Alessandra Malito reports: Potential security risk concerns over Finra’s highly-debated Comprehensive Automated Risk Data System proposal, or CARDS, are not simply hot air, cybersecurity and big data experts say. The initiative by the Financial Industry Regulatory Authority Inc., which was recently put on hold for further evaluation amid negative feedback, was proposed as a means of…
Category: Commentaries and Analyses
Three men associated with Anonymous Australia facing jail time: Part 1
Three men affiliated with Anonymous Australia are facing jail time: one for incitement, and two for serious hacking charges that could send each man to prison for many years. DataBreaches.net started looking into all three cases and how the men’s paths crossed. In this post, we provide some background and details on one of the cases. Future posts will…
DOJ Issues Data Breach Guidance
Alston & Bird write: On Wednesday, April 29, 2015, the Department of Justice Computer Crime and Intellectual Property Section (CCIPS) Cybersecurity Unit issued new, detailed guidance on data breach incident response best practices. The document was announced at an invitation-only round table hosted by DOJ and provides guidance on what DOJ regards as “best practices for victims and potential…
LabMD moves to disqualify Commissioner Ramirez from administrative case; also moves to dismiss entire case
As the administrative hearing in FTC v. LabMD gets closer to resuming, there have been two developments to note. The first is that LabMD has moved to disqualify Commissioner Edith Ramirez, alleging that she has been “irrevocably tainted and compromised” by her involvement in the FTC’s response to the House Oversight Committee’s investigation of Tiversa. I do not…
Vulnerability in Magento platform put online shoppers’ data at risk for years – researchers
Priya Anand reports: Criminals are exploiting a vulnerability in about 87,000 e-commerce websites that puts information including customers’ stored credit-card data at risk. The online shopping websites were susceptible to a chain of weaknesses on the platform Magento, which runs on about one-third of online shops, as of Friday morning, according to the Tel Aviv,…
Connecticut state law reveals huge extent of data privacy losses
Mackenzie Rigg reports that since a Connecticut law requiring breaches be reported to the Attorney General was enacted on Oct. 1, 2012, more than 1,100 reports have been made to Attorney General George Jepsen’s office, including 445 in 2013 and 447 in 2014. Read more on News Times about the types of breach reports the state has…