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Category: Business Sector

Analyst sees Target data breach costs topping $1 billion

Posted on January 31, 2014 by Dissent

Tom Webb reports: Two months into the Target security breach, fraud is turning up on 10 percent to 15 percent of the stolen card accounts, a security specialist says. Based on that brisk level of criminal activity, one Wall Street analyst estimates that perhaps 5 million of the 40 million stolen credit and debit cards…

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Mass hack attack on Yahoo Mail accounts prompts password reset

Posted on January 31, 2014 by Dissent

I noted a lot of tweets yesterday about Yahoo email being hacked and couldn’t figure out what the surprise was – after all, I had already reported  that problem on January 27. In any event, it’s now been confirmed, I guess. Dan Goodin reports: Yahoo said it is resetting passwords for some of its e-mail…

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State Industrial Products employee info found in possession of tax refund fraudsters (Update 1)

Posted on January 30, 2014 by Dissent

idRADAR reports: State Industrial Products (SIP) is notifying employees past and present that their personal information may have fallen into the hands of a criminal ring seeking to grab workers’ income tax refunds. It’s a new data breach that has serious implications because the IRS filing season opens in just 48 hours. The FBI notified SIP…

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Vengeful EnerVest Operating network engineer pleads guilty to intentionally damaging computer system

Posted on January 29, 2014 by Dissent

CHARLESTON – United States Attorney Booth Goodwin announced today that a former network engineer at Charleston-based EnerVest Operating pleaded guilty to intentionally causing damage to his employer’s computer system.  Ricky Joe Mitchell, 34, now of Mableton, GA, admitted that in June of 2012, shortly after he learned that he was going to be fired, he…

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Target Hackers Used Stolen Vendor Credentials

Posted on January 29, 2014 by Dissent

Danny Yadron, Paul Ziobro and Charles Levinson report: The hackers who stole 40 million credit- and debit-card numbers from Target Corp. appear to have breached the discounter’s systems by using credentials stolen from a vendor. The finding will help to start unraveling the riddle of how the software that carried out the attack got into Target’s systems….

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Big Tree Solutions data breach affected those who ordered online from restaurants (update 1)

Posted on January 29, 2014 by Dissent

Yesterday, in commenting on the Bike Waiter breach, I wisely thought to contact Big Tree Solutions to inquire whether any of their other clients were affected by the breach reported by Bike Waiter. Big Tree Solutions did not respond to my e-mail inquiry, but today, I find that San Diego-based Bring It To Me is…

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