Posts Tagged ‘ cyber crime ’

10,000 identity fraud rings discovered in the Southeastern U.S.

Tweet When people hear “identity fraud,” they usually conjure up images of a lone hacker furtively typing on a laptop.  However the reality is identity theft is largely committed by identity fraud rings composed of two or more criminals actively working together.  Currently in the U.S., there are more than 10,000 identity fraud rings and [...][ READ MORE ]

Cyber Security Act of 2012 dies as an executive order is born

Tweet The flickering hope that Congress would pass the Cyber Security Act of 2012 which addressed issues of national cyber security during its current lame duck session has been extinguished as the bill failed in a 51-47 vote.  (In order to pass, the bill needed 60 votes.)  The Defense Department and other key federal agencies [...][ READ MORE ]

Cyber insurance: the risk-reduction remedy some companies want and need

Tweet   Unfettered mayhem, raining down from cyberspace, has birthed the need for new protection few would have envisioned just a few years ago: cyber insurance coverage. As coverage goes, cyber insurance is still a relatively new and emerging option that, despite its newness, is rapidly gaining traction among threat-weary businesses in every sector—healthcare, in [...][ READ MORE ]

Password management

Tweet Our guest blogger this week is Karen Barney of the Identity Theft Resource Center (ITRC). The rise of online functionality and connectivity has in turn given rise to online security issues, which create the need for passwords and other defenses against information theft.  Most people today have multiple online accounts and accompanying passwords to [...][ READ MORE ]

The compliance risks of social media

Tweet Organizations are adopting social media tools within their networks at increasing rates, yet the legal and compliance risks are often not fully understood or addressed.  A recent Forrester report noted that more than half of security decision-makers and influencers at enterprises reported that they were “concerned” or “very concerned” about the inability to meet [...][ READ MORE ]

Students and cyber defense

This vulnerability, combined with the fact that stealing personal information from minors can go undetected for years, is just part of the reason why minors are 51 times more likely to suffer from identity theft than adults.[ READ MORE ]

Five top trends in security threats

Just as technology is continuously evolving, so are the wily ways in which fraudsters circumvent the safeguards for changing technologies. Symantec’s study Internet Security Threat Report offers a review of where cyber thieves are finding new opportunities and, accordingly, where experts believe the thorniest security trouble spots lie. [ READ MORE ]

‘Tis the season for data privacy

As our world becomes ever smaller and more networked, Data Privacy Day provides information to consumers about the ways in which personal information is collected, stored, used and shared. The international privacy promotion also helps businesses understand the laws and regulations to which they’re subjected and offers guidance about how to best shield themselves from risks. [ READ MORE ]

Data breaches don’t take a holiday at the arcade

A recent data breach discovery serves as a reminder that even when you’re on vacation, cyber criminals never sleep.[ READ MORE ]

Holiday travel without data leaks

The average value of a lost laptop is $49,246, a number based on several factors: replacement cost, detection, forensics, data breach, lost intellectual property costs, lost productivity and legal, consulting and regulatory expenses. [ READ MORE ]