The Internet Security Alliance presented Melissa Hathaway with its annual award for vision in cyber security Tuesday during an event at the National Press Club. Hathaway, the Obama Administration’s former acting cyber security chief, received the McCurdy Award on the one-year anniversary of when she began her 60-day review of the government’s cyber security program. ISA believes that Hathaway’s work, if implemented, would result in the establishment of a modern partnership between the public and private sectors, which is necessary for an effective and sustainable system of cyber security.
An important consideration with information security incidents is identifying if personally identifiable information - PII - is involved. If it is, then the privacy breach response team needs to be put into action to determine whether or not an actual privacy breach occurred. I’m always interested in hearing the challenges and unique situations they run across as they not only create their plans, but also for how they execute them. Here are three of these situations, often overlooked and not planned for, but experienced by organizations.
According to Peter Greenberg, the author of CRM at the Speed of Light, social CRM is a philosophy and a business strategy, supported by a technology platform and designed to engage a customer in a collaborative conversation in order to provide mutually beneficial value in a trusted and transparent business environment…
Police believe they may have uncovered an international ATM “skimming” ring responsible for stealing money from hundreds of local accounts. It was not too long ago that I bought an ATM north of Boston from a dude named Bob at a bar and rolled it through the streets of Boston nabbing unsuspecting users who entered their debit cards and PINS. I performed this crazy stunt to demonstrate how easy it is and how vulnerable we are.
In your policy it states quite clearly that no claim that you make will be paid. You unfortunately plucked for our Never-Pay Policy, which if you never claim is very worthwhile - but, uh, you had to claim - and there it is… Monty Python’s Flying Circus, circa 1971
Valid criticisms from Simon in this article but you guys across the Atlantic need to recognize that Inflation scares the Europeans more than depression. Simons is a pretty good academic in this article but you don't recognize where people are coming from it becomes all to easy to say they are idiots.
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The entirely pointless G7 meeting this weekend only served to underline the fact that Europe is again entering a serious economic crisis.
At the end of the meeting yesterday, Treasury Secretary Tim Geithner told reporters, “I just want to underscore they made it clear to us, they the European authorities, that they will manage this [the Greek debt crisis] with great care.”
But the Europeans are not being careful – and it’s not just about Greece any more. Worries about government debt and associated public sector liabilities (e.g., because banking systems are in deep trouble) have spread through the eurozone to Spain and Portugal. Ireland and Italy are next up for hostile reconsideration by the markets, and the UK may not be far behind.
What are the stronger European countries, specifically Germany and France, doing to contain the self-fulfilling fear that weaker eurozone countries may not be able to pay their debt – this panic that pushes up interest rates and makes it harder for beleaguered governments to actually pay? ......Valid criticisms from Simon in this article but you guys across the Atlantic need to... more
Anti-jihadi hactivist The Jester (th3j35t3r), the self-proclaimed Nicest Hacker in the World, has returned for part two of our conversation concerning his campaign of intermittent disruption of militant pro-jihad websites. Part one, Q&A With anti-Jihadi Hacker The Jester, elicited both ire and accolades for the cyber-vigilante in nearly equal volume, revealing just how polarizing the issues surrounding ownership, permissions and access have become in this age of information.
Data Show Fund-Raisers Begin Capitalizing on Bankers' Regret Over Backing Obama.
Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008.
In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street.
GOP strategists hope to benefit from the reaction to the White House's populist rhetoric and proposals, which range from sharp critiques of bonuses to a tax on big Wall Street banks, caps on executive pay and curbs on business practices deemed too risky.
Democrats have dominated Wall Street's fund-raising circles in recent elections. Mr. Obama himself raised millions of dollars from employees of Goldman Sachs Group Inc., Citigroup Inc., J.P. Morgan Chase & Co. and other Wall Street firms.
Now, at least some Wall Street executives have reduced their political contributions to the Democratic Party and its candidates, according to fund-raising reports and interviews with executives at financial-services firms.
Last week, House Minority Leader John Boehner of Ohio made a pitch to Democratic contributor James Dimon, the chairman and chief executive of J.P. Morgan, over drinks at a Capitol Hill restaurant, according to people familiar with the matter.
Mr. Boehner told Mr. Dimon congressional Republicans had stood up to Mr. Obama's efforts to curb pay and impose new regulations. The Republican leader also said he was disappointed many on Wall Street continue to donate their money to Democrats, according to the people familiar with the matter.
A spokeswoman for J.P. Morgan declined to comment.
"I sense a lot of dissatisfaction and a lot of buyer's remorse on Wall Street," said Rep. Eric Cantor (R., Va.), the second-ranking House Republican and a top Wall Street fund-raiser for his party.
.....more at link.....Data Show Fund-Raisers Begin Capitalizing on Bankers' Regret Over Backing Obama.... more
The recession has lessened and all that cash your Company has been hoarding for the rainy days of the Obama years is burning a whole in your CEO’s pocket. He has his powder dry and is ready to make a big bang by going on a buying spree, targeting overseas entities, to beat the competition in coming out of your industry’s downturn. An initial inquiry should be made into the ownership structure of the target company. If any portion of the entity is owned or held by a government or governmental entity then such an entity is covered under the FCPA as a foreign governmental instrumentality…
In the online world where personal information in extremely large volumes is merchandise for organized crime, where law enforcement is more focused on building war-rooms and appointing cyber security tzars, and where everyone leaves a digital footprint, cyber vigilantes have become something like worshiped heroes…
We have had a few weeks to absorb the implications of wide spread Chinese supported attacks against Google and thirty or so other organizations. The US Secretary of State made one of the most affirmative statements on Internet freedom yet articulated by a government. Various policy analysts have chimed in as well. Some thoughts on what they have said…
The detailed reasons why people fail at DLP implementations merits a separate post – but it’s a lot like why over 50% of the content management implementation from vendors never made it to production in the 90s – the root cause was that there was no real business case for the technology. Unlike business processes – data risk cannot be outsourced.
WireHead SecurityTM, an information security services firm providing customers with solutions to strengthen internal security and risk management, today announced a partnership agreement with the North Carolina Independent Colleges and Universities (NCICU), under which member institutions can take advantage of discounted service pricing. NCICU is comprised of North Carolina’s 36 private, non-profit liberal arts, comprehensive, and research colleges and universities accredited by the Southern Association of Colleges and Schools.
Fraud as a service or FaaS for the acronym collectors, has been a topic of concern for security professionals since 2008. Gone are the days where the primary theft is being perpetrated by the sociopath lone-wolf in the basement. The major player is now organized crime, responsible for 70 percent of online fraud and billions in ill-gotten gains…
Scammers will say and do anything to get a person to part with their money. At first they had a sob story that sounded like a legitimate issue, new housing, can’t have a pet. When posted in a classified ad, it looks legitimate. Then they involved a “shipping company” that was a front for the scam. Once the victims were asked to send money via Western Union, that should have been a red-flag.
There needs to be a change to email security if we want to stop seeing high profile security breeches such as the ones that hit Hotmail and Google in 2009, and the America law firm Gipson Hoffman & Pancione more recently. The problem is, most email filtering systems will trust the email address and therefore allow it through.
Cisco’s existing product lines offer a number of different appliance options which allow companies the ability to block the various web based threats in existence. The problem that this type of solution has is that it does require constant tweaking of the filtering and analysis settings as well as someone to constantly keep an eye on current events as zero-day attacks become more prominent.
Several days after 21-year-old Heather Lynn used her Wachovia debit card to donate $10 to Yele Haiti's earthquake fund, she noticed on her online billing statement that the bank had deducted a 3% "international service fee" from the donated amount. Since the four major credit card companies had waived their transaction fees on donations to Haiti, Lynn says, she assumed that Wells Fargo, Wachovia's parent company, had done the same.
Lynn, an art major at Old Dominion University in Norfolk, Va., immediately moved all her money to the Bank of Hampton Roads, a local community bank, and created a Facebook page to raise awareness of Wachovia's policy. The page, called "Wachovia = Fail," attracted more than 200 "fans" in a week and a slew of comments from people who are angry over Wachovia's ways of business.
Financial markets reacted swiftly to the stronger-than-expected growth, with the dollar gaining ground and bond yields rising amid fears of rising inflation in the US economy.
The US economy grew at a faster-than-expected 5.7% annualised rate in the fourth quarter, the strongest figure in more than six years, as businesses reduced inventories less aggressively than before.
Growth in the October to December period was much faster than the third quarter's 2.2% rate and was boosted by a sharp slowdown in the pace that businesses ran down stock levels, a factor that could mask the strength of the economic recovery from the longest and deepest downturn since the Great Depression.
But even stripping out inventories, the economy expanded at an annual rate of 2.2%, accelerating from the 1.5% increase in the third quarter, reflecting relatively strong performance from other segments of the economy.Financial markets reacted swiftly to the stronger-than-expected growth, with the... more
