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Category: Business Sector

Breach not to blame for TurboTax fraud: Intuit CEO

Posted on February 20, 2015 by Dissent

Tom DiChristopher reports: A spike in fraudulent state tax filings through TurboTax was not due to a breach at software maker Intuit, CEO Brad Smith told CNBC on Friday. “Our systems have not been breached at Intuit,” Smith said during a “Squawk Alley” interview. “We take privacy and security of our customers’ information as job one….

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CT High Court Case May Reshape Data Breach Coverage

Posted on February 20, 2015 by Dissent

Jeff Sistrunk reports: The Connecticut Supreme Court’s forthcoming decision in an insurance coverage dispute over an incident that exposed sensitive information for 500,000 IBM Corp. employees could help shape data breach coverage litigation, as the court is likely to weigh in on what constitutes a “publication” that triggers coverage when data is lost. Read more…

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Microsoft Adopts ISO/IEC 27018 For Personal Data, Privacy Protection In Public Cloud

Posted on February 18, 2015 by Dissent

Quinten Plummer reports: Microsoft has adopted an international standard for certifying the security of its cloud offerings, making it the first major cloud services provider to do so, the company says. The company adopted the International Organization for Standardization and International Electrotechnical Commission’s standard 27018 to certify the security of its cloud offerings, using the…

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Credit card info stolen in Big Fish Games site compromise

Posted on February 18, 2015 by Dissent

Help Net Security reports: Seattle-based casual gaming company Big Fish Games has has (sic) its site and personal and financial information of some of its users compromised in an attack that started on last Christmas Eve. “An unknown criminal installed malware on the billing and payment pages of our website that appears to have intercepted…

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Optimus fine for employee snooping on journalist comms reduced from €4.5 mln to €100,000

Posted on February 17, 2015 by Dissent

Telecompaper reports: A fine imposed by the Portuguese Data Protection Authority (CNPD) on mobile operator Optimus (now Nos, after the merger with Zon) has been reduced from EUR 4.5 million to EUR 100,000, reports Tek. The fine was imposed for illegal access by an employee of the company to the detailed communications of a journalist…

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The Target and Other Financial Data Breaches: Frequently Asked Questions

Posted on February 14, 2015 by Dissent

Sabrina I. Pacifici writes: The Target and Other Financial Data Breaches: Frequently Asked Questions “In November and December of 2013, cybercriminals breached the data security of Target, one of the largest U.S. retail chains, stealing the personal and financial information of millions of customers. On December 19, 2013, Target confirmed that some 40 million credit…

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