(Bloomberg) — Security breaches exposing consumers' personal information are becoming larger and increasingly frequent in New York, costing businesses more than $1.37 billion last year, the state attorney general's office said.
Data breaches in the state more than tripled from 2006 to 2013, resulting in the exposure of 22.8 million personal records, according to a report released yesterday by New York Attorney General Eric Schneiderman. Almost 5,000 breaches were reported to the office by businesses, nonprofits and government entities during that time, with hacking attacks causing the worst damage.
"Our expansive look at data breaches found that millions of New Yorkers have been exposed without their knowledge or consent," Schneiderman said in a statement. The office will take a "collaborative approach to address the complex problems surrounding data security," he said.
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