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It's a sunny day somewhere thousands of miles away from your data centre. A savvy hacker sits in front of his monitor. A dishonest IT specialist, lack of encryption and insufficient physical security controls may have contributed to the disappearance of a US Department of Veterans Affairs (VA) external hard drive that contained the personal information of 1.8 million people, an Office of Inspector General (OIG) report has concluded. Australia’s Privacy Commissioner Karen Curtis has warned local government agencies and businesses to adhere closely to the Privacy Act in order to avoid a disastrous UK style data breach. A Sydney-based music website has apologised to users after it accidentally exposed over 700 user names and passwords to members of its mailing list. Store vouchers and a three-day sale are some of the concessions TJX has pledged in a settlement with customers who sued the discount retail giant following a massive customer data theft. The theft of classified information by a contractor's former employee has forced the Los Alamos National Laboratory to implement a variety of tactical and strategic security policies commonly found in a private enterprise. A federal employee union has filed suit against the Transportation Security Administration over a lost external hard drive that contained the personal information of some 100,000 workers. Aussie companies underestimate the advancements in encryption technology and fail to secure data. Nearly nine out of 10 corporate data breaches could have been prevented had reasonable security measures been in place, according to a report issued today by Verizon Business. TJX, owner of the TK Maxx brand, has agreed to settle a series of class-action lawsuits stemming from a huge data breach in 2005. The pharmaceutical company Pfizer has revealed that it has suffered a data breach with the personal details of thousands of employees stolen. A California law firm has filed a class-action lawsuit against Certegy Check Services on behalf of the 8.5 million customers whose sensitive information was sold to direct marketers by a former employee of the check verification service. Symantec has found that nearly 80 percent of businesses surveyed in Australia have had some form of data breach. The Bank of New York Mellon (BNY Mellon) has admitted that the number of its customers hit by a data breach was much larger than previously stated. The insider threat is the main security risk enterprises face -- insider incidents from using system administrator or privileged account access are responsible for nine out of 10 breaches in data security. Two crimeservers containing 500 megabytes of stolen data have been discovered in Argentina and Malaysia. The former Certegy employee who sold millions of customer records to direct marketers may also have set off a string of identity theft attacks, contrary to reports from the check verification company, according to a group of online posters. Two high street giants, Orange and Littlewoods, have been found in breach of the Data Protection Act following the negligent management of sensitive customer information. Security professionals weigh in on what may have caused the most recent high-profile personal account breach -- this one involving French President Nicolas Sarkozy. A sizeable 60 per cent of UK organisations have suffered at least one data breach over the last 12 months, according to a new survey.