Bankinfosecurity.com report that “Fraudsters are now gingerly testing the waters in central and Western Europe with attacks that drain cash machines of their funds, according to a trade group that studies criminal activity around ATMs.” The April 18, 2018 report entitled “No Card Required: ‘Black Box’ ATM Attacks Move
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71% of U.S. Federal Agencies Have Reported Cybersecurity Breaches!
By Peter Vogel on
Darkreading.com reported that “Federal agencies must protect sensitive data and both thwart bad guys hunting for citizens’ private data and nation-state hackers with their own agendas — in addition to grappling with perennial underfunding, understaffing, and antiquated systems that commercial enterprises tossed into the dumpster years ago. At the same…
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IBM Cybersecurity Teams with Willis Towers Watson
By Peter Vogel on
Willis Towers Watson “a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries..”announced “an expansion of the company’s global advisory services aimed at…
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Facebook Settles Theft of Trade Secret Lawsuit on the Eve of Mark Zuckerberg’s Congressional Testimony!
By Peter Vogel on
Law360.com reported that “Facebook told a California federal judge Monday it had reached a mid-trial settlement of BladeRoom Group Ltd.’s $365 million data center trade secrets suit, prompting co-defendant Emerson Electric Co. to unsuccessfully seek a mistrial on grounds that Facebook’s ongoing Cambridge Analytica scandal will bias jurors against it.” …
Don’t Trust Public Wifi is One of 5 Ways to Avoid Fraud This Tax Season!
By Peter Vogel on
Darkreading.com reported very bad news about tax season fraud that “Sixty days into the 2017 tax season, that same preparer had 1.5 million user authentication attempts with more than 28,700 of them being either denied access or asked for more authentication.” The April 6, 2018 reported entitled “Protect Yourself…
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No surprise – Cyber attacks directed at Cryptocurrency!
By Peter Vogel on
Darkreading.com reported that Web injects have led to “recent evidence of threat actors using Web injects to target cryptocurrency exchange Coinbase and Bitcoin wallet Blockchain.info.” The March 22, 2018 article entitled “Criminals Using Web Injects to Steal Cryptocurrency” included this description of Web injects:
Web injects is basically…
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Mark Zuckerberg requested to testify to Congress about Facebook/Cambridge Analytica Privacy
By Peter Vogel on
The Washington Post reported that there was an official request for Mark Zuckerberg to testify at the House Energy and Commerce Committee since the Committee believes the “CEO of Facebook, he is the right witness to provide answers to the American people. We look forward to working with Facebook and…
Blockchain insurance promises faster claims payments and cheaper coverage!
By Peter Vogel on
Insurance.com reported that Allstate Insurance is optimistic that “Blockchain has the potential to revolutionize underwriting…” The March 16, 2018 article entitled “Blockchain could ‘revolutionize’ insurance” included these comments from Dale Sherman, Allstate vice president of claims:
Coverage could be just-in-time or on-demand. You can imagine mile-by-mile insurance for…
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Cyberintrusions by Russia put US power infrastructure in jeopardy!
By Peter Vogel on
The Washington Post reported that “Since at least March 2016… Russian hackers have ‘targeted U.S. government entities and multiple U.S. critical infrastructure sectors, including the energy, nuclear, commercial facilities, water, aviation, and critical manufacturing sectors.’” The March 16, 2018 report entitled “Why Russian hackers aren’t poised to plunge the…
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Yahoo’s ToS limitations of liabilities challenged in Cyberbreach of 3 billion users!
By Peter Vogel on
Reuters reported that Judge Lucy Kohl ruled that “the plaintiffs could try to show that liability limits in Yahoo’s terms of service were “unconscionable,” given the allegations that Yahoo knew its security was deficient but did little.” The March 12, 2018 article entitled “Data breach victims can sue Yahoo…