It's clear that major data breaches have become not just a topic of mainstream news, but they're occurring with such frequency and potential devastation that they're almost deserving of a 24-hour news desk.
The House Subcommittee on Commerce, Manufacturing and Trade heard from Sony and Epsilon about breaches that adversely affected consumer information. Both companies support a national data security and breach notification law.
Payment card fraud. ACH and wire transfers. ATM skimming. And especially insider crimes. These are among today's top information security threats to institutions, says banking regulator Gigi Hyland in an exclusive interview.
The National Strategy for Trusted Identities in Cyberspace (NSTIC), a government-private sector initiative, could enhance efficiency, security and privacy in all the transactions done online every day, says NIST's Jeremy Grant.
Organizations looking to improve their privacy management in the event of a breach "have to continually plan and prepare," says Nationwide's Chief Privacy Officer Kirk Herath. That means putting into writing a comprehensive plan.
Lockheed Martin, the country's largest military contractor, is investigating the root of a "significant and tenacious" attack against its information network. Could this attack be linked to the RSA SecurID hack earlier this year?
Many organizations are unprepared to adequately respond to a breach, security expert Bob Chaput says. "Breach notification planning is just a fundamental, basic part of risk management in the new millennium," he adds.
The recent Sony and Epsilon breaches sent a strong reminder that companies lack transparency and aren't prepared to respond to a breach once it occurs, says Kirk Herath, Chief Privacy Officer at Nationwide Insurance Companies.
"Ethical hacking" - is the term an oxymoron, or is it one of today's necessities in the fight against cybercrime? Jay Bavisi, president and co-founder of the EC Council, feels strongly about why we need ethical hackers more today than ever before.