Adam Walser reports that a former volunteer at the non-profit Kingdom Purpose, Teach One Reach One after-school program was allegedly able to hijack ownership of the charity by altering public information on the Florida Department of State sunbiz.org website. And there’s little the Department of State says they can do about it. The former volunteer, Sabrina Miller-White, who had been convicted on…
Category: Commentaries and Analyses
Virginia Beach reports bank security breach
Kathy Hieatt reports: The city is investigating a security breach into its bank accounts, including at least one with more than $50 million, according to a news release this afternoon. Two city employees who are not with the Treasurer’s Office had access to the city’s Bank of America checking accounts from home, according to the…
“Denver VA blames TV station for data breach”
I was waiting to see what would happen with this one. Now I know. In a story headlined “Denver VA blames TV station for data breach,” Tom Roeder reports: The Department of Veterans Affairs in Denver is blaming a television station for a data breach that officials say compromised the personal information of 508 patients….
Hacked uni’s admins hand ID theft prevention reward to data burglars
I wish this was an April Fools’ Day prank, but it’s not. Alexander J. Martin reports that Bradley University’s response to their recent breach may just have made things worse for their employees. Keep in mind as you read the following that the breach involved Social Security numbers: The private institution then attempted to mitigate…
Why Data Breaches Don’t Hurt Stock Prices
Elena Kvochko and Rajiv Pant review the impact of some of the major breaches, noting what we’ve all noted – that breaches generally don’t have a huge economic impact on stock prices. Here’s a snippet from their article: This mismatch between the stock price and the medium and long-term impact on companies’ profitability should be…
Let’s send an unencrypted thumb drive via mail. What can possibly go wrong, right?
No, Human Resource Advantage. You do not get to put an unencrypted thumb drive with employee records in the regular mail to TrustHCS and then claim you take the security of personal information in your control “very seriously.” From your own investigation, that drive contained names, Social Security numbers, dates of birth, bank account information, postal…