Article archive

How closely is the board paying attention to cyber risks? By STEVEN P. BLONDER

19/04/2014 09:02
Bboard members should not expect a free pass. The reputation damage and soft costs from a data breach can be immeasurable. Board members can face liability, either for taking an action or failing to take action. As business becomes increasingly driven by technology on all levels, corporate...

How Marketers Should Prepare for and Communicate a Data Breach by Craig Swerdloff

30/03/2014 11:16
  Incidents of data theft are on the rise, as are the costs associated with them. A 2012 survey conducted by the National Cyber Security Alliance and McAfee found that one in four Americans had been officially notified that key elements of their personal information had...

Where next for the new EU data protection regulation? by Stewart Room

25/03/2014 22:24
The new European Union data protection regulation to replace the outdated 1995 directive will not be finalised before May's European Parliament elections.  The council of ministers’ lawyer is challenging the “one stop shop” principle, which is a major setback for the European Commission and...

Companies Turn to Cyber Insurance as Hacker Threats Mount

23/03/2014 17:15
By Matt Egan Published March 20, 2014 FOXBusiness Investors cringe when a company they own, such as Target (TGT) or Las Vegas Sands (LVS), suffers a cyber breach that results in the loss of customer or employee data. The...

The Big Issue Marketers Don't Want to Discuss, But They Must by Bryan Eisenberg

18/03/2014 22:16
It sounds like IT, not marketing! Data breach, identity protection, customer security – these are terms that never concerned marketers much. The breaches that retailers Target, Neiman Marcus, Zappos, and other brands like Evernote, Living Social, LinkedIn, and Adobe suffered have impacted the way...

Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It

14/03/2014 03:30
  By Michael Riley, Ben Elgin, Dune Lawrence, and Carol Matlack  March 13, 2014 The biggest retail hack in U.S. history wasn’t particularly inventive, nor did it appear destined for success. In the days prior to Thanksgiving 2013, someone installed malware...

Into the Breach by Michael P.Voelker

02/03/2014 06:54
New risks and high-profile data breaches have more companies looking to buy cyber liability coverage in a market that's giving them more bang for their cyber buck.   On Dec. 23, the last thing holiday shoppers at Target wanted to be thinking about was having their credit-card information...

Boeing Black: This smartphone will self-destruct.. by Alwyn Scott

01/03/2014 20:40
  (Reuters) - Boeing Co (BA.N) on Wednesday unveiled a smartphone that appears to come straight from a James Bond spy movie. In addition to encrypting calls, any attempt to open the casing of the Boeing Black Smartphone deletes all data and renders the device...

Lucky for Target, the company had insurance by David Gura

27/02/2014 04:46
Joe Raedle/Getty Images Target store is seen on December 19, 2013 in Miami,...

Target hack strips banks and credit unions of $200M. By Dara Kerr

23/02/2014 20:09
The widespread security breach reportedly compromised 40 million credit and debit cards, which are costing banks a pretty penny to reissue. Not only were as many as 110 million Target customers affected by the massive hack on the retailer in December, but banks have also had to deal with the...
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