Technology: 4 measures to help protect against network intrusion

30 to 40 percent of companies are currently unwittingly suffering intrusions

In the past 18 months, there has been a steady procession of stories about top U.S. companies that have suffered major network intrusions. The companies come from a diverse cross-section of the economy, including the technology, telecommunications, finance, retail, energy and health care sectors. Some have entered into multi-million dollar settlements with consumers, some have paid hefty regulatory fines and some are embroiled in costly litigation. And the costs associated with such intrusions continue to rise.

Companies interviewed by the Ponemon Institute for its “2010 Report on the Cost of a Data Breach” reported an average cost of $7.2 million for responding to a breach, up 7 percent from the previous year. The value of proprietary information stolen from U.S. companies’ networks over the last year was nearly $500 billion, according to Congressman Mike Rogers, chairman of the House of Representatives Permanent Select Committee on Intelligence.

Contributing Author

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Todd Hinnen

Todd Hinnen is a partner in Perkins Coie's Privacy & Security practice. Prior to joining Perkins Coie, Todd was the Acting Assistant Attorney General for...

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Contributing Author

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Michael Sussmann

Michael Sussmann is a partner in Perkins Coie's Privacy & Security practice, where his practice covers Internet-related crimes, electronic surveillance, regulatory compliance, white collar defense,...

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