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NSTIC: Pretty in Theory, Problematic in Practice May 28, 2011
The official vision of the National Strategy for Trusted Identities in Cyberspace is a government-coordinated, private-sector initiative to increase the security of the Internet. In their words: "Individuals and organizations utilize secure, efficient, easy-to-use, and interoperable identity solutions to access online services in a manner that promotes confidence, privacy, choice and innovation."
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Sniffing Out a Scam: Real-Time Detection's Role in Battling Data Breaches May 28, 2011
The email industry is under a prolonged and targeted attack. Going back almost a year now, service providers and their clients have been the focus of so-called spear-phishing (targeted phishing) and other intrusions that have resulted in large-scale direct and indirect data breaches. It's scary stuff, and the worst of it is far from over.
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The Sony Wake-up Call: Time to Get Serious About Data Protection May 06, 2011
Most of the talk about protecting users' privacy on the Web has centered on preventing the collection of information that would aid companies in creating targeted ad campaigns. I appreciate the efforts of all those people pushing for legislation that would protect me from the annoyance of spam emails and popup ads. But I wish they would expend more time and energy looking for ways to stop data breaches like the Sony debacle.
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White House Gets the Ball Rolling on Single Credential Online ID System May 03, 2011
The Obama administration has come up with a proposal for both improving and simplifying identity protection for consumers using the Internet, computers, and mobile devices. The plan would greatly reduce the need for consumers to use and remember multiple passwords or fill out separate privacy forms for multiple online accounts.
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Online Security: Very Bad and Getting Worse April 06, 2011
The state of Web security has never been pretty, and a new report from Symantec discussing current and future threats only highlights just how risky the Internet environment has become.
The daily volume of Web-based attacks increased an eye-popping 93 percent from 2009 to 2010, the report says -- and that's a particularly significant increase given the high level of attacks prior to 2009.
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Epsilon Breach a Sign of Coming 'CorpTechPocalypse' April 04, 2011
The world's largest permission-based marketing firm, Epsilon, reported on Friday that its computer system was hacked and an unspecified number of email addresses and names were stolen. Epsilon sends around 40 billion emails a year on behalf of its 2,500 clients, which include major banks such as Capital One, JP Morgan Chase, Barclay's Bank, U.S. Bancorp and Citigroup, as well as e-commerce sites.
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The Gawker Has Become the Gawkee December 13, 2010
Hackers struck at the Gawker blog network's servers over the weekend, stealing more than 1 million rows of data, including cracked passwords. Gawker has been scurrying to revamp security on its servers as a result, and has put up an FAQ page on this issue. Meanwhile, Twitter has been hit with a wave of spam attacks that it blames on the Gawker hack.
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Pro-Wikileaks Attacks More Slap in the Face than Kick in the Head December 09, 2010
Cyberattacks this week by supporters of Wikileaks on the home sites of Visa and MasterCard may have been designed to grab headlines rather than actually disrupt the companies' financial operations. The wave of electronic assaults, referred to as "Operation Payback" by the activists mounting the attacks, were aimed at the home sites of the credit card companies.
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Ringing In a Scam-Free Cyber Monday November 29, 2010
The end of Thanksgiving means the beginning of holiday shopping season, and as usual, a great deal of that shopping will be done online. But while online shopping is easy and convenient, it's also fraught with dangers. Sure, it's easy to search the Web for the best price on that laptop or video gaming console you want to get, but some of the results that pop up contain malicious links or malware.
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Facebookers' Feeds Crawling With Malware, Security Firm Finds November 23, 2010
Links to malware-infested sites and other threats lurk in many Facebook users' news feeds, according to research from security vendor BitDefender. Among approximately 14,000 Facebook users who installed BitDefender's Safego security and privacy app, about one in five has malware in his or her news feed.
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When Disaster Strikes, Customer Relationships Can Be Critical November 11, 2010
Developing good relationships with your customers pays off when all is going well -- but it can also pay big dividends when things go very wrong. In fact, as a recent case illustrates, those relationships nurtured through CRM can set the tone for your corrections and preserve your business. The business in question is Hannants, a chain of hobby shops in Great Britain.
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Clearing Up Some Common E-Commerce Security Misconceptions October 29, 2010
While the research proves that e-commerce sales will continue to gain popularity as technology advances, there continues to be a correlation with the increased emergence of aggressive cyberthieves who create techniques to breach even the most-protected systems -- and use that card data to purchase unauthorized goods and services.
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A 2-Pronged Approach to Curbing E-Commerce Fraud October 26, 2010
Despite advances in technology, online fraud and payment security continue to be significant issues and cost drivers for e-commerce merchants. Web applications are the leading source of data breaches and account for the majority of compromised data records. The majority of these records contain payment card data -- highly sought after because it is relatively easy for criminals to monetize.
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Time to Dust Off That Breach Disclosure Plan October 19, 2010
As we should probably realize by now, not all tasks are created equal -- especially when it comes to making mistakes. For most of the things we do -- from brushing our teeth to typing an email -- making a mistake is usually relatively innocuous. Sure, we might have to clean a bit of the toothpaste off the sink or retype a word or two, but the world doesn't blow up.
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How E-Commerce Apps Are Putting Your Site at Risk October 05, 2010
E-commerce security has never been more top-of-mind for retailers. Security breaches like the one that happened at TJX in 2007 reverberate not only through the media, but also -- more importantly -- through consumer confidence, for years. Even with an aggressive clean-up strategy, an attack can create lasting damage to a retail brand from which sales may never recover.
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70-Plus Charged in Cybergang Crackdown October 01, 2010
In a set of coordinated investigations, federal, state and local officials filed charges this week against more than 70 defendants who allegedly used cybercrime techniques to defraud both individuals and corporations out of millions of dollars. New York County District Attorney Cyrus R. Vance, Jr., announced the indictment of 36 people in Manhattan alone.
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IBM's X-Force: No Telling How Many Unpatched Web Threats Are Out There August 27, 2010
During the first half of 2010, more than 4,300 new disclosures of software security issues came to light. That's according to the mid-year report issued by IBM's special X-Force security research team. What's perhaps a bit more disturbing is how many of those vulnerabilities remain unfixed.
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Apple, PayPal Dodge Questions About Ongoing iTunes Scam August 24, 2010
A number of iTunes customers with PayPal accounts have fallen victim to a scam that apparently has been going on for some time. These customers know someone has been using their PayPal accounts to purchase items from the iTunes Store -- in some cases racking up thousands of dollars in fraudulent charges. What the victims don't know -- and may never find out -- is exactly how their accounts were compromised.
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Facebook and the Scammers: We Know Better August 19, 2010
Once again this week, users of the enormous social networking service Facebook have
fallen prey to unscrupulous people scamming them for information and money. It's beginning to be a familiar story: A seemingly innocuous link is sent from a friend, a company asks for personal information, and mysterious charges show up on a credit card -- or, in this case, a mobile phone bill.
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Friend and Foe? Combating E-Commerce 'Friendly Fraud' August 17, 2010
While financial cybercrime against card-not-present retailers has many forms, "friendly fraud" has emerged as a particularly painful thorn in the side of e-commerce merchants. Defined as a situation in which a customer disputes a legitimate credit card transaction, falsely claiming fraud or non-delivery of goods, friendly fraud is extremely hard for retailers to identify and nearly as costly to their business as criminal fraud.
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