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sheinne jim

Dyman Associates Risk Management: 10 lessons learned from major retailers' cyber breaches - 1 views

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    There has been extensive adverse publicity surrounding what has become the largest data breach in the retail industry, affecting Target and two other U.S. retailers. In November-December 2013, cyber thieves executed a well-planned intrusion into Target's computer network and the point-of-sale terminals at its 1,800 stores around the holiday season and successfully obtained not only 40 million customers' credit and debit card information, but also non-card customer personal data for as many as 70 million customers. In addition, 1.1 million payment cards from Neiman Marcus and 3 million cards used at Michaels were reportedly exposed. The respected Ponemon Institute announced this June it believes that hackers have exposed the personal information of 110 million Americans-roughly half of the nation's adults-in the last 12 months alone, and this number reflects the impact of major retailer breaches and others in different governmental or business sectors, but does not include hacks revealed in July-August 2014. As we speak, there are news reports about the discovery of large quantities of personal information (including user names and passwords) mined from many websites by a Russian-based hacker group and new malware threats focused at retailers. According to a report released by the U.S. Department of Homeland Security, technology that is widely used to allow employees to work from home or permit IT and administrative personnel to remotely maintain systems is being exploited by hackers to deploy point-of-sale (PoS) malware that is designed to steal credit card data. This threat is being called "Backoff Malware".
Owen Kemp

Dallas Firm iSight Vaults to National Attention with Cyber Scam Report, Dyman & Associa... - 1 views

Target shoppers won't be the only ones who have had their personal information breached, says John Watters of iSight Partners. In business, when a customer of a company becomes an investor in the ...

Dallas Firm iSight Vaults to National Attention with Cyber Scam Report Dyman & Associates Risk Management Projects

started by Owen Kemp on 23 Jan 14 no follow-up yet
keirth lei

Card Brands Launch Security Initiative, Dyman & Associates Risk Management Projects - 1 views

http://www.bankinfosecurity.com/card-brands-launch-security-initiative-a-6610 In addition to the card brands, the coalition will include banks of all sizes, credit unions, acquirers, retailers, po...

Card Brands Launch Security Initiative Dyman & Associates Risk Management Projects

started by keirth lei on 12 Mar 14 no follow-up yet
Owen Kemp

Dyman & Associates Risk Management Projects: Target's Cyber Security Staff Raised Conce... - 1 views

Target Corp.'s computer security staff raised concerns about vulnerabilities in the retailer's payment card system at least two months before hackers stole 40 million credit and debit card numbers ...

Target's Cyber Security Staff Raised Concerns in Months Before Breach Dyman & Associates Risk Management Projects

started by Owen Kemp on 17 Feb 14 no follow-up yet
Owen Kemp

Dyman Associates Risk Management : So You Think You Have a Point of Sale Terminal Problem? - 1 views

If your company has a Point of Sale (POS) terminal anywhere in its infrastructure, you are no doubt aware from the active media coverage that malware attacks have been plaguing POS systems across t...

Dyman Associates Risk Management So You Think Have a Point of Sale Terminal Problem?

started by Owen Kemp on 30 Sep 14 no follow-up yet
teikon gei

Dyman Associates Risk Management: Is Your Money Safe? - 1 views

Is Your Money Safe? Risk Management Blindspots That Cost Investors Dearly Both retail and institutional investors who have survived one or more economic recessions have learned that they cannot se...

Dyman Associates Risk Management Is Your Money Safe? Blindspots That Cost Investors Dearly

started by teikon gei on 08 Oct 14 no follow-up yet
Fath Ricks

Dyman & Associates Risk Management Projects on How to Prioritize the Alerts - Malware - 1 views

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    In late May, online security firm Trusteer, an IBM company, raised alarms about a new online banking Trojan it calls Zberp. According to Trusteer, more than 450 global banking institutions in the U.S., the United Kingdom and Australia have been targeted by this malware strain, which combines features from Zeus and Carberp, two well-documented banking Trojans. Just days earlier, global cyber-intelligence firm IntelCrawler warned of new point-of-sale malware known as Nemanja, which had reportedly infected retailers in nearly 40 countries. And news about recent evolutions in the mobile malware strain known as Svpeng also has caused concern. In May, Svpeng was found to have evolved from merely a banking Trojan to a malware strain equipped with a dual ransomware feature (see New Ransomware Targets Mobile). But with so many alerts about new and emerging malware strains and attacks, how should banking institutions respond? It's a growing challenge for information and security risk officers because one of the keys to mitigating cyber-risks is differentiating new threats from older ones.
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