Robert Muggah and Nathan Thompson report: Brazil is at the epicenter of a global cybercrime wave. The country ranks second worldwide in online banking fraud and financial malware, and the problem is only getting worse. According to official sources, the number of cyberattacks within the country grew by 197 percent in 2014, and online banking fraud spiked by 40…
Category: Commentaries and Analyses
AU: Immigration investigation judged ‘unfair’ after asylum seeker data breach
Nicole Hasham reports: Former immigration minister Scott Morrison presided over an “unfair” investigation that ensured asylum seekers were unsuccessful in showing a serious data bungle made it more dangerous to return home, the Federal Court has found. The privacy breach, when the Immigration Department published online the confidential details of almost 10,000 asylum seekers, raised the prospect that…
Burning Down The House – The Wyndham Decision Allows The FTC To Sue Businesses For Getting Hacked
Avery Dial and Rory Eric Jurman of Fowler White Burnett, P.A., write: As it is commonly understood, the Great Fire of London spawned two fixtures of the modern world: advancements in firefighting and property insurance. The risk of fire was seen as a threat to society as a whole and mechanisms to mitigate that risk…
Central New Mexico Community College student information possibly compromised (Updated)
KOAT reports: Thousands of Central New Mexico Community College students could be at risk of having their personnel information compromised. The college said someone from the health center reported in July that a thumb drive with students’ birth dates and Social Security numbers was missing. The college does not know what happened to it. Read more…
Wyndham Case May Mean Uncertainty for New Payment Providers
Kery Murakami reports: Wyndham Hotels & Resorts LLC’s appeal of a Federal Trade Commission (FTC) complaint against the hotel chain for alleged lax data protection practices is being watched closely by banking officials who say it could lead to uncertainty over cybersecurity regulations for emerging technologies such as mobile wallets and digital payments. The case…
SONY HACK WAS WAR says FBI, and ‘we’re still struggling to hire talent’
Alexander J. Martin reports: Yesteryear’s hack of Sony Pictures was an act of war, stated FBI Supervisory Special Agent Timothy Wallach, who delivered the FBI’s gradation system of cybercriminals to net security conference Cloudsec on Thursday, 17 September. US agencies have fingered the North Korean government for the Sony attack repeatedly, initially to much scorn as the nation is…