Data Security & Privacy

Hewlett-Packard to Buy Arcsight for $1.5 Billion Highlights Valuation in Data Security

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  On Monday, September 13, 2010, Hewlett-Packard Co., announced that it will pay $1.5 billion dollars for security software company Arcsight, Inc.  The $43.50 per share in cash offer represents a 24 percent premium to Arcsight’s closing price on Friday, September 10, 2010.  The $1.5 billion dollars H-P has offered is 6.6 times higher than Arcsight’s expected 2011 fiscal […]

Data Security & Privacy

iPad Users’ Accounts Gets Hacked Says AT&T, Highlights Data Vulnerabilities

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  The New York Times reported today that "a group of hackers said Wednesday that it had obtained the e-mail addresses of 114,000 owners of 3G Apple iPads, including those of military personnel, business executives and public figures, by exploiting a security hole on AT&T’s Web site."  As access to information becomes more expansive throughout the consumer world, corporations are […]

Data Security & Privacy

State of Washington Governor Signs New Data Security Law

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The Insurancejournal.com reported that "Washington Gov. Christine Gregoire has signed legislation into law that encourages financial institutions to comply wtih that data security requirements — or face potential liability if a data breach occurs.  According to bill text of HB 1149, ‘Protecting Consumers from Breaches of Security,’ the [S]tate recognizes that breaches of credit and […]