Blog Posts Tagged with "Consumers"

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Top Ten Dangerous Internet User Behaviors

July 26, 2011 Added by:Headlines

Call it laziness, or perhaps an unjustified feeling of immunity - the "that will never happen to me" syndrome. Ether way, all the efforts of security experts and vendors are regularly being undone by the risky actions of end-users, and the cyber crooks are capitalizing on this fact...

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UK Cabinet Office Report: The Cost of Cyber Crime

July 26, 2011 Added by:Headlines

The report indicates that, at a total estimated cost of £21bn, over three-quarters of the economic impact of cyber crime in the UK is felt by business. In all probability, and in line with worst-case scenarios, the real impact of cyber crime is likely to be much greater...

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Capitalizing on Privacy Practices

July 22, 2011 Added by:David Navetta

Businesses that put privacy into the design of their products and services are less likely to face consumer and regulatory backlash. Businesses may benefit in another way from protective privacy practices - this recent study indicates that it may be leveraged as a selling point...

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Not All Free Identity Theft Services are Created Equal

July 20, 2011 Added by:Kelly Colgan

In order to sign up for identity theft protection services, you have to hand over a lot of vital data about yourself. Do you really want to give this to a company you’ve never done business with before—especially one that’s offering you something for free?

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How to Inform Customers of a Data Breach

July 14, 2011 Added by:Kelly Colgan

The news is bad: Your company suffered a data breach. Don’t make it worse by sending out a confusing, overly technical or outright alarming letter to your customers. The goal is to inform, educate and reassure your customers, not bore or scare them...

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Six Tips to Protect Your Personal Data After a Breach

July 11, 2011 Added by:Brian McGinley

Data breaches are an everyday occurrence affecting millions of Americans each year. Just ask crafters who shop at Michael’s Stores, Sony PlayStation Network gamers, and investors at Morgan Stanley. They’re all vulnerable to identity theft because their information (PII) was exposed...

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What to Do When You Get a Data Breach Letter

July 07, 2011 Added by:Kelly Colgan

A day doesn’t go by when we read news of a data breach at a major company, healthcare facility or financial institution. Epsilon, Sony and now Morgan Stanley, are a good examples. What do you do when a data breach notification letter lands in your mailbox? The short answer: Don’t panic...

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Data Breaches Are Up While Lost Records Are Down

July 06, 2011 Added by:Robert Siciliano

There are now multiple breach lists, and not all define a data breach the same way. According to the Identity Theft Resource Center, there were at least 662 data breaches in 2010, which exposed more than 16 million records. Nearly two-thirds of breaches exposed Social Security numbers...

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Morgan Stanley Reports Customer Data Breach

July 06, 2011 Added by:Headlines

"The sensitive information on the password-protected CD-ROMs included names, addresses, Social Security numbers, Morgan Stanley Smith Barney account numbers and income earned on tax exempt bonds or funds you hold or held in 2010..."

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Hey You, Get Off of the iCloud

June 28, 2011 Added by:Kelly Colgan

Recent cloud-based data breaches have solidified the notion of cloud-insecurity in the consumers' mind. My concern with the iCloud is that Apple, which has mastered the art of slick marketing, could make the American consumer a whole lot less skeptical, and a whole lot less secure...

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Citigroup Lost $2.7 Million in May Hacker Attack

June 27, 2011 Added by:Headlines

Officials from the banking giant now assert that $2.7 million was stolen from about 3,400 accounts in the May attack. Citigroup immediately reported the security incident to law enforcement and regulatory authorities, but waited about three weeks before notifying affected customers...

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Get Digitally Secure Before it’s Mandatory

June 17, 2011 Added by:Robert Siciliano

It is possible to secure systems against most cybercrime but that level of security often proves too inconvenient for consumers. As long as banks continue absorbing losses from fraud, consumers remain blissfully ignorant of the consequences of inadequate security...

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Citigroup Reveals More Compromised Client Accounts

June 16, 2011 Added by:Headlines

"The customers' account information (name, account number and contact information, including email address) was viewed. However, data that is critical to commit fraud was not compromised: the customers' social security number, date of birth, card expiration date and card security code..."

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Legislation to Require Mandatory Breach Reporting

June 14, 2011 Added by:Headlines

“You shouldn’t have to cross your fingers and whisper a prayer when you type in a credit card number on your computer and hit ‘enter.’ E-commerce is a vital and growing part of our economy. We should take steps to embrace and protect it – and that starts with robust cyber security..."

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The Citigroup Breach and Tips for Secure Online Banking

June 13, 2011 Added by:Headlines

The Citigroup breach is considered one of the very few successful hacks against a major banks systems, and underscores the need for continued vigilance by financial institutions and their clients where security best practices are concerned...

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Seventy-Seven Percent of Organizations Lost Data

June 09, 2011 Added by:Headlines

“With hundreds of data loss incidents every year – both reported and unreported – it’s no surprise the issues with governance, risk and compliance are being magnified. Data security in a modern day world means more than deploying a set of technologies to overcome these challenges..."

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