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.
The announcement by RSA that it had been a victim of an advanced persistent threat shook the global information security industry. Stephen Northcutt of SANS Institute and David Navetta of the Information Law Group offer insight on what happened, what it means and how to respond.
Australia's government agencies can learn a lot from the nation's banks, when it comes to risk management and protecting privacy, says Graham Ingram, General Manager of the Australian Computer Emergency Response Team. "There are too many people in government organisations who are in denial [of risks]," he says.
Lengthy downtime, data losses, and security breaches can harm business results, bringing business to a halt: stopping the flow of orders, reducing sales revenue, and interfering with the supply chain. These downtimes could potentially impact a company's ability to compete with other organizations that were unaffected,...
Virtually every business acquires, uses and stores personally identifiable information (PII) about its customers, employees and partners. These organizations are expected to manage this private data appropriately and take every precaution to protect it from loss, unauthorized access or theft. Misusing, losing or...
Why Banks Must Improve Fraud Detection
Interview with George Tubin of TowerGroup
Fraud detection and lack of cross-channel integration pose big security challenges for financial institutions. And according to results from Information Security Media Group's new Faces of Fraud Survey, a lack of resources and...
When a database breach occurs, consumer notification continues to be a public problem, and it's time for the federal government to step in, says Linda Foley, co-founder of the non-profit Identity Theft Resource Center.
Fraud attempts will escalate, not diminish, as new threats and channels blossom in 2011. Growth in mobile banking and the use of social networks are expected to pose new security challenges, experts say.