Thursday, May 30, 2013

Proxy research firm settles charges with SEC over client breach

Institutional Shareholder Services (ISS), a research firm the advises clients on voting in proxy fights, must pay $300,000 to the U.S. Securities and Exchange Commission (SEC) to settle charges that it failed to protect client information due to access control shortfalls. Source: SC Magazine

Wyndham Hotels court battle over FTC data security authority heats up again

The Federal Trade Commission (FTC) has filed fresh documents asking a U.S. District Court in New Jersey to reject a hotel chain's motion to dismiss a complaint filed against it following multiple data breaches. Source: SC Magazine

Friday, May 17, 2013

Almost half of employees admit to bypassing security controls

Almost half of all employees in a recent survey admitted to bypassing security regulations in order to get their job done. Source: Infosecurity Magazine

Administrative error exposes personal data of 10,200 neurology patients

A New York State medical practice mistakenly emailed the personal information of several thousand patients to other individuals it was treating. Source: SC Magazine

Four Out Of Five Businesses Have Little Or No Visibility Of Data Movement

Survey reveals that companies are failing to adequately monitor the movement of company data and files within and external to their organization. Source: Dark Reading

Thursday, May 9, 2013

Data breaches loom in the face of business transformation

The move to cloud applications, ever-present mobility, Big Data and an escalating set of complex cyber-attack vectors and malware are all conspiring to overwhelm security professionals, leaving the door for many businesses wide open to data breaches. Source: Infosecurity (USA)