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Category: Of Note

If you receive a breach notification letter offering you free credit monitoring….

Posted on March 19, 2014 by Dissent

Then Brian Kreb’s column today is a MUST READ for you. Find out what these services do – and don’t do – and what your alternatives are.

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LifeLock under investigation by the FTC

Posted on March 18, 2014 by Dissent

Well, LifeLock said they come under investigation by the FTC, and it seems they are. SeekingAlpha points us to LifeLock’s most recent 8-K, which says, in part: On March 13, 2014, LifeLock received, as expected, a request from the FTC for documents and information related to LifeLock’s compliance with the FTC Stipulated Final Judgment and…

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KR: KT sued over data leaking

Posted on March 18, 2014 by Dissent

Kim Jung-Yoon reports: The Citizens’ Coalition for Economic Justice (CCEJ) is filing a public interest lawsuit against the nation’s No. 2 mobile carrier, KT, over leaked personal information. It is claiming damages of 1 million won ($933) per customer. The CCEJ held a press conference in front of KT headquarters in Gwanghwamun, central Seoul, yesterday…

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N.Y. Court: Zurich Not Obligated to Defend Sony Units in Data Breach Litigation

Posted on March 18, 2014 by Dissent

Young Ha reports: A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in litigation stemming from the April 2011 hacking of Sony Corp.’s PlayStation online services. Ruling on the…

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Men from Ukraine and New York indicted in U.S. cybercrime case

Posted on March 17, 2014 by Dissent

Jonathan Stempel reports: Federal prosecutors on Monday announced the indictment of three men they accuse of being members of an international cybercrime ring that tried to steal at least $15 million by hacking into U.S. customer accounts at 14 financial institutions and the Department of Defense’s payroll service. Oleksiy Sharapka, 33, and Leonid Yanovitsky, 39,…

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Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It

Posted on March 15, 2014 by Dissent

I finally got around to reading this fascinating report by Michael Riley, Ben Elgin, Dune Lawrence, and Carol Matlack for Bloomberg Businessweek. This goes far beyond other media coverage about how Target “missed” or “ignored” FireEye alerts and really gives more details of how the breach occurred.

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