These arrests also highlight the U.S. vulnerability to crimes involving payment cards with magnetic stripes. "The U.S. is a criminal's playground right now," says John Buzzard of FICO Card Alert Service.
A children's health system is offering free credit monitoring to 1.6 million after the loss of backup tapes. It's the second major breach incident revealed in recent weeks involving lost or stolen backup tapes.
A breach incident affecting patients at Stanford Hospitals & Clinics offers yet another example of the risks involved when sharing data with business associates and their subcontractors.
The nation's new chief HIPAA enforcer views the protection of privacy as an important way to help ensure patients have access to care. And his passion about the issue means you can expect HIPAA enforcement efforts to intensify in the months ahead.
"It should provide fuel for anyone calling for data breach legislation to include criminal sanctions ...," says Neal O'Farrell of the Identity Theft Council. "This was nothing short of a clumsy cover-up."
All 4.9 million TRICARE military health plan beneficiaries that were affected by a recent data breach will be notified by mail, but they won't be offered free credit monitoring services.
Organizations have started achieving PCI compliance, but it's a struggle for many to maintain, says Jen Mack, director of PCI Consulting Services for Verizon.
"Organizations are putting in layers of security and tools to safeguard information and assets, however, the fraudsters are attacking our weakest link, the consumer," says Anthony Vitale of Patelco Credit Union.
UBS's $2 billion loss to rogue trading provides lessons for all banks. What's missing in today's financial institution culture is a balance between profits, ethics and governance, says risk management expert Frances McLeod.
"With a company-issued device, you can issue a policy that says users have no rights of privacy over information on the device," says Javelin's Tom Wills. But with employee-owned devices? A whole new set of issues.
Security incidents reported over the past five years have placed the confidentiality, integrity and availability of sensitive government information and information systems at risk, an annual GAO review reveals.
Ten years after the 9/11 attacks, many organizations still need to do a better job of monitoring their networks for threats, says security specialist Mac McMillan.
"Everyone plays a role in protecting card data," says PCI Council head Bob Russo, offering the group's first public response to criticism from Verizon's new report on the state of PCI compliance.
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