I often quote the statistic that Experian promotes that 60 percent of small and medium businesses that suffer a cyber security breach go out of business within 6 months. That is a pretty sobering number. However, First Data reports two amazing statistics – First, they say that 90 percent of the data breaches impact small […]
Continue reading → [DISPLAY_ACURAX_ICONS]Reuters is reporting that 10 states, led by Connecticut, have sent a letter to Anthem complaining that the company is moving too slowly in notifying consumers of the data breach that affected up to 80 million customers and employees (see article). The states are assuming that Anthem know precisely who’s data was taken and they […]
Continue reading → [DISPLAY_ACURAX_ICONS]A Denver TV station is reporting that they have received over 70 reports of Verizon customers who have been targeted by hackers who have masqueraded as them and ordered new iPhones shipped to out of state addresses. Verizon claims that they have not been breached and that could be true. It could be as simple […]
Continue reading → [DISPLAY_ACURAX_ICONS]Representative Will Hurd (R-TX), is the head of the House Information Technology Subcommittee and a former CIA Agent who spent 9 years in Afghanistan, Pakistan and India, working on counter terrorism and cyber security before working for the cyber security firm FusionX. He has a somewhat depressing but very accurate view of cyber security. In […]
Continue reading → [DISPLAY_ACURAX_ICONS]Reuters is reporting that Kaspersky Labs is working with Interpol, Europol and other law enforcement authorities to ferret out more details of the attack, but they have announced several details. Gene Kaspersky, founder and head of Kaspersky Labs is well known in white hat (good guy) hacking circles. His public pronouncements, while sometimes flashy, usually […]
Continue reading → [DISPLAY_ACURAX_ICONS]Brenda Sharton, Senior Partner and member of the executive committee at Goodwin Proctor (see bio) wrote this week about director and officer personal liability for data security breaches. While no individual directors and officers have been held liable for the costs of a data breach yet, it is not for lack of trying. Ms. Sharton’s […]
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