Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, announced yesterday that a federal grand jury in Cleveland, Ohio, returned an indictment against David Massucci, age 53. Massucci was charged with four counts of bank fraud and one count of aggravated identity theft. Massucci is a former owner and general manager of…
Court Delays Red Flags Rule for AICPA Members
A district court has granted a delay in the enforcement of the Federal Trade Commission’s Red Flags Rule governing identity theft prevention for members of the American Institute of CPAs in public practice. The Red Flags Rule is part of the Fair and Accurate Credit Transactions Act, which Congress passed in 2003. The rule requires…
Security Breach At ReachLocal, But Avoids Pulling A Blippy
Christopher Zinsli reports: A security breach this month at ReachLocal Inc. is bad timing for the online advertising agency. The venture-backed company is in IPO registration, so it was required to disclose in an amended S-1 filing Tuesday that a recent breach disrupted its customers’ advertising campaigns and resulted in its Australia platform going offline…
Knesset online security lapse exposes secret Mossad data
Amos Harel and Jonathan Lis report: The Knesset Web site committed a major security lapse several weeks ago by publicizing the names of high-level Mossad and Shin Bet officials whose identities are kept secret by law. Read more on Haaretz.com. It seems that this isn’t the first time the Knesset web site has exposed sensitive…
Oklahoma legislature overrides veto on abortion laws (updated)
Lisa Flam reports: Oklahoma has two new abortion laws today, one said to be among the toughest in the nation because it requires a woman to have an ultrasound — with the monitor in her view — and to hear a detailed description of the fetus before having an abortion. The other law forbids women…
First-Ever Global Cost of a Data Breach Study Shows Organisations Paid USD3.43 million per Breach in 2009
Privacy and information management research firm Ponemon Institute, together with PGP Corporation, a global leader in trusted data protection, today announced the results of the first-ever global study into the costs incurred by organisations after experiencing a data breach. The 2009 Annual Study: Global Cost of a Data Breach report, compiled by The Ponemon Institute…