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Data Theft: The Sony Corporation Debacle Widens

Sony Corporation and Sony Computer Entertainment announced on May 3rd  that their ongoing investigation of illegal intrusions into Sony Online Entertainment LLC (SOE) systems revealed on May 2  that...

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Cyberwarfare: Unprecedented Transfer of Wealth

The recent report by McAfee concerning Cyberwarfare makes interesting reading and should prompt large scale revisions of internal computer security:  The McAfee White Paper on Operation Shady Rat...

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European Union: Big Fines for Breaching Privacy Rules

New rules in data protection:  Businesses breaching European Union Privacy Rules will face fines of up to 5% of their global revenues based on new proposals to be unveiled soon.  The rules will also...

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10,000 Identity Fraud Rings Uncovered in the USA

Security company ID Analytics has uncovered 10,000 identity fraud rings in the U.S.  The company found the rings after studying 1.7 billion credit card and cell phone account applications and finding...

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Adobe Data Breach More Extensive Than Previously Disclosed

According to Reuters, Adobe Systems Inc reported on Oct. 29, 2013 that the scope of a cyber-security breach disclosed nearly a month ago was far bigger than initially reported, with attackers obtaining...

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FICO: Data Breaches Up 48% – Recommends Best Practices for Preventing Data...

FICO publishes White Paper on Best Practices for Preventing Data Breaches. Consumers may enjoy the convenience of electronic banking, e-commerce and ATMs, but as the volume of financial transactions on...

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Data Breach at Target: 40 Million Consumers Affected

Target says that its stores have been hit by a major credit-card attack involving up to 40 million accounts.  The retailer said that the unlawful access to customer information took place between Nov....

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Digital Data: The New Currency in the Digital Age

Personal data has been transformed into a valuable new currency in the digital age, with revelations over government surveillance and how companies are able to commercially exploit our data at the...

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EMV Adoption in the US: Right on Target (or Not)

A frequently asked question concerning EMV Chip Card Technology is about the US lagging behind Europe in adopting more secure credit card technology? The Target data breach has brought discussion of...

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Data Breaches: UK Police in the Dock

If you are looking for culprits of data breaches in the information industry it is generally the wrong place to look.   Try the police:   More than 300 police staff and officers – including...

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Identity Theft Facts

BIIA member TransUnion offers sound advice in dealing with identity theft.   Knowing identity theft facts is critical. Identity thieves are less likely to prey on a well-informed population. So the...

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More Online Americans Say They’ve Experienced a Personal Data Breach

As news of large-scale data breaches and vulnerabilities grows, new findings from the Pew Research Center suggest that growing numbers of online Americans have had important personal information stolen...

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Target Data Breach:  Consequences of Apparent Lack of Oversight

According to an article in the Wall Street Journal, Institutional Shareholder Services (ISS), which advises big shareholders of how to vote on corporate ballots, has recommended to Target shareholders...

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Massive Data Breach at Target: 40 million Consumers Affected – for Members Only

Recently FICO Bankinganalyticsblog has spoken of the dangers of “data breach fatigue,”it’s also important to be aware that when a breach occurs, the gossip mill swirls, and accurate information about...

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Hold Security Uncovers the Largest ever Security Breach!

Over one billion of stolen credentials to thousands of websites! According to Hold Security a Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2...

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Digital Schizophrenia: Worried about Privacy and Not Doing Anything About It

The word from Germany is that more and more citizens are highly concerned about privacy, data protection, and data security, but nobody is doing anything about it.  Based on a security 2014 report of...

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Data Breach at UPS Store

The UPS Store announced  August 15th 2014 that 51 of its locations experienced a security breach that may have compromised customers’ personal information, including credit and debit card data. There...

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Data Security: Record Year for Data Breaches?

Experian Data Breach Resolution released a collection of educational resources for businesses with anecdotes and advice on how to prepare for and manage a data breach. Compiled based on the company’s...

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Data Breach at Home Depot: When will the US Mandate Pin & Chip Credit Cards?

Home Depot, the largest DIY chain in the US, sought to reassure consumers as it investigated reports of a mass theft of customers’ payment data. The chain said that if it confirmed a breach, it would...

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The Problem of Identity Theft and What You Can Do About It

Almost a year ago, Target first revealed a data breach had compromised millions of its customers’ credit and debit card information. Since then, the news has been dominated by the discovery of new...

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