News for Federally Regulated Industries

IT wary of insider attacks as economy slows down
October 27, 2008

Disgruntled employees and ex-workers pose increased threats to corporate systems.

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Hackers hacked at infamous DefCon gathering
August 11, 2008

In the end, it was hackers at DefCon that got hacked. After three days of software cracking duels and hacking seminars, self-described computer ninjas at the infamous gathering in Las Vegas found out Sunday that their online activities were hijacked without them catching on.

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Data leaks emerge as worst security threat
July 7, 2008

Data leaks are catching up with viruses as the worst IT headache for companies in the US, UK, Germany and Japan, new research claimed today.

A Trend Micro poll of 1,600 corporate end users revealed the loss of proprietary company data and information as the second most serious threat at work after viruses.

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Malware cited in supermarket data breach
By Jerry Harkavy, Associated Press

PORTLAND, Maine — Unauthorized software that was secretly installed on servers in Hannaford Bros supermarkets across the Northeast and in Florida enabled the massive data breach that compromised up to 4.2 million credit and debit cards, the company said Friday.

The Scarborough, Maine-based grocer confirmed a report in The Boston Globe that it told Massachusetts regulators this week about the link between the breach and the illicit programs, known as "malware."

The company doesn't know how the malware — short for malicious software — got onto nearly all its 271 stores' servers, Hannaford spokeswoman Carol Eleazer said.

At least 1,800 cases of fraud have been linked to the data breach, with unauthorized charges showing up as far afield as Mexico, Italy and Bulgaria.

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TJX Security Breach 1 year ago
January 17, 2008 -

(Computerworld) -- One year ago today, The TJX Companies Inc. disclosed what has turned out to be the largest information security breach involving credit and debit card data -- thus far, at least.

The data compromise at the Framingham, Mass.-based retailer began in mid-2005, with system intrusions at two Marshalls stores in Miami via poorly protected wireless LANs. The intruders who broke into TJX's payment systems remained undetected for 18 months, during which time they downloaded a total of 80GB of cardholder data.

TJX has said that in the 12 months since the breach was disclosed, it has spent or set aside about $250 million in breach-related costs. That includes the costs associated with fixing the security flaws that led to the breach, as well as dealing with all of the claims, lawsuits and fines that followed the breach.

 

U.K. government reveals its 'biggest privacy disaster'

Her Majesty's Revenue and Customs has admitted to losing the details of 25 million individuals, with 7.25 million U.K. families potentially affected.

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Severity Level of Information Security Breaches on the Rise.

CompTIA Survey Shows Breaches having a greater impact than ever on organizations. Oakbrook Terrace, Ill., September 18, 2007 The severity level of information security breaches experienced by organizations has show a marked increase over the past year, according to research commissioned by the Computing Technology Industry Association (CompTIA).

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AT&T laptop theft exposes employee data

AT&T and Maryland's Department of the Environment (DOE) have become the latest organizations to find out first hand why security analysts for some time now have advocated the use of encryption to protect sensitive data on laptops and other mobile devices.

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Privacy breaches force online bill-payment company out of business - Network World

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Computer security problems found at IRS

Employees provided computer data without questioning identity. WASHINGTON - IRS employees ignored security rules and turned over sensitive computer information to a caller posing as a technical support person, according to a government study.

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Monster waited 5 days to disclose loss

Breach resulted in theft of confidential information for 1.3 million users. BOSTON - Monster.com waited five days to tell users its system had been hacked, in a security breach that resulted in the theft of confidential information for more than a million users, a company executive told Reuters Thursday.

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Credit union paying for ID theft protection after info error

Jax Federal Credit Union is paying for two years' worth of identity theft protection for thousands of its members after their Social Security numbers ended up on the Internet...

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Junior sales employees commit most breaches - IT...

Find MessageLabs: Junior sales employees commit most breaches and all latest security news, security features, analysis and opinions from SC Magazine US,...

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Phishing emails outnumber virus, trojan email attacks...

Find MessageLabs: Phishing emails outnumber virus, trojan email attacks and all latest security news, security features, analysis and opinions from SC ..

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