Zappos was quick to communicate after discovering a data breach impacting 24 million customers. But did the online retailer respond appropriately, or make some missteps in its haste to notify? Francoise Gilbert of the IT Law Group gives a mixed review.
Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
A breach is a disaster, says business continuity specialist Ken Schroeder. So organizing an effective breach-response team does not require a reinvention of the wheel. What it does require is a holistic approach.
Save Mart, the Modesto, Calif.-based grocery chain, now confirms that skimming devices are to blame for the data breach believed to have exposed hundreds of consumer accounts to debit and credit card fraud.
Edward DeMarco Jr. of the Risk Management Association understands the regulatory challenges financial institutions will face in 2012. But to overcome those hurdles, improved communication is needed across the enterprise.
Breaches have an adverse impact on the fundamental operations of a business or government and without fully understanding that, executives and managers cannot smartly run their operations successfully.