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Category Archives: ID Theft

NY AG Releases Report Showing Rise In Data Breaches, Provides Security Tips To Small Businesses & Consumers

“Attorney General Eric T. Schneiderman today issued a new report examining the growing number, complexity, and costs of data breaches in the New York State. Using information provided to the Attorney General’s Office pursuant to the New York State Information Security Breach & Notification Act, the report, titled “Information Exposed: Historical Examination of Data Security in New York State, analyzes eight years of security breach data and how it has impacted New Yorkers.  The report reveals that the number of reported data security breaches in New York more than tripled between 2006 and 2013. In that same period, 22.8 million personal records of New Yorkers have been exposed in nearly 5,000 data breaches, which have cost the public and private sectors in New York upward of $1.37 billion in 2013. In addition, the report also found that hacking intrusions – in which third parties gain unauthorized access to data stored on a computer system – were the leading cause of data security breaches, accounting for roughly 40 percent of all breaches. Attorney General Schneiderman’s report also presents new recommendations on steps that both organizations and consumers can take to protect themselves from data loss.”

Is Your Android Device Telling the World Where You’ve Been? – EFF

“Do you own an Android device? Is it less than three years old? If so, then when your phone’s screen is off and it’s not connected to a Wi-Fi network, there’s a high risk that it is broadcasting your location history to anyone within Wi-Fi range that wants to listen. This location history comes in theContinue Reading

Internet of Things: Connected Home – Survey

“Fortinet® – a global leader in high-performance network security released the results of a global survey that probes home owners about key issues pertaining to the Internet of Things (IoT). Independently administered throughout 11 countries, the survey titled, “Internet of Things: Connected Home,” gives a global perspective about the Internet of Things, what security andContinue Reading

2014 Trustwave Global Security Report

“The 2014 Trustwave Global Security Report is back for another year,…and we again lean on hard evidence gathered from hundreds of data breach investigations conducted last year – 691 to be exact, spread across industries and the world – as well as threat intelligence gathered from our products and security operations centers. Using that evidence,Continue Reading

At the Nexus of Cybersecurity and Public Policy

“We depend on information and information technology (IT) to make many of our day-to-day tasks easier and more convenient. Computers play key roles in transportation, health care, banking, and energy. Businesses use IT for payroll and accounting, inventory and sales, and research and development. Modern military forces use weapons that are increasingly coordinated through computer-basedContinue Reading

The Target Data Breach: Frequently Asked Questions

CRS – The Target Data Breach: Frequently Asked Questions. N. Eric Weiss. Specialist in Financial Economics; Rena S. Miller, Specialist in Financial Economics. April 22, 2014. “According to Target, in November and December of 2013, information on 40 million payment cards (credit, debit, and ATM cards) and personally identifiable information (PII) on 70 million customers was compromised. The Secret Service hasContinue Reading

Verizon 2014 Data Breach Investigations Report

Excerpt from the Verizon 2014 Data Breach Investigations Report: ‘“We have more incidents, more sources, and more variation than ever before—and trying to approach tens of thousands of incidents using the same techniques simply won’t cut it. Not only would the dominant incident characteristics drown out the subtleties of the less frequent varieties, but we cannotContinue Reading

FTC Announces Top National Consumer Complaints for 2013

News release: “Identity theft continues to top the Federal Trade Commission’s national ranking of consumer complaints, and American consumers reported losing over $1.6 billion to fraud overall in 2013, according to the FTC’s annual report on consumer complaints released today. “Americans of all ages are vulnerable to identity theft, and it remains the most common consumerContinue Reading

Commentary – FBI Issues Cyber Attack Warning To Retailers: Is Chip And PIN The Answer?

Eric A. Packel: “Point-of-sale (POS) systems are under attack.  In the wake of breaches at Neiman Marcus, Target and other stores over the 2013 holiday season, the FBI is now warning retailers to expect similar cyber attacks in the coming months.  The warning came in the form of a 3 page report distributed to numerous retailersContinue Reading

CRS – Identity Theft: Trends and Issues

Identity Theft: Trends and Issues, Kristin Finklea, Specialist in Domestic Security. January 16, 2014. “Policymakers continue to be concerned with securing the economic health of the United States—including combating those crimes that threaten to undermine the nation’s financial stability. Identity theft, for one, poses both security and economic risks. By some estimates, identity fraud cost Americans nearly $21 billion inContinue Reading

Report to Government on Massive Theft of Credit Card Data From Retail Customers

KAPTOXA POS Report Overview – “iSIGHT Partners, working with the U.S. Secret Service, has determined that a new piece of malicious software, KAPTOXA (Kar-Toe-Sha), has potentially infected a large number of retail information systems. This software can find, store, and then transmit sensitive information such as credit card and PIN numbers. These findings are part of aContinue Reading

New GAO Reports – Government Support for Bank Holding Companies, InfoSec, James Webb Space Telescope

GOVERNMENT SUPPORT FOR BANK HOLDING COMPANIES - Statutory Changes to Limit Future Support Are Not Yet Fully Implemented, GAO-14-174T, Jan 8, 2014: “GAO found that from 2007 through 2009, the federal government’s actions to stabilize the financial system provided significant funding support and other benefits to bank holding companies and their subsidiaries. The Board of Governors ofContinue Reading