China’s President Xi Jinping State Visit Comes at Critical Moment

China’s President Xi Jinping State Visit Comes at Critical Moment China’s President Xi Jinping arrives in Seattle tomorrow for the first part of a three-leg U.S. visit. In Seattle, President Xi will deliver a policy address, attend a roundtable of 30 U.S. and Chinese CEOs hosted by the Paulson Institute, visit a Boeing plant, dine with…

Cyber Security: Cost of Data Breaches, PCI Court Challenge, Role of Cyber Insurance and Cyber Attack Update

The Cost of Data Breaches to US Companies At present, every U.S. state has a data breach notification law except for Alabama, Kentucky, New Mexico and South Dakota.  A Ponemon Institute study found that: in 2012 data breaches cost companies $188 per record compromised or $5.4 million on average; A plurality of the breaches (41…

Cyber Security: 2012 Threat Predictions

Year end cyber security threat reports by McAfee and Cisco provide some useful warnings and recommendations for 2012.     McAfee lists the top 10 threats as: Industrial threats will mature and segment Embedded hardware attacks will widen and deepen  Hacktivism and Anonymous will reboot and evolve  Virtual currency systems will experience broader and more…

Cyber Attacks a Growing Threat to US Business and National Security

Cyber Attacks a Growing Threat to US Business and National Security Bennet Kelley September 15, 2011 The past few weeks have seen a series of cyber attacks against the U.S. government (including penetrating the CIA and US Senate websites); Gmail accounts for U.S. officials, Chinese activists and journalists; multiple defense contractors including Lockheed Martin;international bodies…