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…

CLBR SEGMENT 2: STAN STAHL ON CYBER SECURITY

Stan Stahl, President of Citadel Information Systems, returns to discuss the latest Cyber Security issues.   BACKGROUNDER You Say Tomato, I Say You Got Hacked? GoDaddy Hacked, or Just a Technical Glitch?, Technorati GoDaddy outage makes websites unavailable for many Internet users (Updated), ArsTechnica At publication time, there was no evidence to support claims that…

CLBR: Amazon Tax and NoDaddy

Wednesday two Cyber Law and Business Report regulars return. Segment 1: Rebecca Madigan of the Performance Marketing Association discusses the upcoming September 15th implementation of the Amazon Tax in California and efforts in Washington. Segment 2: Stan Stahl from Citadel Information Systems discusses the latest in Cyber Security, including the GoDaddy hack and the debate…

Cyber Attacks Jump 81 Percent in 2011, ISSA Summit and April Targets

 Cyber Attacks Jump 81 Percent in 2011 Symantec’s annual internet security threat report reports that Symantec blocked over 5.5 billion attacks in 2011 – an increase of 81 percent.  The report also details that hackers exposed 187 million identities in 2011; mobile vulnerabilities increased 93 percent and advanced targeted attacks spread to organizations of all…