Security

Although the Department of Veterans Affairs may be able to relax slightly now that the laptop containing sensitive information on millions of veterans and military personnel has been recovered, the incident highlights the role government plays in ensuring data security. "It is a hot political issue ...

Stung by the unprecedented number of identify thefts and data losses that have occurred in recent months across academia, the private sector and the government, a group comprised of representatives from each of these areas has formed the Center for Identity Management and Information Protection.

INDUSTRY INSIDER

Indian Call Center Agent Arrested for HSBC Thefts

Police in Bangalore, India, reported the arrest Tuesday night of the chief suspect in the theft of funds from a score of customers of HSBC bank in the UK. Nadeem Kashmiri is being charged in India with stealing customer data that was sent to Nadeem's accomplices in the UK. Nadeem's accomplices ass...

In the latest example of the tension between government efforts in the war on terror and the media, the Bush administration is condemning news outlets that revealed details of a program that used the Internet to scan bank records for evidence of terrorism financing. Speaking at the White House, Pres...

The Federal Trade Commission on Thursday became the latest agency to acknowledge that personal data had been placed at risk due to a lost laptop computer, part of a trend that underscores the wide range of threats facing consumers' personal information. The FTC said it would provide free credit moni...

The loss of personal data on an estimated 26.5 million U.S. military veterans, up to 2.2 million current service members and an unquantified number of spouses continues to generate public controversy. It also provides lessons for how the private sector could prevent and respond to the loss of perso...

Disaster recovery planning is becoming a core part of business. Yet even when companies prepare for the worst, unexpected circumstances are bound to occur when a disaster actually hits. After such an incident, companies must shift modes -- from bracing for the calamity to planning for business conti...

Even with a steady stream of database breaches that lead to potential identity theft making headlines nearly every day, e-commerce continues to grow steadily, with many consumers increasingly sanguine about turning over sensitive information such as their credit card numbers to online merchants. St...

Can you discern a fake e-mail from a legitimate one? Most consumers can't, but erroneously think they can, according to a new study by Bank of America and National Cyber Security Alliance, a copy of which was provided to the E-Commerce Times. The survey showed that 87 percent of consumers polled sai...

E-commerce is alive and well. Holiday shopping sales were through the virtual roof last season and analysts predict continued growth in the online channel in 2006. There's only one problem: Security threats seem to be rising almost as quickly as e-shopping revenues. From phishing to pharming to hack...

What's the best way to reduce the risk of ID theft? Though it sounds counter-intuitive, would you believe that using the Internet more often does just that? A new survey by Javelin Research & Strategy indicates that those who pay their bills online have a lower likelihood of having their identit...

CASE STUDY

Battling E-Commerce Credit Card Fraud

The Internet is still a very dangerous environment for conducting business. Lurking in the cyberspace shadows are criminal masterminds bent on stealing personal information and credit card numbers to further fund their activities. Almost daily, stories involving new worms, phishing scams or large s...

In a case that emphasizes the myriad ways for digital data to be compromised, files containing information on some 26.5 million U.S. veterans were taken from the home of a government employee during a burglary. The Department of Veterans Affairs announced the breach Monday, but said there was no ev...

President Bush this week created an "ID theft prevention" task force by executive order, and Internet security executives are reacting positively, if cautiously, to the new federal initiative. "This task force should help improve coordination among federal, state and local authorities. It's a positi...

The associations representing movie studios and music labels are warning some 40 college presidents that their students are using their high-powered networks to steal copyrighted entertainment and urging them to take "immediate action." The Recording Industry Association of America and the Motion Pi...

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