According to a recent survey by IS Decisions, 75% of businesses leave themselves open to infosecurity breaches from former employees by not following strict post-employment processes to ensure employees no longer have access to information. FreshBusinessThinking.com has more on the survey. Now add in the risks of employees who know they will be leaving their jobs…
Category: Commentaries and Analyses
Tiversa’s CEO responds to former employee’s testimony in FTC v. LabMD
Tiversa CEO Robert Boback has responded to the testimony of a former employee, Richard (“Rick”) Wallace at yesterday’s hearing in FTC v. LabMD. In a statement sent to this site, he writes: What was probably lost on most people in the audience was that Wallace testified that HE downloaded the 1,718 file (the LabMD file in…
Former Tiversa employee takes the stand in FTC v. LabMD, claims Tiversa falsified data presented to FTC and Congress (updated)
Update: The transcript of Rick Wallace’s testimony is now available online, here. At the time this post was written, only an unofficial transcript was available. After months of delay while immunity was sought and obtained for a former Tiversa employee, Rick Wallace finally took the stand today in FTC v. LabMD. And as LabMD’s CEO Michael…
FDIC OIG publishes results of audit of personally identifiable information in owned real estate properties
Buckley Sandler LLP writes: On April 28, the FDIC’s Office of the Inspector General published a report – The FDIC’s Controls for Identifying, Securing, and Disposing of Personally Identifiable Information in Owned Real Estate Properties– regarding its audit of the agency’s internal controls of personally identifiable information (PII) in owned real estate (ORE) properties, which it…
Finra CARDS data breach risk is real
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…
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…