Breaches
Hacker Indicted for Breaching Federal Reserve Bank
November 19, 2010 Added by:Headlines
A hacker has been charged with accessing systems at the Federal Reserve Bank in Cleveland and stealing at least 400,000 credit and debit card numbers. This breach is particularly troubling, as transactions from every bank in the country are processed through branches of the Federal Reserve..
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Russian Banks May Be Linked to Zeus Hackers
November 18, 2010 Added by:Headlines
The Chief of the Russian Financial Monitoring Service, Yury Chikhankin, announced a pending investigation into whether Russian financial institutions participated in laundering funds stolen by those responsible for the infamous Zeus Trojan virus...
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Hospital Data Breaches Cost $6 Billion Annually
November 16, 2010 Added by:Bill Gerneglia
The Benchmark Study on Patient Privacy and Data Security also said hospitals place a low priority on protecting patient data, that enormous vulnerabilities exist, and that many breaches go undetected...
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Verizon Unveils Threat and Breach Reporting Portal
November 16, 2010 Added by:Headlines
Verizon has launched an anonymous breach reporting website with ICSA Labs called VERIS in an effort to elicit and consolidate data on security threats that are often isolated in disparate information silos or that remain unreported entirely...
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CitiBank Denies Losing Millions To Russian Hackers
November 13, 2010 Added by:Headlines
Reports from several news organizations suggest the infamous Russian Business Network is behind the heist, and that the FBI has begun investigating the theft, though officials at CitiGroup have denied the events ever took place...
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Live ATM Skimming Video Confiscated
November 09, 2010 Added by:Robert Siciliano
In both cases, the criminals need to obtain the 4-digit cardholder PIN to allow for fraudulent cash withdrawal. The video shows criminals installing a micro camera above an ATM PIN pad and then placing a skimming device over the card reader throat...
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Data Breaches Continue to Cost Companies Millions
November 06, 2010 Added by:Bill Gerneglia
The reason for the breaches vary; sometimes it's thanks to a hacker, sometimes just human error. Thirty-five percent involved outsourced data provided to third parties, while 36 percent were caused by hackers, according to the survey...
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Coping with the Inevitability of a Data Breach
October 13, 2010 Added by:Robb Reck
While an attacker will eventually figure out a way around your firewall, as soon as they do a good SIEM can alert the NOC and send technicians rushing to respond. In a perfect world, we will keep attackers, both external and internal, from having the opportunity to exploit our systems. But the reality is that breaches do occur...
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Maine Supreme Court Ends Hannaford Breach Suit
September 26, 2010 Added by:David Navetta
Regardless of the potential flaws in this decision, this decision adds another significant court to those that fail to recognize damages in a data breach lawsuit. At this point, it is unclear whether the plaintiffs will ever achieve a victory on this issue...
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Third-Parties and the Protection of Sensitive Information
September 20, 2010 Added by:Katie Weaver-Johnson
Third-parties are increasingly responsible for data breaches. A recent GAO report has revealed that federal agencies utilizing contracted workers are failing to implement contractual assurances with third-parties regarding the protection of sensitive information...
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Organized Crime Responsible For Most Breaches
September 17, 2010 Added by:Robert Siciliano
Global web mobs are tearing up corporations’ and financial institutions’ networks. According to a new Verizon report, a staggering 900 million records have been compromised in the past six years. Up to 85 percent of the breaches were blamed on organized criminals...
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Thirteen Million Records Breached in 2010 - So Far
September 01, 2010 Added by:Robert Siciliano
Even if you are protecting your PC and keeping your critical security patches and antivirus definitions updated, there is always a chance that your bank or credit card company may get hacked. With millions of records being compromised every year, consider your data breached!
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Veterans Affairs: Implement Data Breach Lessons Learned
August 26, 2010 Added by:Katie Weaver-Johnson
From April through July of 2010, the VA has lost 72 BlackBerrys and 34 laptops. Patient information has been sent to the wrong address or mailed incorrectly 441 times. Almost 10,000 breach incidents in 3 months. What is wrong with this picture?
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Mandatory Disclosure: A Hazard for Infosec?
July 30, 2010 Added by:Niels Groeneveld
Management teams prefer to reduce risk and cost. The legislation forces companies to disclose breaches, but does not force companies to find them. Given these circumstances, a possible option to reduce risk is to decrease the chance that security breaches will be found...
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Loss of Critical Information Threatens SMBs
June 24, 2010 Added by:Anthony M. Freed
The average cost of an information security event for a small to medium size business (SMB) is $188,242, according to a new report published by Symantec from data collected by Applied Research, and unauthorized access to sensitive data was rated the single greatest threat to corporate viability.
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HIPAA HITECH Fines and Fear of Lost Business
June 24, 2010 Added by:Jack Anderson
What has been suspected now has been confirmed - the cost of data breaches is substantial. Indeed, a report titled "2009 Annual Study: Global Cost of Data Breach" shines a very bright light on the actual cost of activities stemming from more than 100 breach incidents across multiple industry sectors, numerous organizations, and a handful of different countries.
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