187 Results from 2011, /security
Retired Member
Do information security standards expose organizations to shared vulnerabilities? Why do data breaches occur with such frequency? Recent European Commission announcement on reporting of data security breaches is definitely not the first attempt to enforce security compliance it is more of an assurance to general public in the wake of recent data b...
02 July 2011 /security /regulation
Robert Siciliano Security Analyst at Safr.me
According to a recent report from Verizon, data breaches are on the rise. There were 760 data breaches recorded in 2010, compared to 140 breaches in 2009. However, there were approximately four million records stolen in 2010, as opposed to 144 million stolen in 2009. This means there were fewer large-scale data breaches compromised of multimillion...
The European Commission last week announced plans to widen the scope of current EU legislation for the protection of personal data to make it mandatory for all companies that store data on consumers to report data security breaches. If these proposals go through, banks that do not already have a thorough data protection policy in place could be hi...
01 July 2011 /security /regulation
Angus Stewart CEO at www.e-solutions.uk.com
Possibly illegal, certainly immoral – Do insurance companies need to look again at their role in escalating premiums? The recent revelations by former Justice Secretary Jack Straw that he has been advised by senior executives within the car insurance industry that they receive “referral fees” from no win no fee personal accident legal firms is, in ...
29 June 2011 /security /regulation
It appears that someone took the side of the underdog when NATO somewhat foolishly chose poor words in a report where 'infiltration & persecution' were the recipe for hurt feelings. Besides the fact that 'persecution' is specifically prohibited by the UN, NATO, in a glaring show of their Freudian slip chose the wrong words, which resulted in t...
28 June 2011 /security /regulation Whatever...
I have just been reading the new guidance provided by the PCI SSC on Virtualisation. This document has been long anticipated, having been pre - announced at the PCI SSC User Forum back in October 2010. The document includes advice for local virtualised servers and environments as well as advice for those merchants considering a wholesale switch t...
23 June 2011 /security /regulation Information Security
There’s no doubt that cyber criminals are becoming increasingly proficient in bypassing traditional fraud prevention tools. Recently the Financial Times reported on the attack on Citigroup – which compromised the account names and numbers of 200,000 Citi card customers – and a survey carried out by Unisys in the first quarter of 2011 reported a...
23 June 2011 /security /regulation
I have to speak out. You must remember hbgary, the company which apparently conspired with BoA/DOJ on ways (some illegal) in which to tackle wikileaks? Well they were allegedly hacked by a 16yr girl in retaliation for their unethical actions and the CEO subsequently quit. The company emails & files for ...well several years... are circulating o...
23 June 2011 /security Information Security
The Vice-President of the European Commission and EU Justice Commissioner, Vivien Reding, has this week outlined updates to EU legislation for the protection of personal data, following a public consultation throughout 2010. As of autumn this year all sectors across the EU will be subject to a ‘mandatory requirement to notify data security breache...
22 June 2011 /security /payments
For many financial institutions, the recent ruling in the US holding a bank responsible for fraudulent losses from business accounts has raised a few eyebrows because, traditionally liability has remained with the customer for business accounts. However, the court ruled that the bank has a responsibility to protect its customers through the use of...
22 June 2011 /security
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