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Home » Topics » Cybersecurity » Cybersecurity News

Cybersecurity News
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Neiman Marcus Reports CyberSecurity Breach

January 11, 2014

Retailer Neiman Marcus said that thieves stole some of its customers' payment card information and made unauthorized charges over the holiday season.

Ginger Reeder, spokeswoman for Dallas-based Neiman Marcus Group Ltd., said in an email that the retailer had been notified in mid-December by its credit card processor about potentially unauthorized payment activity following customer purchases at stores, said AP. On Jan. 1, a forensics firm confirmed evidence that the upscale retailer was a victim of a criminal cyber-security intrusion and that some customers' credit and debit cards were possibly compromised as a result, said AP.

Reeder wouldn't estimate how many customers may be affected but said the merchant is notifying customers whose cards it now knows were used fraudulently. Neiman Marcus, which operates more than 40 upscale stores and clearance stores, is working with the Secret Service on the breach, said AP.

"We have begun to contain the intrusion and have taken significant steps to further enhance information security," Reeder wrote.


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Sen. Leahy Reintroduces Data Privacy Legislation

January 10, 2014

Citing the Target data breach, Senator Leahy of Vermont reintroduced the Personal Data Privacy and Security Act, which would "establish a national standard for data breach notification, and require American businesses that collect and store consumers’ sensitive personal information to safeguard that information from cyber threats."


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Target Security Breach Grows to 70 Million

January 10, 2014

Target announced that its data breach last year affected 70 million compared to the original number of 30 million.


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Firm Sues Bank over Cyberheist

January 9, 2014

A California escrow firm that was forced out of business last year after a $1.5 million cyberheist is now suing its former bank to recoup the lost funds.


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Senior Managers Pose Greatest Risk to Cyber Security

January 8, 2014

A new study shows senior managers account for some of the greatest security risks because they are prone to take work, and thus security vulnerabilities, home with them.


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Class Action Lawsuit Filed Against Target for Data Breach

January 8, 2014

A Utah law firm has filed a class action lawsuit against Target, alleging the retailer owes no less than $5 million in damages for its recent data breach.


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Cyberattacks Advance to Top of Terror Threat List, Defense Leaders Say

January 6, 2014

Defense officials see cyberattacks as the greatest threat to U.S. national security, a survey released Monday says. Forty-five percent of respondents to the Defense News Leadership Poll named a cyberattack as the single greatest threat – nearly 20 percentage points above the second ranked threat: terrorism.


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Measuring the CISO's Evolving Sphere of Influence

They are the executives who control information security issues in an enterprise and are responsible for securing anything related to data.
diane-2016-200.jpg
Diane Ritchey
January 6, 2014

The Chief Information Security Officer (CISO) not only protects IT systems with special hardware, software and secure business processes, but he or she also creates, implements and communicates the organization’s digital information security policies and procedures.


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Updating Cyber Threats on the Radar for 2014

Small business doesn’t necessarily mean small data.
January 6, 2014

Small business doesn’t necessarily mean small data. In fact, according to Michael Bruemmer, vice president at Experian Data Breach Resolution, thieves prefer to target small- to medium­–sized businesses (SMBs) because many lack the resources or expertise to manage cybersecurity. Retailers are especially easy targets for cybercriminals who look to hijack credit card data, but customers aren’t the only victims.


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How to Reduce the Insider Cyber Threat

To best protect your company against internal abuse, it is helpful to understand the nature of the threat and to consider applying risk-based approaches to address the problem.
Chabinsky-2016-200px.jpg
Steven Chabinsky
January 6, 2014

Let’s start with the good news. Malicious insider activity is relatively rare. Unfortunately, even though outsiders account for 85 percent of cybersecurity incidents, the damage often is substantially greater when an insider strikes.


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