The Target Board can breathe a little easier today – although they are not out of the woods yet – in that the shareholders who filed a series of derivative actions have agreed that the cases can be dismissed as long as they can come back for legal fees. The lawsuits claim that Target’s directors […]
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]Lizard Stresser, the “service” that came to fame on Christmas Day 2014 when it knocked Sony’s Playstation and Microsoft’s xBox web sites off line, has never gone away. Now it has a new claim to fame. The claimed purpose of the software was to allow web site owners to stress test their web sites under […]
Continue reading → [DISPLAY_ACURAX_ICONS]A hacker called thedarkoverlord is offering 3 unique medical databases for sale at prices ranging from 151 bitcoins to 607 bitcoins. Deep Dot Web got to look at images of the database, shown below. One database has 48,000 records from a healthcare company in Missouri. The second database has 210,000 records from a healthcare care […]
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]There is a lot of attention focused on digital currency and the potential it represents – maybe too much attention. In May I wrote about the Bitcoin exchange Gatecoin, that was hacked to the tune of $2 million. This week hackers made off with with $50 million in another virtual currency, Ether, but this time […]
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