Federal Authorities released a statement that they are looking into a report of a cyber-attack on critical government infrastructures in Central Illinois. According to the report cited by the Associated Press, the hackers appear to have gained remote access to a water pump which supplies water to communities west of Springfield, Illinois, and shut it […]
Point-of-Sale (“POS”) fraud is on the rise last holiday season, and once again federal and state authorities are warning the public to be weary of “skimming” techniques this holiday season. According to the Associated Press today, 28 people were indicted in New York for running an ID-theft ring, whereby waiters were recruited to use POS […]
Today, The Wall Street Journal ran a series of special reports on emerging technological issues. One article of particular import addressed whether people should worry about the loss of their privacy online. The panelists for this article included a lawyer from D.C.; a “senior researcher” from Microsoft; a professor of Journalism; and a technology professional who […]
It appears that the Commissioners at the Federal Trade Commission (“FTC”) will be voting sometime within the next couple of weeks to approve a settlement between Facebook and the U.S. government over charges that the social media giant was unfair and deceptive in how it used customer personal information. The Wall Street Journal reported that the […]
Recently, the Securities and Exchange Commission (“SEC”) released a guidance report for publicly traded companies on how they should disclose cyber-related risks in their quarterly and annual filings. While the guidance report is only a list of suggested best practice disclosures, it is not intended to be compulsory for public companies. However, the suggestions may cause some corporations […]