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Category: Commentaries and Analyses

White-hat hackers lifted 560,000 corporate passwords in 31 days. We’re all screwed.

Posted on August 14, 2014 by Dissent

Richard Byrne Reilly reports: The password you use to log into your company network likely sucks. That’s the maybe-not-so-astonishing revelation from a group white-hat hackers who probe for vulnerabilities in corporate networks for a living. Over the course of a year, the hackers at Trustwave attacked more than 626,000 accounts throughout corporate America and were able to successfully crack…

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1.4 Million Taxpayers Exposed to ‘increased risk of fraud and identity theft’ by IRS

Posted on August 14, 2014 by Dissent

J.D. Tuccille writes: The geniuses at the Internal Revenue Service gave sensitive data on over a million taxpayers to a printing contractor wiout checking the bona fides of any of the contractor’s employees, says the Treasury Inspector General for Tax Administration. The news comes from a report dated last month but just released to the public. This…

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SEC failed to guard sensitive information

Posted on August 11, 2014 by Dissent

Kevin Cirilli reports: An internal government report obtained by The Hill says the Securities and Exchange Commission has failed to properly guard sensitive nonpublic information. [READ INSPECTOR GENERAL REPORT.] The report from the SEC’s Inspector General says the agency failed to clear the room during non-public executive session votes of the five-member board. It also…

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French credit card users most at risk of fraud

Posted on August 8, 2014 by Dissent

From The Local: Bank card users in France stood the highest chance of being a victim of fraud compared to the rest of Europe, new data released this week has revealed. Experts say France’s adoption chip and pin technology has forced criminals to find other ways stealing money. Some interesting stats in this article in…

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UK: ICO fires warning to legal professionals following ‘troubling’ number of data breaches

Posted on August 7, 2014 by Dissent

Kate Fulton reports: The UK’s privacy watchdog has fired a warning to barristers and solicitors following a spate of data protection breaches by legal professionals. In a blog post, the ICO wrote that 15 incidents involving legal professionals breaching the Data Protection Act (DPA) have been reported in the last three months. Read more on TechRadar.

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Firm That Exposed Breach Of ‘Billion Passwords’ Quickly Offered $120 Service To Find Out If You’re Affected

Posted on August 6, 2014 by Dissent

It’s certainly in the interest of any security firm to to portray the state of cybersecurity as dire to make their wares more appealing, and that’s something any reader should keep in mind when reading quotes from a security professional. But this is a pretty direct link between a panic and a pay-out for a…

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