Brian Krebs reports: A new report from the U.S. Treasury Department found that a majority of bank account takeovers by cyberthieves over the past decade might have been thwarted had affected institutions known to look for and block transactions coming through Tor, a global communications network that helps users maintain anonymity by obfuscating their true location online. Read…
Category: Commentaries and Analyses
Hacked vs. Hackers: Game On
Nicole Perlroth reports: … Until last year, Dr. Shrobe was a manager at the Defense Advanced Research Projects Agency, known as Darpa, overseeing the agency’s Clean Slate program, a multiproject “Do Over” for the computer security industry. The program included two separate but related projects. Their premise was to reconsider computing from the ground up…
I think we’re running out of hashtags for how bad the Sony #databreach was (Update1)
It just gets more and more embarrassing for Sony. Here are just a few stories from today’s news: It Gets Worse: The Newest Sony Data Breach Exposes Thousands Of Passwords Sony Pictures hackers stole 47,000 social security numbers, including Sly Stallone’s SONY PICTURES HACK SPREADS TO DELOITTE: THOUSANDS OF AUDIT FIRM’S SALARIES ARE LEAKED Let the Congressional hearings…
Target Had Duty to Protect Data: Judge
Missy Baxter reports: In a much-anticipated court ruling, a Minnesota federal judge said Tuesday that Target Corp. had a duty to protect debit and credit card information from cyberthieves. U.S. District Judge Paul Magnuson rejected Target’s attempt to dismiss claims filed by a group of financial institutions seeking damages related to the retailer’s data breach in late…
National Notification Law Unlikely
From the tell-us-something-we-didn’t-know-already dept., Mark Gerlach reports: Although cyberattacks are becoming more prevalent, breach notification laws in the U.S. lack synergy, said the opening panelists at ALM’s Cybersecurity and Data Protection Legal Summit Tuesday morning at The Harvard Club in New York City. […] “I wouldn’t hold your breath for a national breach notification,” said…
Over $1.7 Trillion Lost Per Year from Data Loss and Downtime According to Global IT Study
HOPKINTON, Mass., Dec. 2, 2014 /PRNewswire/ — RESEARCH HIGHLIGHTS: Data loss and downtime costs enterprises $1.7 trillion1 Companies on average lost 400%2 more data over the last two years (equivalent to 24 million emails3 each) 71% of IT professionals are not fully confident in their ability to recover information following an incident 51% of organizations lack a disaster recovery plan…