The fate of alleged fraudster Lee Farkas, once at the helm of TBW, remains to be determined. Farkas' trial began last week, coming on the heels of a guilty plea from TBW's former treasurer.
Experts say banks and retailers are doing all they can to control concerns in the aftermath of the Epsilon e-mail breach, and a well-crafted e-mail fooled an RSA employee into opening a phish that led to a sophisticated attack on the company's information systems.
Experts say banks and retailers are doing all they can to control concerns in the aftermath of the Epsilon e-mail breach, and a well-crafted e-mail fooled an RSA employee into opening a phish that led to a sophisticated attack on the company's information systems.
Most furloughed federal employees would have had to turn in their BlackBerries and other mobile devices in a government shutdown. Just as well, using the technology could result in an employee landing in the slammer.
Most furloughed federal employees would have had to turn in their BlackBerries and other mobile devices in a U.S. government shutdown. Just as well, using the technology could have resulted in an employee landing in the slammer.
At a time when there is heightened demand for cybersecurity professionals within the U.S. federal government, the value of IT security certifications ranks high as a criterion for hire.
A U.S. District Court in Texas granted motions made by acquiring banks Heartland Bank and KeyBank to dismiss civil actions brought against them for their involvement in the 2009 Heartland Payments Systems data breach.
When it comes to e-marketing and the reliance on third parties such as Epsilon, Nicolas Christin of Carnegie Mellon University says banks and merchants should "come clean" about the information they share with outside entities.
The advanced persistent threat attack against RSA has raised the visibility of multifactor authentication technology to potential users. And, in the long run, that might help RSA's bottom line.
Communicating with customers about the incident and warning them not to click links in phishing e-mails are all these impacted institutions and companies really can do, says Jeremiah Grossman, chief technology officer of WhiteHat Security.
Privacy Attorney Lisa Sotto says the Epsilon e-mail breach is a warning about the state of data security employed by some third-party service providers. Strong contracts related to security practices must be the norm, not the exception.
"It is the biggest breach we have ever seen; and to say no financial information has been stolen is, well, understating the massive breach and concern," says Neil Schwartzman, founder and chief security specialist at CASL Consulting.
Let's hope the final version of the Federal Health IT Strategic Plan for 2011-2015 contains more details about new privacy and security initiatives than the draft that was recently issued.
From Facebook to Twitter, the new era of business communication and collaboration requires involvement of senior leaders to guide an organization's social media strategy and engagement. It's a big role, and it comes with significant responsibilities.
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