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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 consumer …
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 retailers …
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 in …
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 a …
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 of …
“A data breach has exposed the usernames and partial phone numbers of 4.6 million users of Snapchat, a popular photo- and video-sharing app. The breach was accomplished by exploiting a flaw that was previously brought to company’s attention by security researchers. Last year, EPIC filed a complaint with the Federal Trade Commission regarding Snapchat’s deceptive claim that photos would “disappear forever” …
News release: “..the Federal Bureau of Investigation (FBI) released its second compilation of annual data from the National Incident-Based Reporting System (NIBRS). The report, NIBRS 2012, presents core tables about incident and offense data submitted by a third of the nation’s law enforcement agencies that participate in the FBI’s Uniform Crime Reporting (UCR) Program, as well …
INFORMATION RESELLERS: Consumer Privacy Framework Needs to Reflect Changes in Technology and the Marketplace, GAO-14-251T, Dec 18, 2013 “No overarching federal privacy law governs the collection and sale of personal information among private-sector companies, including information resellers. Instead, laws tailored to specific purposes, situations, or entities govern the use, sharing, and protection of personal information. For example, …
“A new poll released today by the Computer & Communications Industry Association (CCIA) found that Internet users are highly concerned about the theft of personal and financial information and believe strongly that the federal government should do more to protect them. This CCIA telephone survey of 1,000 voters was conducted by Benenson Strategy Group (D) and American …
Artist – Aram Bartholl: “In summer 2012 the social network LinkedIn.com got hacked and lost its whole user database. A few months later parts of the decrypted password list surfaced on the Internet. These eight volumes contain 4.7 million LinkedIn clear text user passwords printed in alphabetical order. Visitors are invited to look up their own password. 8 …
“An estimated 16.6 million people, representing 7 percent of all persons age 16 or older in the United States, experienced at least one incident of identity theft in 2012, the Justice Department’s Bureau of Justice Statistics (BJS) announced today – in Victims of Identity Theft, 2012 (NCJ 243779), written by BJS statisticians Erika Harrell and Lynn Langton. …
“The 2013 IT Trust Curve study surveyed 3,200 respondents to assess their organizations’ IT maturity levels and ability to withstand and quickly recover from disruptive incidents such as unplanned downtime, security breaches, and data loss…Today’s business environment is both ripe with opportunity and fraught with risk. This dichotomy is revealing itself in the world of …
