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Category: Business Sector

Are TerraCom and YourTel the poster children for how NOT to respond to a breach?

Posted on May 25, 2013 by Dissent

Isaac Wolf reports: A month ago, two phone carriers participating in a federal benefit program were alerted that sensitive customer records, including Social Security numbers and bank-account records, were freely posted online. Now, Oklahoma-based TerraCom Inc. and affiliate YourTel America Inc. — the companies that collected the records — say they don’t plan to notify…

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Proxy advisory firm settles SEC charges over data breach: info for concert tickets and meals deal incurs $300,000 fine

Posted on May 24, 2013 by Dissent

Sarah N. Lynch reports:  Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets. The Securities and Exchange Commission said on Thursday that ISS, a unit of MSCI Inc, will pay a $300,000 penalty and…

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ENRC fears data loss from hacking and stolen laptop

Posted on May 23, 2013 by Dissent

Terry Macalister reports: The mining group Eurasian Natural Resources Corporation warned on Thursday that it may have lost internal data as a result of computer hacking and the theft of a laptop. The problems add to a complicated picture for ENRC, a London-based but Kazakh-facing producer of minerals from iron ore to coal, which received an indicative takeover offer…

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Vendini hacked; customers’ credit card numbers possibly accessed

Posted on May 22, 2013 by Dissent

Krister Rollins reports: The Maine Attorney General’s office is issuing an alert for people who may have used an out-of-state service for buying tickets for shows and other forms of entertainment recently. The service, Venidini (sic), Inc., has been hacked, exposing financial information for tens of thousands of customers. Vendini sent a letter to Maine’s…

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Chinese hackers who breached Google gained access to sensitive data, U.S. officials say

Posted on May 21, 2013 by Dissent

Ellen Nakashima reports: Chinese hackers who breached Google’s servers several years ago gained access to a sensitive database with years’ worth of information about U.S. surveillance targets, according to current and former government officials. The breach appears to have been aimed at unearthing the identities of Chinese intelligence operatives in the United States who may…

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Blaming the discoverer of a breach probably not a wise move

Posted on May 20, 2013 by Dissent

More on the Lifeline breach involving TerraCom and its affiliate YourTel America: Scripps Howard News Service has its report on the breach here, and has also published a companion piece with video of how they discovered the breach. As reported previously, Scripps reports that when notified of the leak, TerraCom had accused Scripps of accessing…

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