3.3 million student loan records pilfered

Data on 3.3 million borrowers was stolen from a nonprofit company that helps with student loan financing.The theft occurred on March 20 or 21 from the headquarters of Educational Credit Management Corp. (ECMC),

Published on: March 30th, 2010 Jeremy Kirk

Family weeps as TJX hacker gets 20 years in slammer

As his parents and sister silently wept, hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the

Published on: March 29th, 2010 Nancy Weil

Doing business in the cloud

Cost savings are attracting many small and medium sized businesses to hosted computing services and the social networking space, but are SMBs heading for the clouds blindly?In the rush to adopt the technology,

Published on: March 29th, 2010 Nestor Arellano

Ontario privacy commissioner admonishes Facebook

Ontario's Information and Privacy Commissioner Ann Cavoukian has harsh words for those not making privacy a priority -- namely Facebook and public organizations in Ontario that neglected to encrypt sensitive data.Facebook failed to

Published on: January 29th, 2010 Brian Jackson

$6.75 million – the cost of a data breach in 2009

The cost of a data breach increased last year to $204 per compromised customer record, according to the Ponemon Institute's annual study. The average total cost of a data breach rose from $6.65

Published on: January 26th, 2010 Ellen Messmer

5 most notorious data breaches of 2009

If there was anything even vaguely comforting about the data breaches that were announced this year, it was that many of them stemmed from familiar and downright mundane security failures. Companies continued to

Published on: December 18th, 2009 Jaikumar Vijayan

Judge throws out data breach lawsuit saying no harm was done

A federal court in Missouri has thrown out a consumer class-action lawsuit that was brought against pharmacy benefits company Express Scripts over a 2008 data breach in which millions of customer records were

Published on: December 7th, 2009 Jaikumar Vijayan

1.5 million insurance customers’ personal data lost in breach

A hard drive with seven years' worth of personal financial and medical information on about 1.5 million customers of Health Net of the Northeast Inc. was reported missing to state officials yesterday --

Published on: November 23rd, 2009 Lucas Mearian

Average cost of a lost business laptop is $49,000

About fifteen years ago, my husband and his colleague had their laptop computers stolen out of a car. They were fearful of reporting the incident to their boss, largely because the laptops had

Published on: November 6th, 2009 Linda Musthaler

Judge rightly rejects ridiculous offer in privacy breach case

I was pleasantly surprised when I read that a judge refused TD Ameritrade Holding Corp's laughable settlement offer for the compromise of millions of accounts. TD Ameritrade's proposed settlement would have done nothing

Published on: November 3rd, 2009 Ira Winkler

Court orders spammer to pay Facebook $711 million

Facebook was awarded $711 million in damages from a convicted spammer on Thursday, but the social networking site is hoping a separate criminal action will eventually send him to jail. Sanford Wallace was

Published on: November 2nd, 2009 Jeremy Kirk and Esther Schindler

Hackers breach online payroll service, steal customer login info

In a somewhat unusual data breach, hackers recently stole the login credentials of an unknown number of customers of payroll processing company PayChoice Inc., and then attempted to use the data to steal

Published on: October 5th, 2009 Jaikumar Vijayan

Heartland hackers stole 130 million credit and debit card numbers

This week's disclosure that the huge data thefts at Heartland Payment Systems and other retailers resulted from SQL injection attacks could finally push retailers into paying serious attention to Web application security vulnerabilities,

Published on: August 20th, 2009 Jaikumar Vijayan

Three ways to protect yourself from a Heartland-style data breach

The United States Department of Justice announced today the arrest of Albert Gonzalez, a 28-year old Miami man, in the largest identity theft prosecution on record. Gonzalez is accused, along with two as-yet-unnamed

Published on: August 19th, 2009 Tony Bradley