Connie reports: To strengthen regulations on protecting personal information following a recent data leak by credit card companies here in Korea a new privacy protection bill is moving through the National Assembly. The bill, passed Wednesday by the Security and Public Administration standing committee, would require financial institutions and other public companies to use encrypted…
Category: Of Note
Verizon Investigating Two More Retail Breaches
Danny Yadron reports: Verizon Communications Inc. is investigating possible security breaches at two unnamed retailers that appear similar to intrusions at other merchants late last year, a Verizon official said. Bryan Sartin, director of the research, investigations, solutions, knowledge team at Verizon’s enterprise solutions unit, said the retailers involved in the newly discovered breaches haven’t yet…
360 million newly stolen credentials on black market – Hold Security LLC
Jim Finkle reports: A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access. The discovery could represent more of a risk to consumers and…
Comparison of Five Data-Breach Bills Currently Pending in the Senate
Meena Harris writes: Data security continues to be a hot issue on Capitol Hill, and just yesterday Attorney General Eric Holder urged Congress to create a “strong, national standard” for quickly reporting data breaches to consumers. Democratic and Republican senators have been busy drafting legislation that would establish national requirements for data security and breach notice. The following bills…
University of Maryland revises offer of free credit monitoring to five years, creates cybersecurity task force
The University of Maryland has lengthened the time of free credit monitoring it will offer to the hundreds of thousands of people whose personal information was compromised during a data breach. President Wallace Loh said in a statement posted Tuesday on the university’s website that those affected will be offered five years of free credit…
Indiana University notifying 146,000 current & former students that details were accessed by webcrawlers over 11-month period
Indiana University issued the following statement today: Indiana University notified the Indiana attorney general’s office today of the potential exposure of personal data for some students and recent graduates. The data potentially at risk for disclosure includes names, addresses and Social Security numbers for approximately 146,000 students and recent graduates across seven IU campuses who…