The insurance trade rag Property And Casualty 360 wrote about medical identity theft and the impact is staggering. First just one example breach – A physician office’s server, which contained unencrypted information on 2,500 patients, was hacked and encrypted. The hackers demanded $50,000 to unencrypt the information and return control of the server. That obviously, […]
Continue reading → [DISPLAY_ACURAX_ICONS]CORRECTION: I said below that the hackers stole 25 GB of data. According to CSO Online, they RELEASED 25 GB of data and this is only a fraction of what they stole. UPDATE: Brian Krebs (KrebsOnSecurity.com) is now reporting additional information: The attackers stole 25 GB of data The malware destroyed data on an unknown […]
Continue reading → [DISPLAY_ACURAX_ICONS]As the stakes go up, so do the creativity of the legal defenses. According to an article in Bloomberg news, Target says that they have no legal obligation to banks that claim they lost tens of millions of dollars as a result of last year’s breach and they want the judge to dismiss the case. […]
Continue reading → [DISPLAY_ACURAX_ICONS]As I said in a previous post, it certainly appears that Sony is in the midst of a serious IT problem. Sony has been extremely quiet except to say that they have a “system disruption” that they are “working diligently to repair”. The important question to ask is “If this happened to our company, how […]
Continue reading → [DISPLAY_ACURAX_ICONS]An Article last week in the Pittsburgh Post-Gazette written by the law firm of Meyer, Unkovic & Scott LLP, stated what I would think is obvious, but apparently not. 78 percent of global dealmakers report that cybersecurity isn’t a part of the due diligence process before mergers and acquisitions. And why, you ask, is that […]
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