“This is not time for firms to keep calm and carry on. The proper response is to freak out.” – Prof. Dan Solove, GWU Law School While I am not sure that freaking out is, in fact, the only proper response, I think that what Prof. Solove is saying is that ignoring the situation is […]
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In January 2015 Wendy’s disclosed, after many banks already announced, that it’s point of sale system was breached. For months Wendy’s refused to provide any details, only saying that they were investigating things. In May, when it released it’s first quarter earnings report, it said that fewer than 300 restaurants were compromised and all of […]
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Deadspin reported that thousands of NFL players’ paper and electronic medical records dating back to 2004 were stolen from a trainer’s car when the car was broken in to and a laptop taken. The laptop was unencrypted. The Redskins admitted that a password protected, unencrypted laptop was stolen from a trainer’s locked car in Indianapolis […]
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A federal judge in Georgia has ruled that the class action lawsuit filed by banks against Home Depot over Home Depot’s massive 2014 breach may proceed. The judge ruled that the banks’ allegations of negligence on Home Depot’s part appear to have merit. That is probably not a great start for Team Home Depot. The […]
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Do you use 7-Zip? Do you even know what it is? One of the challenges that businesses and consumers have is that, like sausage, they often do not know what is in the software that they use. As a result, they could be diligent about applying patches and still be exposed to hackers. In this […]
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What happens when criminals make off with $2 million in cyber currency? That is a good question. The Bitcoin exchange Gatecoin, based in Hong Kong, detected the breach on May 13th. If you put your money in the bank, those deposits are protected by Federal law in the case of fraudulent transactions and protected by […]
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