October 26, 2014

FTC Allowed to Proceed with Lawsuit against Hotel Group after Information Security Breaches

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This website and its readers are well aware of the risk management challenges and opportunities for companies to make decisions over the growing number of information security breaches related activities. Unfortunately, many of these concerns can easily be lost over these risk mitigation topics for small business firms. Nonetheless, supply chain management dynamics can often force even small business firms to have to pay attention to recent developments in this area of information security enforcement--- and --- it is with this point in mind that our staff focused its attention on the … [Read more...]

2014 US State of Cybercrime Survey Report Now Available

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Recently, a report entitled the “2014 US State of Cybercrime Survey” was released and made available to the public.  This survey was co-sponsored by PwC, CSO magazine, The CERT® Division of the Software Engineering Institute at Carnegie Mellon University, and the United States Secret Service.  Cybersecurity leaders from these organizations worked together to evaluate survey responses from more than 500 executives of US businesses, law enforcement services, and government agencies where they identified requirements for effective cyber security processes and procedures and evaluated these … [Read more...]

Cyber Intelligence Sharing Website Newly Launched

Our staff would like to bring your attention to the fact that U.S. retailers have recently joined forces and have launched a website called “Retail Cyber Intelligence Sharing Center”. In order to create a structure for this website and to better address the needs of the retail industry, the R-CISC was developed with input from more than 50 of America’s largest retailers, and in consultation with key stakeholders including federal law enforcement, government agencies and subject matter experts. For the record, the R-CISC is an independent organization, the focus of which is a Retail … [Read more...]

Information Security Scams This Christmas

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With the holiday season upon us once again, our staff would like to focus some of your attention on some information security concerns regarding the likely use of digital devices as each of us try to make our Christmas buying lists and plans for upcoming holiday festivities.  Our point is that for every Santa there is a Grinch, and a cybercriminal is most likely waiting in the wings to turn all that holiday cheer into fast cash as he spreads his scams and malware. To help you stay protected as you search high and low both on and offline for the perfect presents for your loved ones, McAfee … [Read more...]

Mobile Device Threats in Corporate Environments are Real and Costly

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While few risk management teams would fail to recognize the growing potential for information security threats involved in mobile devices, the fact remains that a lack of integrated mobile security is continuing to cost companies in terms of everything from lost productivity to lost data. Cyber criminals also continue to target mobile workers as easy potential access portals to a company’s backend IT infrastructure. As a result, many organizational security risk management teams can argue that their company might need to supplement its integrated mobile defense program with a coherent … [Read more...]

Free Cyber Security Awareness and Training Courses Offered by DHS/FEMA Partnership with Texas A&M University.

Cybersecurity from blog by DHS

Just recently, our staff was made aware of a program offering free cyber security related training and awareness courses.  These courses are funded by DHS/FEMA in cooperation with the Texas A&M Engineering Extension Service (TEEX). The objective of this DHS/FEMA partnering is to ensure that cyber space is supported by secure and resilient infrastructure(s) ---delivering open communications, information and prosperity while protecting privacy and confidentiality. These courses are offered at no cost and students can earn a TEEX certification of completion and Continuing Education … [Read more...]

IT Security Threats and Attacks Quantified by New Ponemon Institute Report

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A newly recently report, entitled “First Annual Cost of Failed Trust Report: Threats and Attacks”, has just been released.  This report presents research from the Ponemon Institute and was underwritten by Venafi.  The objective of this report is to provide the first extensive examination of how failure to control trust (in IT security keys and certificates) in the face of new and evolving threats is placing all global enterprises at risk. Every business and government relies on cryptographic keys and certificates to provide trust for critical electronic communications.  These technologies … [Read more...]

Wireless Network Security Tested in a Unique Way

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Wireless network security levels were tested recently in Edinburgh Scotland by a cyclist who “war-biked” around the capital trying to find unsecured wireless networks which could be exploited by hackers. Security expert James Lyne utilized a bike equipped with dynamos and solar panels to power a computer which scans for wireless networks which have no or poor security. As our readers well know, hackers can join wireless networks and then become totally capable of directly attacking those computers and other devices to steal money or information. They can also track which websites you … [Read more...]

E-Discovery Newsletter of Notable Cases and Events

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In its ongoing effort to provide current and relevant updates regarding developments in the field of e-discovery, our staff would like to recommend a reading of the Sidley Austin LLP firm's current newsletter written by its in-house “E-Discovery Task Force” group. This group from Sidley Austin LLP works to stay abreast of the shifting legal landscape surrounding e-discovery. The most current update addresses the following recent developments and court decisions involving e-discovery issues: 1. A Northern District of Illinois ruling sanctioning a defendant company for failing to … [Read more...]

Cyber Risk Management App Offers Help in Keeping Ahead of the Curve in a Rapidly Changing Cyber Threat Landscape

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As one of the risk management options mentioned in an earlier cyber insurance related posting on this website, our staff would like to recommend the CyberEdge Mobile App for the iPad to cyber security risk management team members where you work. AIG “Cyber Risk Report 2013 This CyberEdge Mobile App was developed by the American International Group, Inc. (AIG) in response to a recent AIG survey and report, where it was found that 80% of executives and brokers find it very difficult – if not sometimes nearly impossible – to keep pace with defending against and mitigating risk related to cyber … [Read more...]