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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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…
Read MoreBusiness owners may want to rethink cyber liability coverage
The age of technology brings with it risks that have never been faced before. As more businesses adopt technology and become ever integrated with it, they must protect themselves from malicious attacks. The concept of “cyber crime” has, in previous years, been of little concern. Companies both large and small have fallen prey to hackers but they often recover and improve their security methods. However, the recent and continuous attacks against tech giant Sony have spawned a new wave of concern amongst the world’s businesses. Now, protection from the very…
Read MoreSony gets hacked in latest ring of cyber crimes
Sony Corporation’s computer system is the recent prey of the latest attack launched by unscrupulous hackers. The group LulzSec claimed responsibility of the recent attacked. The incident proved that even Giant electronic companies like Sony are also vulnerable to different types of security infringements like hacking. LulzSec is the same group that also claimed to have made the attacks on world renowned television networks like Fox.com and U.S. PBS television. The server of electronic giant, Sony is its latest prey. LulzSec claimed it successfully hacked the server running the websites…
Read MoreCongress wants to take a bite out of cyber crime
It is possible that the U.S. could see the first strategic, cybersecurity law proposed, being up for a vote in Congress. No administration has ever suggested a major law, outlining specific plans for increasing computer security for citizens, businesses and government entities. An investigative report shows that data breaches reached an all time high last year, with more than 760 breaches. This may not sound too bad, but the number of affected records from that 760, equaled over 4 million. Cyber criminals have adapted to most types of security applications…
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