Business Law

Lack of Internal Processes ‘Choked’ Nortel Networks Ability to Prevent Decades of Hacking

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A report by The Wall Street Journal today highlights the lack of attention corporate executives at the telecom device-maker, Nortel Networks, paid towards internal controls after it was discovered that, for over a decade, their corporate infrastructure had been illegally infiltrated by foreign agents.  As early as 2000, hackers apparently obtained the passwords of seven top officials […]

Business Law

Sony Suspends User Accounts After ‘Suspicious Activity’ on PlayStation Network

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In what may become the “straw” that broke the brand reputation to Sony, Corporation’s, PlayStation Network, the company announced on Wednesday that it was forced to suspend around 93,000 user accounts after discovering a significant number of unauthorized sign-in attempts.  The latest suspension comes just 6 months after Sony was hit by a cyber-attack on its […]

Business Law

U.S. Government Dragnet and U.K. Questioning of Murdochs Highlights Lack of Organizational Governance

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Tuesday, July 19, 2011, will become a red-letter date in the world of cyber-security.  While the British government was busy ‘undressing’ media mogul Rupert Murdoch for his company’s role in the hacking scandal that has rocked the U.K., the U.S. government on Tuesday launched a nationwide dragnet against “hacktivists” who are operating within the jurisdiction of the United States. […]