The New York Times reported today that the recovery expenses for Sony, Corp., related to its hacking incident this past April will likely exceed $173 million U.S. dollars. This announcement coincides with the Company’s decision to promote Mr. Andrew House to the position of president and chief executive of Sony Computer Entertainment. This position was once held […]
On Wednesday night, the Washington Technology Industry Association (WTIA), Security Community, hosted an event at the Attachmate offices in downtown Seattle, WA, on one startup companies experience with the Amazon Web Services (AWS) cloud outage of April 21, 2011. Jeff Malek, co-founder of the Seattle-based virtual economy platform BigDoor Media, Inc., did a post-mortem presentation […]
This week, online hacker group LulzSec posted, on an open Internet forum, that they have declared “open season” on virtually (no pun intended) all government and corporate websites around the world. The group, along with its loosely affiliated partner Anonymous, are encouraging hacktavists to post any acquired mission-critical information of targeted organizations to its Internet websites for public […]
As more and more companies are falling victim to cyber-attacks, the concept of an incident, or breach, response plan has become very pertinent to corporate leaders. When Epsilon Data Management was hacked into last March, CEO Bryan Kennedy decided to notify all of its important customers within 48 hours of the breach, even though he […]
In my prior blog post, I opined that the Citi Bank data breach, which left over 200,000 credit card holders personal information exposed, was more about the overall culture of compliance within CitiBank than the technology employed internally by the company. As it turns out, a team of security experts has determined that CitiBank officials simply left […]
The other day it was announced that Citi Bank was once again victim to data theft when it was reported that over 200,000 credit card holders may have had their personally identifiable information exposed in an unauthorized manner to hackers. This latest breach is just another recurring role in the endless saga of “bank gets […]