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Karl Wabst

Attackers cash in on fundamental data handling mistakes, Verizon finds - 0 views

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    As Forrest Gump said, "Stupid is as stupid does." The 2009 Verizon Business data breach investigation report confirmed what the 2008 report revealed -- attackers usually gain a foothold through stupid, basic errors. "In virtually all the cases, we found that lots of the things that were simple and straightforward, had they been deployed, would have stopped the attack," said Peter Tippett, vice president of research and intelligence for Verizon Business Security Solutions. "Simple things like changing the password from the word "password" on the system, those basic errors were somewhere, endlessly; they were everywhere." In fact, the 2009 Verizon Business Data Breach Investigations Report showed that 67% of the 90 confirmed data breaches that Verizon investigated last year revealed that kind of error, usually on a third-party system, often tangential to the heart of the enterprise. But they open the door to the good stuff: thousands or even millions of customer records.
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Karl Wabst

More Data Breached In 2008 Than In Previous Four Years Combined -- Security Breaches - 0 views

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    More electronic records were exposed in 2008 than in the previous four years combined and most of those breaches -- nine out of 10 -- could have been easily avoided with basic preventative controls consistently applied. In its 2009 Verizon (NYSE: VZ) Business Data Breach Investigations Report, Verizon Business Security Solutions analyzed 90 confirmed breaches that occurred in 2008, affecting 285 million compromised records. The company's previous data breach report covered from 2004 through 2007, a period that saw 230 million compromised records. About a third of the breaches in Verizon Business' caseload have been publicly disclosed, and additional disclosures are expected before the end of the year. But many breaches will remain unreported because of the absence of any applicable disclosure requirement. Among the report's findings: 91% of all compromised records were linked to organized criminal groups; customized malware attacks doubled; and the most common attack vectors were default credentials and SQL injection. In a statement, Peter Tippett, VP of research and intelligence for Verizon Business Security Solutions, described the report as a wake-up call. Businesses need strong security and a proactive approach, he said, particularly because the economic crisis is likely to spur even greater criminal activity.
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Karl Wabst

FCC Examines Verizon's Doubling of Early Termination Fees - Network World - 0 views

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    "Barack Obama's consumer-friendly FCC is asking Verizon Wireless to explain why it recently doubled Early Termination Fees for its customers. The company has until Dec. 17 to explain "the rationale" behind the higher fees. The inquiry comes after Sen. Amy Klobuchar (D-Minn) introduced a bill that would curb the penalties customers are required to pay for early cancellation of a wireless contract. On Nov. 15, Verizon raised the early termination fee for "advanced devices" to $350, from $175 earlier. "
Karl Wabst

Verizon report goes deep inside data breach investigations - 0 views

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    "Hackers are using a variety of weapons and exploiting errors such as default passwords and weak or misconfigured access control lists (ACLs), according to the latest Verizon Business Data Breach Investigations Report. The follow-up to April's 2009 Data Breach Investigation Report looks under the hood of the company's probes, analyzing how breaches happen and how to protect sensitive data. "Customers who read the 2009 Data Breach Investigation Report said they wanted to know how these attacks take place, give some examples from our caseloads and see if those circumstances can happen to them," said Wade Baker, Verizon Business research and intelligence principal. "
Karl Wabst

eBay, Facebook, Yahoo Among Most Trusted Firms - News and Analysis by PC Magazine - 0 views

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    What companies do you trust to guard your privacy? According to a Wednesday study from the Ponemon Institute and TRUSTe, eBay is the most trusted company for privacy, followed by Verizon and the U.S. Postal Service. Facebook, meanwhile, cracked the study's top ten for the first time. To reach its conclusions, Ponemon and TRUSTe first polled more than 6,000 adults on their "most trusted" brands. An expert review panel then compared those results against the companies' privacy statements, notices, to what levels they accessed account information, their cookie management, in- and out-of-network data sharing practices, and the availability of customer service staff. Of the top 10 companies, seven of them were technology-related. The entire list includes eBay, Verizon, the U.S. Postal Service, WebMD, IBM, Procter & Gamble, Nationwide, Intuit, Yahoo, and Facebook. "With the banking industry at the center of a national financial crisis, it's no surprise to see a loss of trust reflected in the rankings of even those top performers on this list," Dr. Larry Ponemon, chairman and founder of the Ponemon Institute, said in a statement. "Meanwhile, the continued strong showing of e-businesses such as eBay, WebMD, Yahoo, and Facebook seems to demonstrate consumers' growing comfort with doing business online."
Karl Wabst

Yahoo, Verizon: Our Spy Capabilities Would 'Shock', 'Confuse' Consumers | Threat Level ... - 0 views

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    "Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law enforcement and spy agencies? That's the question muckraker and Indiana University graduate student Christopher Soghoian asked all agencies within the Department of Justice, under a Freedom of Information Act (FOIA) request filed a few months ago. But before the agencies could provide the data, Verizon and Yahoo intervened and filed an objection on grounds that, among other things, they would be ridiculed and publicly shamed were their surveillance price sheets made public. Yahoo writes in its 12-page objection letter (.pdf), that if its pricing information were disclosed to Soghoian, he would use it "to 'shame' Yahoo! and other companies - and to 'shock' their customers.""
Karl Wabst

Only 21% Interested in Mobile Phone Payment Systems - Carriers May Need to Work on Thei... - 0 views

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    Many also may not be comfortable letting AT&T and Verizon, recently under fire for completely ignoring privacy laws, anywhere near their financial data.
Karl Wabst

FCC to unveil open Internet rules | Technology | Reuters - 0 views

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    Federal Communications Commission Chairman Julius Genachowski will unveil in a speech on Monday new proposals that would force Internet providers to treat the flow of content equally, sources familiar with the speech said on Friday. The concept, referred to as net neutrality, pits open Internet companies like Google Inc against broadband service providers like AT&T Inc, Verizon Communications Inc, and Comcast Corp, which oppose new rules governing network management. Advocates of net neutrality say Internet service providers must be barred from blocking or slowing traffic based on content. Providers say the increasing volume of bandwidth-hogging services like video sharing requires active management of their networks and some argue that net neutrality could stifle innovation. "He is going to announce rulemaking," said one source familiar with his speech about broadband, to be delivered at the Brookings Institution, a public policy think tank. "The commission will have to codify into new regulations the principle of nondiscrimination." The FCC could formally propose the rules aimed at applying to wireless and landline platforms at an open meeting in October.
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