Update: Sep 15, 2017 – Equifax’s Chief Information Officer (CIO) and Chief Security Officer (CSO) “retired” (AKA were fired) today, effective immediately, according to USA Today. Hopefully, the Board will ask the CEO to “retire” soon as well. CIO Susan Mauldin and CSO David Webb are taking the heat for not installing one patch, out […]
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Earlier this week Equifax, the credit reporting giant, announced that hackers wandered inside their systems between May and July of this year. 143 million records were compromised. In addition to that, credit card numbers on 200,000 people were compromised and personal identifying information on 182,000 people were also released. Information compromised includes names, Social Security […]
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One of the things that has always been a barrier for people who’s data was compromised during a breach is what lawyers call “Standing”. Standing derives from Article III of the U.S. Constitution. The courts have said that there are three requirements for “standing” to bring an action against another – Injury in fact, causation […]
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Do you have a written incident response program? Do the people who are part of it – the outside legal team, crisis communications team, forensics team, for example – know they are part of it? Are contracts signed with outside service providers – or at least providers periodically reviewed and selected vendor already approved? Has […]
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According to a KPMG survey of Financial Times 350 companies, 68% of the Boards have not received any training to deal with a cyber incident. This means that WHEN – and not if – a significant cyber event occurs, the board will have no plan in place to deal with it. This is distinct from […]
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In case you thought that people were overhyping the effects of ransomware, perhaps you should rethink that. The Maersk shipping line, which runs container ships and ports around the world, among many other businesses, had to shut down some of their port operations after computers were infected with the NotPetya ransomware. This week Maersk’s CEO […]
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