Michael Riley reports: The U.S. Secret Service is investigating a possible security breach at Sears Holdings Corporation, after a series of cyber attacks on retailers that have exposed the credit-card data of millions of U.S. consumers, according to a person familiar with the investigation. Read more on Bloomberg.com. The Chicago Tribune has a response from…
Category: Of Note
KR: Hackers arrested over data leakage
Choi Mo-Ran reports: Authorities said yesterday that they have arrested three hackers suspected of leaking the personal data of 17 million people from 225 websites. The Incheon Metropolitan Police Agency announced yesterday that it had arrested the trio, who stole personal data from Korean websites and sold it to loan lenders and chauffeur service companies…
KR: Standing committee passes ‘Privacy Act’ to beef up regulations on personal data
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…
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…