U.S. Commerce Department Seeks Internet Code of Conduct

The U.S. Commerce Department has issued a report that states that companies doing business over the internet should be bound by a code of conduct that will help to minimize online theft and hacking behaviors.   Recommendations made by the department included enhanced identity authentication, as passwords and login information are currently easily and regularly hacked and stolen.  The department also encouraged the use of cutting edge technologies that help to make certain that when web users enter a URL into their browsers, they will actually be brought to that domain…

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Cyber insurance premiums rise while...
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Hackers access account info in Citibank network breach

Citigroup Inc. has announced that the information to connected to 200,000 North American cardholder accounts has been accessed by hackers when they breached the bank’s network in May.  According to Citigroup, the breach was detected in early May and allowed the hackers to view the names, contact information, and account numbers of customers.  However, it assures customers that other forms of personal information, such as social security numbers, birthdates, as well as the card security codes (CVV) and expiration dates of the cards were not revealed. This cyber attack is…

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