Tony Hazell nails it in a column that begins: The revelation that intimate financial and medical details are being sold to firms with dubious intentions should have sent shockwaves through the financial community. But it probably will not. The Daily Mail last week revealed that financial details were being sold for as little as 5p…
Category: Commentaries and Analyses
Where Stolen Data Goes After Breach: An Experiment
Michael Perrault reports: Where does stolen data go after a breach? Silicon Valley-based data protection company Bitglass conducted an experiment showing that a single stolen document, with multiple data, traveled to 22 countries, was viewed 1,081 times and was downloaded 47 times over a dozen days. Some activity was connected to crime syndicates in Nigeria…
Should security providers be held liable for data breaches?
Krishna Bahirwani reports: Black Hat Asia ended with a discussion started by Black Hat founder Jeff Moss on if security providers, should be held liable for data breaches, because of the critical data they claim to “secure”. The recent number of hacking incidents everywhere have made this a widespread issue and security professionals worldwide have…
Employees have no qualms in selling corporate passwords
Taylor Amerding reports: Plenty of people are careless with their own personal passwords – using the same one for multiple sites, and/or making them so simple that they are comically easy to crack – but hardly anyone would intentionally sell them for a few bucks to someone they know would use them to do them…
UK: 1 conviction for every 100,000 computer crimes?
Here’s a depressing statistic: one computer hacker a month is convicted of cyber crime under the Computer Misuse Act out of 100,000 incidents a year.
FL: Convicted felon hijacks charity – and the state can’t stop it?
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…