.L. Mencken