These arrests also highlight the U.S. vulnerability to crimes involving payment cards with magnetic stripes. "The U.S. is a criminal's playground right now," says John Buzzard of FICO Card Alert Service.
A children's health system is offering free credit monitoring to 1.6 million after the loss of backup tapes. It's the second major breach incident revealed in recent weeks involving lost or stolen backup tapes.
Although the Nationwide Health Information Exchange standards eventually will help pave the way for HIEs to share information, security risks related to the "weakest link in the chain" must be addressed, says consultant Patti Dodgen.
President Obama issues an executive order to establish a task force aimed to prevent potentially damaging and embarrassing exposure of government secrets, 10 months after a quarter-million secret diplomatic cables were leaked.
"It should provide fuel for anyone calling for data breach legislation to include criminal sanctions ...," says Neal O'Farrell of the Identity Theft Council. "This was nothing short of a clumsy cover-up."
Ineffective or noncompliant security practices of service providers, the inability of customers to examine controls, the prospect of data leakage and the loss of data if a cloud service is terminated present challenges.
"Organizations are putting in layers of security and tools to safeguard information and assets, however, the fraudsters are attacking our weakest link, the consumer," says Anthony Vitale of Patelco Credit Union.
House Republicans issue their cybersecurity legislative agenda that, in many respects, parallels the goals offered by the Obama administration and Senate Democrats, but it definitely has a GOP tinge to it.