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With Great Amounts of Data Comes Great Responsibility February 10, 2009
Data loss prevention: It's come to be one of the terms that we have become unusually familiar with. Data loss prevention isn't about the outright cessation of the loss of personal records; it's about reducing the risk to an acceptable level. There isn't a quadrant in health, finance, construction or any other sector that doesn't have some measure of risk.
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Heartland Bleeds Data, Potential Victims Could Number Millions January 21, 2009
Massive credit card payment processor Heartland Payment Systems disclosed Tuesday that a security breach within its processing system some time in 2008 resulted in the potential exposure of millions of credit card and debit card numbers. No cardholder Social Security numbers, addresses or telephone numbers have been compromised, and the intrusion is believed to have been contained, according to the company.
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Security Wonks Find Gaping Hole in Trusted Site System December 30, 2008
An international group of independent security researchers announced Tuesday that they have found a significant weakness in the Internet digital certificate infrastructure used by many Internet businesses. The flaw could conceivably allow cybercriminals to create fake certificates that would then be accepted and trusted by many widely used Internet browsers.
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If You Don't Have Customers' Trust, You Won't Get Their Money December 21, 2008
The current economic environment has consumers tightening their purse strings, carefully scrutinizing each dollar they spend. Scaling back on expenditures, including investments, they're not taking any chances with the money they do have. There is little trust in the economy or the future.
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Are Banks Short-Changing You on Security? December 18, 2008
Given the financial fallout we've all been treated to this year, online banking and investment transactions may face increasing risks from hackers and sub-par network
security. Buying and selling via the Internet is the most common form of trading stock -- and the most vulnerable. With so much money changing hands through the Internet, bank security risk is critically high.
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Prepare Now for New 'Red Flag' Credit Rules December 13, 2008
Identity theft has had a crippling effect on more than 9 million Americans, according to the Federal Trade Commission, and businesses that collect or hold identifying information report millions of dollars in annual losses as a result of these crimes. New identity theft regulations for creditors come into effect on May 1, 2009.
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Think Like a Fraudster to Protect Your Customers December 06, 2008
The holiday season has come to signify not only a time of celebration among family and friends -- it's also usually a period of joy for retailers. This year, however, the lagging economy threatens to dampen everyone's holiday spirit, and retailers who depend on a large holiday season sales boost should prepare for a much smaller increase.
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Old Threats Are New Again: Security Tips for the Holiday Season November 30, 2008
Today we have the advantage of staying connected wherever we are, which gives us the convenience of completing our holiday shopping from home or our working space at any time of day. This convenience, however, comes with a price, which can sometimes present itself literally.
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YouTube's Identity Crisis, Circuit City's Cash Crisis: A Week to Forget November 14, 2008
Now you can get your fix of "Bulletproof Monk" and "American Gladiators" -- all without leaving the comfort of YouTube. Yes, the king of user-generated, short-form video is now embracing the other kind: studio-generated, feature-length films. Yes, this is the same YouTube that said long-form video was anathema to its business model. But I guess when the big MGM lion comes roaring, you make an exception.
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Voiceprinting: Victrio's Fraud-Fighting Watchdog November 13, 2008
Credit card fraudsters beware: Victrio might be tracking you. The Mountain View, Calif.-based company recently released a new system aimed at identifying, analyzing and storing the voiceprints of identity thieves. "We're building a nationwide database of bad guys' voiceprints," said Victrio's founder and CEO, Tony Rajakumar.
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FBI Hunts Extortionists Holding Health Data on Millions November 07, 2008
Someone is trying to extort money from a company that handles drug prescription benefits for 50 million Americans in what could be one of the more damaging cases of data loss on record. The incident may raise red flags for industry hopes of putting more health care information online in an effort to control costs.
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Why Do Bad Things Happen to PCI-Compliant Companies? October 24, 2008
Caution: Just because your company has a payment card industry compliance certificate, don't assume your data is perfectly safe and secure. You can still suffer a breach. That's the lesson recently learned by retail clothing company Forever 21. Company officials posted a notice on their Web site last month telling customers of a data breach involving 98,000 credit cards.
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Identity Fraud, Part 3: Taking the Target Off Your Back September 30, 2008
If you've become a victim of identity theft, there are steps you can take to restore your good name, wipe black marks off your credit report, and recoup virtually all, if not absolutely all, of the money fraudulently spent under your name. So, how do you prevent this from happening again?
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Identity Fraud, Part 2: Digging Yourself Out of the Wreckage September 29, 2008
So it's happened. Someone's stolen your identity and now you've got a collection agency on your case, demanding payment for a car you didn't buy or a credit card you didn't take out. What to do? The first thing is not to panic, said Jay Foley, executive director of the Identity Theft Resource Center.
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Identity Fraud, Part 1: A $45 Billion Snowball September 27, 2008
Imagine getting a $45 billion bill without knowing exactly how you ended up with such a big tab. That's exactly the situation facing Americans struck by identity fraud. In 2007, the misuse of lost and stolen identity information cost $45 billion, an average of $5,574 per incident, according to Javelin Strategy's 2008 Identity Fraud Survey Report.
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New PCI Security Standard Falls Short September 24, 2008
October is the expected release date for the next version of the PCI Data Security Standard, 1.2. Since the PCI Standard's creation -- to serve as a guideline to help organizations that process card payments, prevent credit card fraud, hacking and various other security vulnerabilities and threats -- much hype has surrounded each PCI update.
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