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Not So Smart Grid?

July 14, 2009 Added by:Infosec Island Admin

According to a security researcher, the so-called Smart Grid technology being rolled out accross the country as part of the stimulus bill, may be vulnerable to numerous attacks. According to the researcher, many of the commands that allow the power company to interact with the smart-meters at the user's house (for example) do not require authentication, have no encryption and are ripe fo...

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PCI Auditor Being Sued for Certifiying CardSystems as Compliant

July 13, 2009 Added by:Infosec Island Admin

Savvis is being dragged into court to defend their PCI DDS certification of CardSystems in 2004, which was subsequently responsible for losing a quarter of a million credit card numbers. This is the first of potentially many legal actions against PCI auditors that certified organizations as compliant, when they were subsequently breached and responsible for the loss of consumer cred...

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Google to Build Malware Resistant OS

July 09, 2009 Added by:Infosec Island Admin

According to Google's official Blog, Google plans to extend their Google Chrome browser (considered by most security professionals to be the most insecure browser out there) into a lightweight operating system designed to primarily interact with web-enabled technologies.

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Federal Web sites knocked out by cyber attack

July 08, 2009 Added by:Infosec Island Admin

According to an article by the Assoiated Press, and subsequently the Washington Post, several Government agencies in the US and South Korea were under attack by roughly 60,000 infected PCs across the globe.

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Predictable Social Security Numbers

July 07, 2009 Added by:Infosec Island Admin

According to a story published by the Washington Post today, researchers at Carnegie Mellon University have found that your social security number could be determined just by knowing when and in what zip code you were born in.

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Heartland Regains PCI Compliant Status

May 03, 2009 Added by:Anthony M. Freed

Heartland’s removal from the list of compliant payment processors had followed revelations that the company had suffered what may have been the largest data breach of payment card information to date, although details of the incident have not been made available due to ongoing investigations...

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Payment Card Industry Swallows Its Own Tail

April 01, 2009 Added by:Anthony M. Freed

The greatest threat to the survival of PCI DSS (Payment Card Industry Data Security Standard) may not be the ever-evolving tactics of the criminal hackers, but instead the dysfunctional nature of the relationships between the very parties the standards are meant to serve...

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Visa Puts Heartland on Probation Over Breach

March 13, 2009 Added by:Anthony M. Freed

HPS is now in a probationary period, during which it is subject to a number of risk conditions including more stringent security assessments, monitoring and reporting. Subject to these conditions, Heartland will continue to serve as a processor in the Visa system...

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Marine One Breach Has Winners and Losers

March 01, 2009 Added by:Anthony M. Freed

Billions of dollars are spent on security every year, and it can be trumped by one lapse in judgment. That is a tremendous amount of resources committed to security just to have it undermined by the whim of one individual, and it underscores the precariousness of secure systems...

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Heartland CEO Now Under SEC Investigation

February 26, 2009 Added by:Anthony M. Freed

The investigation may relate to stock trades made by Heartland CEO Robert Carr after Visa notified Heartland of suspicious activity on Oct. 28, 2008. According to insider trade filings, Carr sold just under US$8 million worth of stock between Oct. 29 and the day the breach was disclosed...

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Heartland Update: Reps Respond to Questions

February 01, 2009 Added by:Anthony M. Freed

Heartland first learned of a potential problem from the card associations on October 28th of last year, well after the announcement of this 10b5-1 plan. Heartland categorically denies that Mr. Carr was aware of a potential security breach at the time he adopted his trading plan...

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Heartland Breach Bad As Tylenol Poisonings?

January 25, 2009 Added by:Anthony M. Freed

The company issued statements Friday (1/23) in an effort at damage control in which the CEO compares the potential industry-wide impact of the breach to none other than that of the Tylenol poisonings of some twenty-five years ago that nearly brought down the drug maker...

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U.S.Banks Vulnerable to Sabotage

December 19, 2008 Added by:Anthony M. Freed

Democratic U.S. Rep. James Langevin of Rhode Island, who chairs the homeland security subcommittee on cybersecurity, said: “We’re way behind where we need to be now.” Dire consequences of a successful attack could include failure of banking or national electrical systems, he said...

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