No one is really sure when the FFIEC's new authentication guidance will be issued, but we do know banking institutions can't afford to wait. Hence, our new FFIEC Authentication Guidance Resource Center.
"Overall, this draft is not balanced," Rep. Henry Waxman, D-Calif., said at a hearing on the measure "It gives businesses too many protections and consumers not enough. It preempts strong state laws and replaces them with a weak federal one."
Recent hacks have uncovered security vulnerabilities that should have been addressed years ago. "These attacks are going to escalate," says Josh Corman of The 451 Group. But organizations can implement basic steps to make the hackers' job harder.
An unencrypted laptop computer that's missing from the United Kingdom's National Health Service North Central London health authority contained information on 8.63 million people, according to a report on The Sun newspaper's website.
Senate Sergeant at Arms confirms the attack occurred over the weekend and has ordered a review of all Senate computer sites. Hackers' cryptic message suggests they don't like military's intent to use force to combat cyberattacks.
CEO Jack Tretton didn't minimize the breach, grouping Sony with others that have been hacked in recent weeks. "If you read the newspapers, you realize that there are companies being bombarded with people trying to hack them all the time."
If you need one more reason to take additional steps to prevent health information breaches, here's something to consider. An attorney argues that if breaches, and their high costs, are not brought under control, "I think where we are headed is to an insurance crisis."
Some organizations hesitate to involve law enforcement in their breach investigations for fear that exposing the hack would cost them their reputations and money. A Justice Department contingent tells a gathering of lawyers why that impression is wrong.
A new federal suit against Michaels claims the crafts retailer, hit by a POS skimming scheme in May, took too long to notify customers after it learned of the breach that affected stores in 20 U.S. states.