Verizon has released its annual report for 2011 on data breaches, COMPUTERWORLD reports. The report was compiled with help from global law enforcement officials and the U.S. Secret Service. The report suggests companies are "continuing to overlook fundamental security precautions." Verizon studied 850 data breaches to compile the report, finding that "97 percent were avoidable" and that, despite companies' claims that hackers' increasing sophistication is what allows breaches to take place, 96 percent of the attacks "were not highly difficult" for the hackers. "Not enough has been done to...force (organizations) to spend" significant amounts on prevention, said Verizon security analyst Marc Spitler.
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