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By Securities Docket on August 28, 2015, 6:28 pm
Hackers have funneled $1.2 billion out of companies’ accounts since October 2013, the FBI reported. Using an increasingly common scam called “business email compromise,” hackers will pose as CEOs of companies and ask employees to hand over confidential financial information. via Hackers stole $1.2 billion from 7,000 businesses in 2 years – CNNMoney.
By Securities Docket on August 28, 2015, 5:16 pm
With a federal appeals court this week reaffirming the Federal Trade Commission’s regulatory authority of data security practices, the question now becomes: Just how powerful will the agency become in overseeing matters of privacy and cybersecurity? via Why industry groups are wary of stronger FTC cybersecurity oversight – CSMonitor.com
By Securities Docket on August 28, 2015, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for August 27, 2015.