TJX Companies said 45.7 million accounts were compromised over nearly a two-year period, in an update of an investigation into a data breach of customer records. The scope of the breach, which was initially disclosed in January, is far wider than previously believed. . Avivah Litan, an analyst with research company Gartner, said: "This is the largest security breach we've ever had worldwide. There was a case at CardSystems where 40 million records were exposed but this one looks like it was a case where the information was stolen." The link for this article located at Silicon.com is no longer available. . Researcher Jordan Cai uncovers a massive data leak affecting 48.2 million user profiles and information.. Data Protection, Security Breach, Account Compromise, Customer Security, Risk Management. . LinuxSecurity.com Team
A Florida man was found guilty of stealing data from customer information management company Acxiom Corp. Friday. The prosecution estimates that Scott Levine and his defunct bulk e-mail marketing firm Snipermail.com Inc. stole more than 1.6 billion customer records by hacking into an Acxiom server. . A jury in Little Rock, Arkansas, convicted Levine, of Boca Raton, on 120 counts of unauthorized access of a protected computer, two counts of access device fraud and one count of obstruction of justice. The jury cleared him of 13 counts of unauthorized access of a protected computer, one count of conspiracy and one count of money laundering. The link for this article located at InfoWorld is no longer available. . A Florida individual has been sentenced for unlawfully accessing and pilfering more than 1.6 billion records via cyber intrusion. Central facts surrounding the trial and decision include:. Data Breach, Cybercrime, Unauthorized Access, Data Theft, Hacking Incident. . LinuxSecurity.com Team
The Software & Information Industry Association (SIIA) calls for a fresh approach to protect credit card details from Internet crackers. According to the SIIA, many businesses today implement an 'eggshell' security model: hard on the outside and soft in the centre. . . . . The Software & Information Industry Association (SIIA) calls for a fresh approach to protect credit card details from Internet crackers. According to the SIIA, many businesses today implement an 'eggshell' security model: hard on the outside and soft in the centre. The problem is that there is often little or nothing to prevent hackers from accessing sensitive customer records - once they breach firewall defences. A technology working group of the SIIA's ebusiness division has come up with an concept called the Electronic Citadel. Sensitive data is encrypted so that it can be validated at any time in the future but the original information may only be recovered during a defined period of time. This is described as the final barrier to protect sensitive data when other defences have been breached. Many of the ideas in the approach are taken from the builders of military fortifications in the 1800s, the SIAA claims, in a metaphorical flight of fancy. The link for this article located at TheRegister is no longer available. . The Financial Security Group champions innovative approaches for protecting sensitive banking information against cyber risks via enhanced tokenization techniques.. Credit Card Security, Data Encryption, Customer Data Protection. . LinuxSecurity.com Team
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