Over on CSO, Bill Brenner writes: No matter how rigorous the audit, chances remain high that a company will still suffer a security breach. The bad guys are always at work and it’s hard to keep up with them. If and when that kind of failure happens, the key to bigger failure or success is…
Category: Commentaries and Analyses
GAO: Federal network security breaches spike 650 percent
Aliya Sternstein reports: Reports of network security incidents at federal agencies have soared 650 percent during the past half-decade, jeopardizing the confidentiality and integrity of sensitive government information, federal auditors charged in a congressionally mandated report. The most prevalent types of cyber events included infections from malicious code — 30 percent of incidents; violations of…
AU: Dumped computers exploited in overseas fraud
There’s nothing really new here, but it’s a useful reminder. Natalie O’Brien reports: Criminal networks are feeding off Australians’ lust for new technology by skimming data from computers dumped in Africa and Asia – and using it for blackmail, fraud and identity theft. They will pay as much as $200 on the black market for…
Data Security: SK Communications Data Breach Due To “Cheap” Foreign Antivirus Software
Sang Lee provides a follow-up on the SK Communications hack that affected 35 million South Koreans, covered previously on this blog: […] According to South Korean media, the Korean Committee on Culture, Sports, Tourism, Broadcasting & Communications released a report yesterday noting that, of the 50 or so antivirus software available in the Korean market, SK…
UK: Card fraud on rise in travel sector
Travel companies suffer a higher rate of card fraud than the average UK business as a result of the explosion in card-not-present transactions. An industry conference in London yesterday was told that overall card fraud is falling, but card-not-present transactions have ballooned and retailers invariably bear the cost of the fraud loss. […] There are…
Data breaches affect 2m in Mass.
Hiawatha Bray reports: Personal information from nearly one out of three Massachusetts residents, from names and addresses to medical histories, has been compromised through data theft or loss since the beginning of 2010, according to statistics released yesterday by the office of Attorney General Martha Coakley. […] The attorney general’s office has received 1,166 data…