Jim is one of the country’s leading experts on data breaches, having served as an expert witness in many of the nation’s largest data breach litigations, including Anthem, Equifax and Yahoo. With his expertise, Jim co-founded Breach Clarity, the startup that developed a proprietary algorithm for the personalized identity and fraud risk assessment of data breaches. Breach Clarity was subsequently acquired by TransUnion.
Jim was the founder of Javelin Strategy & Research and served as its CEO for 12 years. He is a board member for the Identity Theft Resource Center, and is a former board member of the U.S. Consumer Financial Protection Bureau (CFPB).
Jim Van Dyke, who has served as an expert harms witness in some of the country’s largest data breach litigations, noted that cybercriminals are pursuing supply chain attacks for a higher return on effort. “By focusing attacks on the accounting, payroll or administrative firms that serve multiple clients, a single breach can give an attacker access to the data of multiple organizations at once, including customer and employee records,” he said.
https://www.cuinsight.com/press-release/new-analysis-reveals-number-and-severity-of-known-data-breaches-in-2022-is-nearly-double-whats-been-reported/
Analysis of 2022 data breaches has uncovered sobering news for consumers and businesses. The overall number of publicly reported data breaches remained high at 1,802 in 2022, with an increase in a specific type of breach known to cause scams — the third-party breach.
A Forsyth County company that provides healthcare for people inside correctional facilities nationwide was the target of a recent data breach, leaving tens of thousands of incarcerated people at risk of having their identities stolen.
The third-party data breach has become the darling of the cybercrime world. The number of third-party breaches, also known as supply-chain breaches, more than tripled from 2021 to 2022, and the pace of these attacks may increase as regulators continue to wrestle with determining who ultimately pays the bill for these financial crimes. Third-party attacks