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By Securities Docket on April 25, 2014, 8:13 am
Firms need to vet the cybersecurity defenses of those they do business with, a former top prosecutor said. Companies should do cybersecurity due diligence on vendors and as a part of any mergers or acquisitions, said Jason Weinstein, a partner at Steptoe & Johnson LLP and a former deputy assistant attorney general at the U.S. […]
By Securities Docket on April 24, 2014, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for April 23, 2014.
By Securities Docket on April 23, 2014, 2:18 pm
On Wednesday, AIG announced it’s expanding cyber insurance offering to cover property damage and bodily injury. It’s a watershed moment. A major insurer is saying the virtual and corporeal are now, in some cases, one and the same…. Researchers have accessed control systems for heart rate monitors, traffic lights, home security apps, swimming pool acid […]
By Securities Docket on April 23, 2014, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for April 22, 2014.
By Securities Docket on April 23, 2014, 8:39 am
The federal government sector has been abuzz lately with whispers and shouts about pending cybersecurity regulations, frameworks, and requirements. This attention is not particularly surprising, especially given the recent high-profile data breaches, the litigation threats surrounding those breaches, the recent identification of the encryption-disabling, consumer data threatening “Heartbleed SSL” OpenSSL vulnerability, and recent reports that […]
By Securities Docket on April 23, 2014, 8:15 am
Canada’s new finance minister said on Tuesday the creation of a national securities regulator will be a priority under his watch as he draws on his experience in banking and as a provincial capital markets watchdog. via Canada’s Oliver says common securities regulator a priority | Reuters
By Securities Docket on April 22, 2014, 4:27 pm
The Heatbleed catastrophe has dramatically revealed that our current system of Internet security is primarily based on an open source software called OpenSSL. Heartbleed has shown that the whole security of the Internet can depend on one unpaid volunteer like Segglemann, a lone PhD student in Münster, Germany, who had nothing better to do on New […]
By Securities Docket on April 22, 2014, 2:02 pm
High-profile data breaches at retailers such as Target, Neiman Marcus and Michaels brought the sorry state of corporate cybersecurity into sharp focus last year as millions of customers found the data they had entrusted to companies had fallen into the hands of cybercriminals. But are you ready for the bad news? It is likely to […]
By Securities Docket on April 22, 2014, 2:00 pm
Too often, issues of cyber security are left until after a transaction is complete – a question of integration, not value. This is a mistake. A cyber breach could easily have a material impact on the value of a company, which means it is far too late to leave this for the IT team during […]
By Securities Docket on April 22, 2014, 1:57 pm
It’s just that — greed — that attracts cyber criminals to retailers. The nature of your business puts dollar signs in their eyes. No matter if you sell groceries or luxury goods, you’re unfortunately appealing prey, and this is unlikely to change. Your business is dependent upon processing a tremendous volume of personally identifiable information […]
By Securities Docket on April 22, 2014, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for April 21, 2014.
By Securities Docket on April 21, 2014, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for April 20, 2014.
By Securities Docket on April 21, 2014, 8:05 am
In yet another example of a cyber security breach, the EA server was recently hacked, and its website was used to host a phishing site intended to steal Apple IDs. Unfortunately, such online security breaches are becoming more common as hackers take advantage of vulnerable servers with inadequate security measures. How can companies protect against […]
By Securities Docket on April 20, 2014, 9:48 am
Twenty years after it embraced the internet, China has become a cyber giant, but a weak one vulnerable to a skyrocketing number of threats. Since China formally became a member of the global internet club on April 20, 1994, internet users had grown to 618 million at the end of last year, the largest number […]
By Securities Docket on April 20, 2014, 9:43 am
Michaels has confirmed that credit and debit card information was stolen from 3 million customers who shopped at some of its stores during an eight-month period. via Michaels says 3 million customers hit by data breach – The Washington Post