2007 Marked By Record-Setting Data Theft

By: Associated Press
By: Associated Press

BOSTON (AP) - Theft and loss of credit-card and Social Security numbers soared to unprecedented levels in 2007.

Experts say the trend isn't likely to turn around anytime soon, as hackers stay ahead of security, and laptops filled with sensitive information disappear.

Companies, government agencies, schools and other institutions are spending more to protect the ever-increasing volume of personal data, but the investment often is too little, too late.

Data theft expert Linda Foley says too many companies are reacting after the fact instead of looking for holes ahead of time.

Many experts see wireless data transmission as a major vulnerability. They warn that eavesdroppers are learning how to bypass security safeguards faster than ever.

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