Data Breaches

Forrester discloses that it suffered a cyber-security incident, though no confidential information was apparently stolen. Forrester Research announced that it was the victim of a cyber-attack. According to the firm, the attack had limited impact, with no evidence that confidential client data had been stolen.  According to Forrester Research’s preliminary investigation, attackers were able to gain access to Forrester.com content ... Read More »

Potentially impacted U.S. consumers increased by 2.5 million Equifax Inc. (EFX) (NYSE: EFX) announced today that the cybersecurity firm Mandiant has completed the forensic portion of its investigation of the cybersecurity incident disclosed on September 7 to finalize the consumers potentially impacted. “I was advised Sunday that the analysis of the number of consumers potentially impacted by the cybersecurity incident has been ... Read More »

The Australian arm of credit analytics firm Equifax has sought to distance itself from a major cyber security crisis engulfing its US parent, which could see the personal data of tens of millions of people compromised. “Please be assured that we have found no evidence that personal information of consumers in Australia or New Zealand has been ­affected by the ... Read More »

The shifting landscape in cybersecurity and data protection regulations across the region is a very hot topic.  Asia as a region has lagged behind Europe, in particular, in terms of the development of updated data protection laws. The last few years have seen a real rapid pace of development in this area. We’ve actually had a number of jurisdictions — ... Read More »

Latest Equifax commentary: “Last Thursday evening we announced a cybersecurity breach potentially impacting 143 million U.S. consumers. It was a painful announcement because of the concern and frustration this incident has created for so many consumers. We apologize to everyone affected. This is the most humbling moment in our 118-year history. Equifax Security first discovered the intrusion on July 29. Understandably, ... Read More »

On May 25, 2018, the European Union’s (EU) General Data Protection Regulation (GDPR) will take effect throughout all European Union member states. GDPR is a new regulation by which the European Commission intends to strengthen and unify data protection for individuals whose data is managed by organisations within the EU and for EU resident data worldwide. In short, every country ... Read More »

Equifax on Friday blamed a flaw in the software running its online databases for allowing hackers to steal the personal information of as many as 143 million Americans, according to an article in The Post. Hackers were able to access the info — including Social Security numbers — because there was a flaw in the open-source software created by the Apache ... Read More »

Breach exposed Social Security and credit card numbers ‘Clearly a disappointing event for our company,’ CEO says Equifax Inc. said its systems were struck by a cyberattack that may have affected about 143 million U.S. individuals.  Hackers accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers, Equifax said in a statement. Credit card numbers for about 209,000 consumers ... Read More »

Experian launches IdentityWorks(SM), a comprehensive product to detect, protect and resolve identity theft and fraud; survey underscores consumer need News of data breaches and the risks of identity theft and fraud persist, but consumers’ vigilance and awareness haven’t kept pace. A national survey by Experian, the world’s leading global information services company, revealed that not only is America’s collective guard down, ... Read More »

75% of Organizations Will Struggle to Meet EU GDPR Regulations by Deadline, Survey Finds Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, released findings today from an independent survey probing attitudes towards the EU General Data Protection Regulations (EU GDPR), due to come into effect one year from today. The survey, which polled ... Read More »

There have been many high-profile bank breaches in the news of late, and much of the blame has been laid on these institutions’ legacy operating systems, and their inability to cope with new forms of cyber-attacks, including breaches. However, a bigger security flaw may in fact come from another source. Data breaches are on the rise in financial services (FS): ... Read More »

Large-scale data breaches have become so common that even tens of millions of records leaking feels unremarkable. One frequent culprit that gets buried beneath the headlines? Poorly secured databases that connect directly to the internet. While companies commonly use these databases to store tempting troves of customer and financial data, they often do so with outdated and weak default security ... Read More »

The German government registered 82,649 cases of computer fraud, espionage and other cyber crimes in 2016, as compared to 2015 statistics of 45,793, an increase of just over 80 percent from 2015.  The German Interior Minister Thomas de Maiziere released the new statistics, as part of the government’s annual crime report on Monday April 24, 2017.  Only 38.7% of the ... Read More »

The event is sold out!    The registration is now closed!  Venue: The Okura Prestige Hotel, Bangkok Thailands October 18, 2017: 13:00 hrs:  Registration opens 17:00  hrs: Membership meeting.  Full Members only! 18:00 – 20:00 hrs:  Welcome reception.  All attendees are invited October 19, 2017,  09:00 hrs:  The main conference sessions will commence.  Digitization and technology will be the opening ... Read More »

Payday lender Wonga has suffered a data breach that has exposed names, e-mail addresses, home addresses, phone numbers, the last four digits of card numbers, bank account numbers and sort codes. The ICO has confirmed that it has received a breach notification and is investigating the matter. A spokesperson for Wonga said: “Wonga is urgently investigating illegal and unauthorised access ... Read More »

Data breaches are an enterprise problem involving legal counsel, human resources, corporate communications and other incident response (IR) stakeholders, say Verizon. This is based on Verizon’s Data Breach Directory (DBD) case files that provide most of the data for its Data Breach Investigations Report (DBIR), and the latest report lists the 16 most common or lethal data breach scenarios from the point ... Read More »