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Justice Department Seeking Ways to Combat Credit Card Fraud Overseas

September 16, 2014 8:20 am | by Associated Press | News | Comments

Justice Department officials are seeking a tougher law to combat overseas credit card trafficking, an increasingly lucrative crime that crosses national boundaries.  Authorities say the current statute is too weak because it allows people in other countries to avoid prosecution if they stay outside the United States when buying and selling the data and don't pass their illicit business through the U.S.

Security Clearance Company to Lose Government Contract After Data Breach

September 10, 2014 2:04 pm | by Associated Press | News | Comments

The federal Office of Personnel Management plans...

In Re-Routing of Plane, Lines Blurred Between Digital World and Reality

September 4, 2014 2:38 pm | by Associated Press | News | Comments

 The boundary between the online and physical...

Home Depot Investigating Major Data Breach

September 3, 2014 1:48 pm | by Associated Press | News | Comments

Atlanta-based home Depot  is working with both banks and law enforcement to investigate "...

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Weekly news and features for business continuity professionals

The Importance of the Cyber Supply Chain in Business Continuity

September 2, 2014 9:13 am | by Ken Simpson, MBCI, CORP | Articles | Comments

Ken Simpson discusses the importance of the "cyber supply chain" in preparing for cyber threats and how business continuity and logistics can go hand-in-hand for organizations looking to prevent such threats.  He also discusses sharing the critical cyber threats with senior management. 

Account Numbers, Expiration Dates Compromised in Grocery Store Data Breach

August 19, 2014 10:43 am | by Associated Press | News | Comments

The grocery chain Supervalu said Friday that it may have suffered a data breach at stores in as many as five states.  Hackers accessed a network that processes store transactions. Account numbers, expiration dates, cardholders' names and other information may have been stolen, the company said.

Data Generated by DDoS Attacks Almost Impossible for Websites to Withstand

August 19, 2014 10:40 am | by Dr. Bill Highleyman | Articles | Comments

Dr. Bill Highleyman, Managing Editor of the Availability Digest, will be presenting a paper on Distributed Denial of Service (DDoS) attacks at the Continuity Insight’s Regional Business Continuity Conference to be held at the Wyndham Hotel in New York City on October 7 and 8, 2014.

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Chinese National Charged in Alleged Conspiracy to Steal Patented Seeds from U.S. Companies

July 21, 2014 4:42 pm | News | Comments

Patented seed allegedly stolen from U.S. seed corn companies as part of what prosecutors say was a conspiracy involving seven employees of a Chinese agriculture biotechnology company to steal trade secrets could be worth as much as $500 million, federal prosecutors said last week.

All That Glitters is No Longer Gold:Shylock Trojan Gang Hit by Takedown

July 21, 2014 2:39 pm | by Symantec | Symantec Corp. | Blogs | Comments

An international law enforcement operation has struck a major blow against the gang behind Shylock, one of the world’s most dangerous financial Trojans. The takedown, which was led by the UK National Crime Agency, resulted in the seizure of a command and control (C&C) servers, in addition to domains that Shylock uses for communication between infected computers.

New York Breaches Have Exposed 23 Million Private Records in Past Eight Years

July 15, 2014 10:29 am | by Michael Virtanen, Associated Press | News | Comments

Nearly 23 million private records of New Yorkers have been exposed in data security breaches reported by more than 3,000 businesses, nonprofits and governments over the past eight years.  Deliberate hacking was responsible for 40 percent of the 5,000 incidents.

Man Hacked Hundreds of Retail Businesses, Authorities Said

July 14, 2014 2:31 pm | by Associated Press | News | Comments

Authorities say a 30-year old Russian man recently arrested on bank fraud and other charges was also found to have hacked into computers at restaurants in Western Washington, hundreds of other retail businesses and even the Phoenix Zoo.   

Video:The Critical Importance of Cyber Preparedness

July 14, 2014 8:56 am | Videos | Comments

Steve Ross, Executive Principal for Riskmasters Inc., discusses the importance of being prepared for interruptions caused by cyber attacks and why business continuity professionals should put more effort into planning for such attacks   

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Germany, U.S. Concerned About Chinese Spying

July 7, 2014 4:14 pm | by Associated Press | News | Comments

German Chancellor Angela Merkel criticized industrial spying Monday while on a visit to China, which Germany and other governments have cited as a global center for economic espionage.  The United States and other governments complain China's military, a leader in cyber warfare, steals foreign trade secrets to help the country's vast state-owned industrial sector.

Hackers Target Major League Baseball Squad

July 7, 2014 3:29 pm | by Associated Press | News | Comments

The Houston Astros said Monday that they have been the victims of hackers who accessed their servers and published months of internal trade talks on the Internet.  The team is working with the FBI and Major League Baseball security to try who was responsible for the breach.

Study Shows Impact of Credit Card Fraud

June 30, 2014 1:33 pm | by Associated Press | News | Comments

A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years.  Nearly 25 percent of consumers changed financial institutions due to dissatisfaction after experiencing fraud.

U.S. Wants to Resume Discussions on Hacking With China

June 30, 2014 10:38 am | by Matthew Pennington, Associated Press | News | Comments

The United States will urge China to resume discussions on cyber security that were abruptly suspended after the Americans charged five Chinese military officers with hacking into U.S. companies to steal trade secrets.  After the indictments against the five officers were unsealed in May, Beijing pulled the plug on the group that had been set up a year ago in what Washington.

Target Glitch Not a Data Security Issue

June 16, 2014 11:54 am | by Associated Press | News | Comments

Target Corp. said a glitch in its system caused delays at checkout registers at some of its U.S. stores but it wasn't due to a data security issue or a hacker. Customers across the country took to social media to report long check-out lines Sunday night due to registers not working.

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Avalution Releases New Educational Video Series: Business Continuity Management 101

June 6, 2014 1:53 pm | by Avalution | Avalution Consulting | News | Comments

Avalution Consulting – a leading provider of business continuity consulting and software solutions – announced today the release of the Business Continuity Management (BCM) 101 educational video series. The six videos in BCM 101 provide straightforward answers to the most common business continuity-related questions

US Disrupts Hacking Schemes That Stole Millions

June 3, 2014 1:56 pm | by Joe Mandak, Eric Tucker, Associated Press | News | Comments

A band of hackers implanted viruses on hundreds of thousands of computers around the world, secretly seized customer bank information and stole more than $100 million from businesses and consumers, the Justice Department said Monday in announcing charges against the Russian man accused of masterminding the effort.

China Calls On U.S. to Stop 'Unscrupulous' Spying

May 27, 2014 12:29 pm | by Associated Press | News | Comments

The report by China's Internet Media Research Center, cited Tuesday by the official Xinhua News Agency, mentioned media reports of former NSA contractor Edward Snowden's leaks and said a subsequent investigation by Chinese authorities "confirmed the existence of snooping activities directed against China."

Europe's Move to Rein In Google Would Stall in US

May 27, 2014 12:24 pm | by Martha Mendoza, Toby Sterling, Associated Press Writers | News | Comments

"The ruling has significant implications for how we handle takedown requests," Google spokesman Al Verney said. "This is logistically complicated, not least because of the many languages involved and the need for careful review. As soon as we have thought through exactly how this will work, which may take several weeks, we will let our users know."

Hacker Who Helped Feds To Be Freed From Prison

May 27, 2014 12:19 pm | by Associated Press | News | Comments

An admitted computer hacker who helped the FBI thwart hundreds of cyberattacks on government and corporate computer systems will be freed from prison. Hector Xavier Monsegur (HAH'-vee-ehr MAHN'-see-gur) was sentenced Tuesday in Manhattan to the time he already served — seven months.

US Charges Chinese Officials in Cyberspying Case

May 19, 2014 8:34 pm | by Eric Tucker, Associated Press | News | Comments

The hackers targeted big-name makers of nuclear and solar technology, stealing confidential business information, sensitive trade secrets and internal communications for competitive advantage, according to a grand jury indictment. "Success in the international marketplace should be based solely on a company's...

SanDisk Unveils Enterprise Security Software Providers for SanDisk X300s SSD Deployments

May 13, 2014 11:13 am | by SanDisk | News | Comments

SanDisk Corporation (NASDAQ: SNDK ), a global leader in flash storage solutions, today announced the inaugural members of its broad ecosystem of independent software vendors (ISV) for security management. This unique ecosystem provides SanDisk customers with fully certified solutions to ease the deployment...

Despite Progress, Survey Reveals Common Obstacles for IT Leaders Remain

May 6, 2014 10:52 am | by Red Hat | News | Comments

The survey, commissioned by Red Hat through CIO Strategic Marketing Services /IDG Research Services polled 100 respondents at the IT director level and above at organizations with 1,000 or more employees about the current and future roles of CIOs. 

Target's CEO Out in Wake of Security Breach

May 6, 2014 10:41 am | by Anne D'innocenzio, AP Retail Writer | News | Comments

Gregg Steinhafel, who was also president and chairman, stepped down nearly five months after Target disclosed a huge pre-Christmas breach in which hackers stole millions of customers' credit- and debit-card records. The theft badly damaged the store chain's reputation and profits.

Avalution Snags Business Continuity Provider of the Year Award

April 21, 2014 12:37 pm | by Avaluation | News | Comments

The 2014 BCI North America Awards, held during the DRJ Spring World Welcome Reception, span 10 categories and recognize the outstanding contribution of business continuity professionals and organizations living in or operating in North America. Winners were chosen by a panel of BCI-appointed judges.

Health Care Site Flagged in Heartbleed Review

April 21, 2014 12:32 pm | by Julie Pace, AP White House Correspondent | News | Comments

People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the confounding Heartbleed Internet security flaw.

KnowBe4 Study Shows Maintaining Security Getting Much Harder For IT

April 15, 2014 9:19 am | News | Comments

Security is harder to maintain than it was a year ago according to a study done by KnowBe4. Ransomware, rapid technology advances and adoption of BYOD create a greater challenge for businesses to stay abreast of the numerous internal and external threats. 

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