Scoular Company, a $6 Billion, 800 employee commodities trading company got bilked out of a little more that $17 million in a modified spear phishing attack. Simply put, the attacker generated emails over time last summer to the company’s CFO that looked like they came from the company’s CEO and their Auditor that instructed the […]
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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]Yes, that is basically the summary of a Network World Article on the subject. In a high end car there are hundreds of computers and millions of lines of software. Gone are the days when you car was a big hunk of machined metal. Now your car is a super computer network on wheels. The […]
Continue reading → [DISPLAY_ACURAX_ICONS]Pymts.com is reporting that the FBI says that most breaches are entirely avoidable. At the Online Trust Alliance’s Data Privacy And Protection Town Hall in New York City, FBI Special Agent George Schultzel said that over 90 percent of the companies who reported breaches to them had little to no security whatever. The FBI said […]
Continue reading → [DISPLAY_ACURAX_ICONS]Well, maybe not a friend that you want to have, but they will likely get to visit the nation’s Capitol. Verizon has gotten way more press than it would like by inserting super-cookies into it’s customers web traffic to allow folks like the marketing giant Turn to build dossiers on Verizon customers and then sell […]
Continue reading → [DISPLAY_ACURAX_ICONS]IT World wrote a piece on how the cops caught up with the now convicted founder of Silk Road, Ross Ulbricht, AKA The Dread Pirate Roberts, the man who ran the dark web marketplace for everything from drugs to murder. The author goes into a lot more detail for those geeks who are interested. Curious […]
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