The latest Verizon Data Breach Investigations Report is out, and the good news is: The number of compromised records is down. The troubling news is: The number of breaches is up. Bryan Sartin, one of the report authors, explains why.
As details about the Epsilon e-mail breach unfold, the list of affected companies grows, including major banks and merchants. Here is the latest list of the companies known to have been impacted by the incident.
The Social Security Administration sold the information in a database of deceased individuals that erroneous contained the Social Security numbers, dates of birth, full names and ZIP codes of living people, the inspector general reports.
Superior Bank, a $3 billion institution based in Birmingham, Ala., was closed on Friday, April 15. It was the largest of six banks to fail this week. Additionally, two credit unions were placed into conservatorship.
It's been over three months since the accidental disclosure. When will the final FFIEC authentication update be released? "I don't think we're any less safe," says Gartner's Avivah Litan. "We just need to step up enforcements."
Gigi Hyland, board member of the National Credit Union Administration, says the latest draft of authentication guidance is awaiting final signoff from just one member agency of the Federal Financial Institutions Examination Council.
"Although we have made good progress in creating information sharing entities, to share information securely and efficiently, we have not adequately tackled the critically important issues associated with the timeliness and completeness of information," Financial Services Sector Coordinating Council Chair Jane Carlin...
Sens. John Kerry and John McCain introdcued legislation that would balance individual privacy rights while allowing businesses to collect consumer information that could be used to market products and services.