Do You Need Cyber Insurance?

Identity Theft

Do You Need Cyber Insurance?

Do You Need Cyber Insurance?

Many companies are taking advantage of cyber insurance to ease the blow of security breaches by hackers, according to The Wall Street Journal. Ever since Target was hacked, sales of these insurance policies have picked up. Schools are among the entities that have taken cyber insurance seriously, but every company with confidential data such as payroll information might… Read More

The Data Breach Factor So Many Companies Forget: Emotion

Identity Theft

The Data Breach Factor So Many Companies Forget: Emotion

The Data Breach Factor So Many Companies Forget: Emotion

Smart business people know that they must secure their systems to withstand the most determined and persistent physical, as well as cyber, attacks. They must minimize their risk of exposure by deploying the most sophisticated security and anti-malware software, using outside firms to frequently penetration-test their cyber defenses, continuously training their employees to comply with… Read More

Does Anyone Think Their Credit Cards Are Secure?

Identity Theft

Does Anyone Think Their Credit Cards Are Secure?

Does Anyone Think Their Credit Cards Are Secure?

Consumers are less and less confident about using their credit cards to pay for things ever since some major retailers like Target reported security breaches, according to Retail Solutions Online. Even so, many consumers are still paying with their credit cards. A survey conducted by Balance Innovations found 59% of respondents haven’t made any changes to… Read More

BYOD: The Most Dangerous Acronym in Business

Managing Debt

BYOD: The Most Dangerous Acronym in Business

BYOD: The Most Dangerous Acronym in Business

There is a line of thinking among many of my small-business colleagues that allowing employees to supply their own computers and phones – known as Bring Your Own Device, or BYOD – is both convenient and a great way to save money. Whenever I hear that from anyone, the first thing I ask is if… Read More

Forget the Target Breach: Medical ID Theft Is Even Scarier

Identity Theft

Forget the Target Breach: Medical ID Theft Is Even Scarier

Forget the Target Breach: Medical ID Theft Is Even Scarier

If recent disclosures regarding the massive wave of breaches suffered by retailing icons Target, Neiman-Marcus and Sally Beauty haven’t scared you enough, try to wrap your brain around the new Ponemon Institute Patient Privacy and Data Security study. The study has found a 100% increase in criminal attacks on health care organizations since 2010. But if… Read More

Why the Latest Target News Isn’t That Shocking

Identity Theft

Why the Latest Target News Isn’t That Shocking

Why the Latest Target News Isn’t That Shocking

It’s certainly not good news that Target knew there were hackers in its system well before they said they did. The company’s security system FireEye detected malware and alerted personnel on Nov. 30 — before the hackers started removing credit card data from Target’s servers, according to a report from Bloomberg Businessweek. The FireEye security… Read More

Sally Beauty Hit By Credit Card Data Breach

Identity Theft

Sally Beauty Hit By Credit Card Data Breach

Sally Beauty Hit By Credit Card Data Breach

Thousands of credit and debit card numbers seem to have been stolen from Sally Beauty Supply, a national beauty-products chain, according to a report from security blogger Brian Krebs. About 282,000 stolen cards went up for sale on an underground crime store March 2, Krebs writes, and a sample of cards bought and analyzed by… Read More

Why There Will Be Another Major Data Breach

Identity Theft

Why There Will Be Another Major Data Breach

Why There Will Be Another Major Data Breach

The storm of consumer-focused data breaches started off as intermittent downpours — Choicepoint, TJ Maxx, SONY, LinkedIn, Twitter, Adobe Systems — and is now a torrent: Target, Neiman Marcus, Kickstarter, White Lodging, the Sands Casino, and now everyone who’s attended or worked at the University of Maryland since 1998. In each case, hackers weren’t after… Read More

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