Whenever I read the news that a data breach has occurred, my first two questions are “how big is it?” and “How long did it go for”. For example, the Omni Hotel chain announced a breach this week and they said it affected 49 out of their 60 hotels, affected 50,000 customer cards, was detected […]
Continue reading → [DISPLAY_ACURAX_ICONS]In what has been a monument to how NOT to handle a data breach, Wendy’s has again revised the number of restaurants affected by hackers. Wendy’s initially refused to release any information about how big the hack was, although bankers were saying that this was hitting them harder than the Home Depot breach did. Then […]
Continue reading → [DISPLAY_ACURAX_ICONS]The Infosec Institute says that malicious cyber activity cost the US between $24 billion and $120 billion and worldwide that number was $300 billion to $1 trillion (see here). And that was in 2013! For investment professionals (and other businesses as well), poor cyber security practices which lead to being hacked can cause a complete […]
Continue reading → [DISPLAY_ACURAX_ICONS]I have written several times about the fight between Cottage Health System and Columbia Casualty, a division of CNA Insurance. In 2013 Cottage’s systems were breached and the private information of thousands of patients was publicly disclosed. Their insurance company paid $4.125 million for costs related to the breach, including a class action lawsuit. That […]
Continue reading → [DISPLAY_ACURAX_ICONS]I don’t normally publish posts on individual software updates, but Flash is such a mess and such a security swamp that I feel compelled to do that. Microsoft’s attempt to copy Flash – Silverlight – is even worse. It is so bad that Google doesn’t support it inside Chrome. My recommendation is that you uninstall […]
Continue reading → [DISPLAY_ACURAX_ICONS]A Chinese researcher has “discovered” a Windows flaw which affects all versions of Windows released in the last 20 years. It does not require installing malware and it can be executed silently with near perfect success. While no one seems to be saying this, I wonder if the Chinese have known about this attack for […]
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