Defense Nuclear Facilities Safety Board: Improvements Needed to Strengthen Internal Control and Promote Transparency, GAO-15-181: Published: Jan 20, 2015. Publicly Released: Feb 19, 2015. Flood Insurance: Status of FEMA’s Implementation of the Biggert-Waters Act, as Amended, GAO-15-178: Published: Feb 19, 2015. Publicly Released: Feb 19, 2015. Identity and Tax Fraud: Enhanced Authentication Could Combat Refund… Continue Reading
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Category Archives: ID Theft
Analysis: It’s surprisingly easy to identify individuals from credit-card metadata
MIT News release: “In this week’s issue of the journal Science, MIT researchers report that just four fairly vague pieces of information — the dates and locations of four purchases — are enough to identify 90 percent of the people in a data set recording three months of credit-card transactions by 1.1 million users. When… Continue Reading
Legislation to Facilitate Cybersecurity Information Sharing: Economic Analysis
CRS – Legislation to Facilitate Cybersecurity Information Sharing: Economic Analysis. N. Eric Weiss, Specialist in Financial Economics. December 11, 2014. “Data breaches, such as those at Target, Home Depot, Neiman Marcus, and JPMorgan Chase, affecting financial records of tens of millions of households seem to occur regularly. Companies typically respond by trying to increase their cybersecurity by hiring consultants and purchasing new… Continue Reading
CIGI-Ipsos Global Survey on Internet Security and Trust
“The CIGI-Ipsos Global Survey on Internet Security and Trust, undertaken by the Centre for International Governance Innovation (CIGI) and conducted by global research company Ipsos, reached 23,376 Internet users in 24 countries, and was carried out between October 7, 2014 and November 12, 2014. The countries included: Australia, Brazil, Canada, China, Egypt, France, Germany, Great Britain,… Continue Reading
Experian Data Breach Resolution releases second annual data breach industry forecast
“Preventing and managing data breaches have become two of the highest priorities facing businesses today. To help executives plan ahead, Experian Data Breach Resolution announces the release of its second annual Data Breach Industry Forecast, a complimentary white paper outlining key issues and trends to watch for in 2015. Many evolving factors such as new threats, regulatory changes… Continue Reading
Home Depot SEC Filing – Pretax Breach Cost $43 million
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
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
