eSecurity Planet – “In a recent SEC filing, Home Depot stated that a recent data breach that exposed 56 million credit cards and 53 million email addresses cost the company $43 million in the third quarter of 2014 alone. Specifically, Home Depot says it “recorded $43 million of pretax expenses related to the data breach, partially offset… Continue Reading
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Category Archives: ID Theft
Executive Order – Improving the Security of Consumer Financial Transactions
“Given that identity crimes, including credit, debit, and other payment card fraud, continue to be a risk to U.S. economic activity, and given the economic consequences of data breaches, the United States must take further action to enhance the security of data in the financial marketplace. While the U.S. Government’s credit, debit, and other payment… Continue Reading
Pew Report – Cyber Attacks Likely to Increase
Cyber Attacks Likely to Increase BY LEE RAINIE, JANNA ANDERSON AND JENNIFER CONNOLLY “The Internet has become so integral to economic and national life that government, business, and individual users are targets for ever-more frequent and threatening attacks. In the 10 years since the Pew Research Center and Elon University’s Imagining the Internet Center first asked experts… Continue Reading
California Data Breach Report
Kamala D. Harris, Attorney General, California Department of Justice, October 2014 “California is the birthplace of the digital revolution that has transformed nearly every aspect of the world in which we live. Yet even as technological innovation and advances bring us greater convenience, efficiency, and productivity, they are also generating new vulnerabilities. The Internet has created a… Continue Reading
JPMorgan Data Breach Involves Information on 76 Million Households
JPMorgan Data Breach Involves Information on 76 Million Households, 7 Million Small Businesses, CRS Legal Sidebar, October 23, 2014 “JPMorgan did not provide individual customers with notice of the breach because it believed that it had no obligation to do so because no “sensitive customer information” was involved in the data breach. This means that… Continue Reading
Cybercrime: An Overview of the Federal Computer Fraud and Abuse Statute and Related Federal Criminal Laws
CRS – Cybercrime: An Overview of the Federal Computer Fraud and Abuse Statute and Related Federal Criminal Laws. Charles Doyle, Senior Specialist in American Public Law. October 15, 2014. “The Computer Fraud and Abuse Act (CFAA), 18 U.S.C. 1030, outlaws conduct that victimizes computer systems. It is a cyber security law. It protects federal computers, bank computers, and computers… Continue Reading
Understand the Cost of Cyber Security Crime
HP Report – Cyber Crime Costs Continue to Grow: “Cyber crimes are growing more common, more costly, and taking longer to resolve. Those are among the findings of the fifth annualCost of Cyber Crime Study conducted by the respected Ponemon Institute on behalf of HP Enterprise Security. The 2014 global study of U.S.-based companies, which spanned… Continue Reading
Executive Order – Improving the Security of Consumer Financial Transactions
“Given that identity crimes, including credit, debit, and other payment card fraud, continue to be a risk to U.S. economic activity, and given the economic consequences of data breaches, the United States must take further action to enhance the security of data in the financial marketplace. While the U.S. Government’s credit, debit, and other payment… Continue Reading
JPMorgan Chase Says More Than 76 Million Accounts Compromised in Cyberattack
New York Times: “The breach is among the largest corporate hacks, and the latest revelations vastly dwarf earlier estimates that hackers had gained access to roughly 1 million customer accounts.” Continue Reading
New GAO Reports – Army Corps of Engineers, Bureau of Prisons, CFPB, ID Theft, Oil and Gas Transportation, Affordable Care Act
ARMY CORPS OF ENGINEERS: The Corps Needs to Take Steps to Identify All Projects and Studies Eligible for Deauthorization, GAO-14-699: Published: Aug 21, 2014. Publicly Released: Sep 22, 2014. BUREAU OF PRISONS: Management of New Prison Activations Can Be Improved, GAO-14-709: Published: Aug 22, 2014. Publicly Released: Sep 22, 2014. CONSUMER FINANCIAL PROTECTION BUREAU:Some Privacy and Security Procedures for Data Collections… Continue Reading
New on LLRX – Four Part Series on Privacy and Data Security Violations
Via LLRX.com – fours new articles by law professor Daniel J. Solove on privacy, data protection and the harm caused by breaches. Privacy and Data Security Violations: What’s the Harm? – Daniel J. Solove is a Law professor at George Washington University Law School, an expert in information privacy law, and founder of TeachPrivacy, a privacy and security… Continue Reading
The Scope and Potential of FTC Data Protection
Hartzog, Woodrow and Solove, Daniel J., The Scope and Potential of FTC Data Protection (July 1, 2014). 83 George Washington Law Review, 2015, Forthcoming; GWU Law School Public Law Research Paper No. 2014-40; GWU Legal Studies Research Paper No. 2014-40. Available for download at SSRN: http://ssrn.com/abstract=2461096 “For more than fifteen years, the Federal Trade Commission (FTC)… Continue Reading
