Sakari Aalto discusses findings from a survey conducted by Finland’s Office of the Data Protection Ombudsman. The survey, carried out at the end of 2012, surveyed 74 companies and organizations that had experienced data security breaches during October – December 2011. Aalto writes, in part: In an alarmingly large proportion of companies (30%), the security…
Category: Business Sector
UK: Payday loans firm loses licence over identity theft loans
We don’t see this too often, but lack of adequate security costs this business its business, and the consequences were imposed by a regulator. Out-Law.com reports: MCO Capital Limited made loans in the name of 7,000 people whose identity was used by fraudsters without their permission or knowledge. The loans totalled millions of pounds and…
Xbox Entertainment Awards blighted by security breach
Ben Parfitt reports: Microsoft has this morning been hit by a security breach of its Xbox Entertainment Awards 2013 service. MCV was contacted by a reader with a link to a page that appeared to list all those who had voted and therefore been entered into the prize draw. The data included names, gamertags, emails…
More problems for Subway: Feds charge two men in plot to sell hacked Subway gift cards worth $40,000
Cyrus Farivar reports that Subway, who had previous hacking problems, has had other problems: Two California men were charged in a case involving hacking point-of-sale (POS) computers at various Subway restaurants in a newly unsealed indictment on Friday in Boston. The two suspects are Shahin Abdollahi, aka “Sean Holdt,” and Jeffrey Thomas Wilkinson, both of…
Steakhouse Data-Theft Leader Gets As Much as 13 1/2 Years
Just to follow-up on previously reported breaches: The leader of a ring of waiters who copied customer credit cards at New York steakhouses including Smith & Wollensky and the Capital Grille so accomplices could buy luxury goods was ordered to go to prison for as long as 13 1/2 years. Luis “Damian” Jacas, 42, oversaw…
Does a presidential executive order on cybersecurity get a hotel chain off the FTC hook for its breaches?
I occasionally check the docket for FTC’s lawsuit against Wyndham over the multiple breaches they experienced. A story in my news reader today about how Ben Rothke of Wyndham Worldwide gave a talk on “The five habits of highly secure organizations” struck me as somewhat ironic, and I decided to see where the lawsuit stood. Of…