The WSJ is reporting that the bankers who were impacted by the Target and Home Depot breaches are fighting back. Usually, Mastercard and Visa negotiate a deal with the retailer who was breached and then dole out the money to the banks. The money seems to go to the big banks with the small banks […]
Continue reading → [DISPLAY_ACURAX_ICONS]The CPA association (AICPA) in their Chartered Accountants Magazine (GGMA.Org) wrote about a survey that they did regarding consumer’s spending habits (see article). Below is a summary of the survey results: 25% of Americans said they were victims of cyber attacks this year, up from 11% last year. 86% of Americans are concerned about whether […]
Continue reading → [DISPLAY_ACURAX_ICONS]The International Business Times is reporting that Benjamin Lawsky, New York State’s top bank cop surveyed 40 banks and found that fewer than half regularly inspect the security systems of their outside vendors. Both the Target and Home Depot breaches were caused by compromised third party vendors. Regulators are concerned that light oversight of bank’s […]
Continue reading → [DISPLAY_ACURAX_ICONS]The FBI is warning people to be wary of fake federal web sites which both take their PII and also steal money from them. The web sites rank high on the search engine page, ask for PII and collect a fee. Sometimes they ask people to send their birth certificate or other information. People are […]
Continue reading → [DISPLAY_ACURAX_ICONS]New Jersey enacted a new law which requires data encryption (see bill information) as a response to the health care data breaches – I assume like Anthem. The bill is short, only 4 pages, but, at least to me, that does not make things very clear. The bill covers health insurance carriers, but then defines […]
Continue reading → [DISPLAY_ACURAX_ICONS]USAToday is reporting that the hacking of the State Department’s email went way farther than has been reporting up until now. The State Department has been fighting to get the hackers out of their unclassified email system for months now, even enlisting the help of private contractors and the NSA – to no avail. CNN […]
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