Paul Ziobro reports: Not even hackers are immune to hacking. Websites that were used to sell credit card data stolen in the massive holiday data breach at Target Corp. were themselves shut down by unknown culprits Monday. “Hi subhumans and miscreants, your fraud site is gone now. Go away,” reads the first line of a message posted on rescator.so and rescator.cm,…
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RI: AG Kilmartin Legislation Would Give Victims of Data Breaches One Free Year of Credit Monitoring
Citing the increasing rate in which consumers information is compromised due to data breaches at companies, Attorney General Kilmartin has authored legislation that would, among other things, require that entities who disclose a breach to a victim who is a Rhode Island resident must provide one year of credit monitoring at no cost to the…
Weds: House Financial Services subcommittee to hold hearing on data breaches
Julian Hattem reports: Data security will be back in the spotlight on Wednesday, when a House Financial Services subcommittee hears from top law enforcement, consumer advocacy and industry experts. The hearing will be the fifth Congress has held since Target revealed late last year that a hacker had stolen millions of users’ information during the…
Payment Card Breaches: Time to Spread the Risk with Mandatory Cyber Insurance
David Navetta writes: The BIG 2014 security stories concerning the Target, Neiman Marcus and Michaels payment card breaches of have highlighted the significant criminal hacking and fraudulent payment card activity that goes on in the retail space. Of course, it was not so long ago that the Heartland Payment Systems breach (2008; 100 million cards exposed) and the TJX breach in (2007; 45 million card exposed)…
Senators Blumenthal, Markey Introduce Bill To Protect Consumer Information From Hackers
On February 4, Senators Markey and Blumenthal issued this press release about legislation they’re introducing: Today, ahead of a Senate Judiciary Committee hearing on a recent spate of data breaches, U.S. Senators Richard Blumenthal (D-Conn.) and Ed Markey (D-Mass.) introduced the Personal Data Protection and Breach Accountability Act, a bill that would help protect consumers’…
Senators Introduce Bill to Protect Against Data Breaches
Press release issued by Sen. Dianne Feinstein yesterday: Four senior senators today introduced legislation that would, for the first time, provide a federal standard for companies to safeguard consumers’ personal information throughout their systems and to quickly notify consumers if those systems are breached. The Data Security and Breach Notification Act was introduced by Senators Dianne Feinstein…