The 21st Century is often referred to as the information age; the developing global marketplace has contributed to the entrance of new cultures and economies into the competitive global economy. Due to globally available infrastructure and the development of global telecommunication/computing capabilities, it has enabled individuals, companies and countries to compete globally on a level playing field with traditional Western powers even from some of the most remote parts of the world. Unfortunately this has also created conditions in which the threat of corporate espionage has been rapidly proliferating due to the ease threat actors can ply their trade both through physical and virtual actions against U.S. corporations.
Coca-Cola is facing a potential class-action lawsuit after one of the people whose personal data was on one of a clutch of laptops stolen from the company says he suffered identity theft as a result of the breach.
Only 45 percent of consumers have changed an online password or PIN code in the past year after learning of data breaches; 15 percent made fewer online purchases on mobile devices; and 28 percent shopped less frequently at a retailer that had suffered a data breach.
The U.S. Postal Service is the latest victim in a busy year of data breaches. Data from 750,000 employees and retirees, as well as information from 2.9 million postal service customers, has been affected.
Data security used to be relatively simple. Office buildings and areas within them presented clear “perimeters” that companies could protect with locks, alarms, and if necessary, searches of belongings.
Ground chuck and filet mignon are two very different types of beef. Ground chuck is priced for everyday meals. Filet mignon, however, is a luxury cut, prized for its tenderness with a price tag to match. Beef may be what’s for dinner, but what kind clearly matters to the consumer.
Target Corp. appointed Jacqueline Hourigan Rice, a former General Motors executive, to be chief risk and compliance officer and a senior vice president.
