Tracy Kitten reports: …. What role should merchants play, when it comes to ensuring transactional security, and how should financial institutions, as card-issuers, fall into the fray? Attorney Randy Sabett, partner and co-chair of the Internet and Data Protection practice at law firm SNR Denton LLP, says the liability lines are often blurred and hard to…
Category: Commentaries and Analyses
Charity reports huge rise in staff data fraud
Insider fraud is reportedly being increasingly reported in the UK: There has been a startling rise in personal and account data being stolen from UK companies, according to the Cifas, an anti-fraud advice body. It recorded a 63 per cent rise in staff members stealing customer data in 2010 compared with 2009. Cifas adds that…
Information and Privacy Commissioner issues his decisions about the Epsilon data breach that affected Best Buy and Air Miles
From the press release: The Information and Privacy Commissioner of Alberta, Frank Work issued his decisions today in regard to Best Buy Canada Ltd., and Air Miles Reward Program’s breach incident reports involving unauthorized access to personal information. Amendments to the Personal Information Protection Act (PIPA) require organizations to report incidents where there exists a…
Breach Notification Proposal Lacks Teeth
Clearly I’m not the only one who was unimpressed with the Obama administration’s plan for a federal data breach notification law. Tracy Kitten reports: The Obama administration’s plan for a federal data breach notification policy is too vague to be effective, and it lacks teeth to penalize violators, critics say. Read more on BankInfoSecurity.com.
(Follow-up, update, and correction)
Editor’s Note: the content of the blog entry that originally appeared on May 17, 2011 has been deleted on August 30, 2012 after it was brought to this site’s attention that the original source had removed their story and that it may not have been accurate. That’s the second time a news story from NDTV…
AU: How security chief’s bank details leaked
Ben Grubb reports: Security firm Symantec’s Australian chief has revealed how his personal credit card details were leaked by a Melbourne restaurant, which he said highlighted the need for mandatory privacy breach notification laws. […] Scroggie’s credit card data was leaked via email when a Melbourne restaurant at which he was a member attempted to…