data breach

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  • Data breaches not among top concerns for tech firms

    Posted May 24, 2010 - 3:13 pm

    Data security and breach prevention ranks low as a risk factor for most big technical companies, according to new research that identifies the most widespread concerns among the 100 largest U.S. public technology companies. The research, released by BDO, a professional services firm, examines the risk factors listed in the fiscal year 2009 10-K SEC filings of the companies; the factors were analyzed and ranked in order by frequency cited.
  • Heartland breach expenses pegged at $140M -- so far

    Posted May 12, 2010 - 2:18 pm

    The costs to Heartland Payment Systems Inc. from the massive data breach that it disclosed in January 2009 appear to be steadily adding up.
  • Court gives preliminary OK to $4M consumer settlement in Heartland case

    Posted May 7, 2010 - 4:31 pm

    A federal court in Texas has preliminarily approved a $4 million settlement of a consumer class-action lawsuit against Heartland Payment Systems Inc. over the massive data breach the payment processor disclosed in January 2009.
  • Study: Cost of data breach in U.S. is highest world wide

    Posted April 28, 2010 - 3:34 pm

    A global study of data breach costs conducted by the Ponemon Institute finds notification laws have dramatic impact on the price tag.
  • In data breaches, keeping number of records lost secret can protect stock prices

    Posted April 15, 2010 - 11:26 am

    When companies publicly declare that they have suffered a data breach, it's best not to reveal how many individual records were involved if they don't want to take a hit in their stock prices, according to a study.
  • Gonzalez sentenced for multimillion dollar credit card scam

    Posted March 25, 2010 - 9:09 pm

    Hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the "unparalleled" theft of millions of credit card numbers from major U.S. retailers.
  • Former Barclays programmer gets four years for role in TJX attacks

    Posted March 16, 2010 - 11:14 am

    A former Barclays Bank programmer who helped launder money for the mastermind behind the data thefts at TJX Companies Inc. and other retailers, was sentenced to four years in prison by a federal court in Boston.
  • Losing sleep over three data breaches in a year

    Posted March 5, 2010 - 4:10 pm

    Never mind three strikes and you're out. How about three strikes and I've got to ask myself if I even want to be in one of your hotels in the first place.
  • Digital Thieves Dominate Data Breaches

    Posted March 2, 2010 - 3:47 pm

    For the first time, hackers have become the biggest cause behind publicly reported data breaches, according to a recent report.
  • Verizon shares framework to gather, analyze security incident data

    Posted March 1, 2010 - 2:22 pm

    Verizon today released its Verizon Incident Sharing framework, a move aimed at helping enterprises consistently analyze and share incident data, whether internally or with each other.
  • FTC P2P data leak alarm could give law-makers big stick

    Posted February 24, 2010 - 1:15 pm

    The FTC said companies and institutions of all sizes are vulnerable to serious P2P-related breaches, placing consumers’ sensitive information such as health-related information, financial records, and drivers’ license and social security numbers at risk for identity theft.
  • How to Stop P2P Data Breaches

    Posted February 23, 2010 - 3:38 pm

    The Federal Trade Commission (FTC) has notified hundreds of US businesses that their sensitive data is circulating freely on peer-to-peer (P2P) file sharing networks for all to see. While no company wants to have confidential information exposed to unauthorized users on the Web, many businesses, depending on the nature of the data being exposed, also fall under legal compliance mandates to safeguard the data.
  • Credit card data security: Who's responsible?

    Posted February 11, 2010 - 11:27 am

    About a year ago security at Heartland Payment Systems Inc. was breached and information affecting over 100 million credit cards stolen. Was it Heartland’s fault, or should the credit card companies shoulder more of the responsibility?
  • Heartland moves to encrypted payment system

    Posted January 20, 2010 - 4:24 pm

    Responding to its widely reported and massive data breach that took place a year ago, Heartland Payment Systems will be moving to an end-to-end encryption system for payment transactions, according to Chairman and CEO Robert Carr.
  • Top Internet Security Trends from 2009 and a Look Ahead to 2010

    Posted December 15, 2009 - 4:13 pm

    Rogue security software, social networking attacks, drive-by downloads, and bot networks were among the top security trends in 2009, according to researchers at Symantec. See what the bad guys have in store for us in 2010.
  • To Err is Human, to Secure is Divine

    Posted December 8, 2009 - 3:56 pm

    With reports of insider breaches continuing to make headlines, it’s clear that organizations are still struggling to protect high value targets such as databases, key operational systems and highly sensitive information.
  • Judge says TD Ameritrade's proposed security fixes not enough

    Posted October 27, 2009 - 9:11 pm

    A federal judge's rejection of a proposed settlement by TD Ameritrade Inc. in a data breach lawsuit marks the second time in recent months where a court has weighed in on what it consider to be basic security standards for protecting data.
  • 500,000 job hunters details exposed in Guardian hack

    Posted October 26, 2009 - 12:15 pm

    Sensitive personal data belonging to 500,000 job hunters have been exposed after hackers attacked The Guardian's Jobs website.
  • ChoicePoint to pay $275,000 for second data breach

    Posted October 21, 2009 - 4:58 pm

    Data broker ChoicePoint, the victim of a 2004 data breach affecting more than 160,000 U.S. residents, has agreed to strengthen its data security efforts and pay a fine for a second breach in 2008, the U.S. Federal Trade Commission said Monday.
  • Lawsuits over Heartland data breach folded into one

    Posted October 5, 2009 - 3:08 pm

    A lawsuit consolidating 16 separate class-action complaints brought by financial institutions against Heartland Payment Systems Inc. has been filed in U.S. District Court for the Southern District of Texas.
  • How to stop IT managers from going rogue

    Posted October 5, 2009 - 1:16 pm

    Nearly half of all data breaches come from inside an organization, which is why industry watchers say enterprise IT departments need to invest in technology that ensures no one person has all the power.
  • House members seek stronger health care data breach notifications

    Posted October 5, 2009 - 9:42 am

    A House committee is voicing concern over a controversial provision in a recently passed health care breach notification bill that gives health care companies considerable discretion on whether to disclose a data breach.
  • Large online payroll service hacked

    Posted October 1, 2009 - 9:36 pm

    In a somewhat unusual data breach, hackers recently stole the login credentials of an unknown number of customers of payroll processing company PayChoice Inc., and then attempted to use the data to steal additional information directly from the customers themselves.
  • Old credit-card breaches still causing headaches for banks, consumers

    Posted September 29, 2009 - 4:38 pm

    Credit-card breaches take months to sort out. Banks often put accounts on fraud watch and reissue cards over a protracted period of time, MasterCard says.
  • UNC data breach exposes 163,000 SSNs

    Posted September 25, 2009 - 8:27 pm

    The University of North Carolina at Chapel Hill today began notifying about 163,000 women about the potential compromise of their Social Security numbers and other personal information after a hacker breached a system containing the data.
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