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UK data protection minister did not know about breach 28/11/2007 06:21:18
Chancellor's Commons speech broke the newsThe UK government's data protection minister did not know about the huge data breach at HM Revenue and Customs until he heard the chancellor's statement in the Commons on November 20, he has admitted.
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How bad was 2007 for breaches, vulnerabilities and similar mayhem? On the bright side, it was better than 2008 is forecast to be. With more of every sort of meltdown predicted -- more criminalization of the hacker community, more Web-application attacks, more phishing, more spamming, more zero-day attacks and more virtualization-related threats -- we're happy to tell you that you are likely to look back on 2007 as the peaceful old days.
What, that doesn't cheer you up? Hmm. All right, then -- wallow in previous misery with a quick look back at some of the notable security events of 2007. Just remember: It's all in the past now ... it's all in the past now ...
A brace of breaches: 2007's five worst
In a league of its own: The TJX Companies. The 2006 data breach news landscape was dominated by the compromise at the Department of Veterans Affairs, but this year commercial interests took the (booby) prize -- in particular, retailer TJX. The breach it disclosed in January (several months after the fact) was the biggest ever involving payment card data.
TJX itself claimed that over 45.6 million cards belonging to customers were compromised in an intrusion that went undetected for over 18 months; however, several banks suing the company claim the actual number is 94 million cards, a vast majority of them issued by Visa. The breach prompted numerous lawsuits and calls for stronger data protection laws -- and, unfortunately, engendered a spate of fraudulent card use.
Despite its scope, some believed that analyst firm Forrester Research was overestimating when it predicted early in the saga that the breach could end up costing TJX US$1 billion over the next few years. But nearly 11 months after the breach was disclosed, that number no longer seems so outlandish: By TJX's own estimates, the company has already spent or set aside close to US$250 million for costs stemming from the incident.
The UK's VA: HMRC misplaces records on 25 million kids In November, the UK's HM Revenue & Customs managed to achieve VA-level snafu status when it disclosed that it lost computer disks containing personal information on 25 million juvenile benefit claimants. The disks, which were not encrypted, disappeared in transit to the country's National Audit Office and included bank details and national ID numbers. Analyst firm Gartner predicted the processes of closing accounts and establishing new ones to protect against potential fraud resulting from the breach could end up costing British banks in the region of US$500 million.
The system was broken brokered: Fidelity National Information Services Personal information on over 8.5 million individuals was compromised when a senior database administrator working at Certegy Check Services, a subsidiary of Fidelity National, illegally downloaded the data and sold it to brokers. Fidelity National, which is separate from the better known Fidelity Investments, initially said that only 2.5 million records had been compromised when it first disclosed the breach in July. A few weeks later, it quietly upped the number to 8.5 million in filings with the US Securities and Exchange Commission. According to the company, the stolen data appears to have been resold primarily for direct marketing purposes and not for ID theft or other sorts of fraud.
Some honor among thieves: TD Ameritrade Holding Brokerage firm Ameritrade disclosed in September that someone had broken into one of its systems and stolen contact information such as names, addresses and phone numbers belonging to its more than 6.2 million retail and institutional customers. However, Social Security numbers and account numbers that were also stored in the same database appeared, according to the company, to have been left untouched. The stolen data was apparently used for the purposes of sending stock-related spam.
Creatures from the hack lagoon: Monster.com Names, e-mail addresses, mailing addresses, phone numbers and resume IDs belonging to an estimated 1.6 million job seekers were accessed from Monster.com's resume database in August. Though widely described as a hacking, what actually happened was that information was accessed by attackers using legitimate user names and passwords -- were most likely stolen from professional recruiters and human resource personnel using Monster.com to look for job candidates. No Social Security numbers or financial data was compromised in the breach.
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Computerworld Live Podcast #97: The Future of Enterprise Networking 25/07/2008 09:45:36
This week CW Live chats with Mark Thompson, global sales and marketing manager for HP ProCurve, on the future of the enterprise networking. Mark discusses the trends we can expect to see in the near future and how the right infrastructure can ensure your enterprise network is secure. - +
Computerworld Live Podcast #96: Security at the Edge 11/06/2008 09:22:22
CW Live speaks with Amol Mitra, HP ProCurve Director of Marketing for Asia Pacific and Japan. Today's topic: how enterprises are starting to shift away from simply controlling security via server logins, firewalls and moving to more adaptive security frameworks. - +
Data Management Edition #10: Multi-Petascale Systems 02/05/2008 09:12:33
This week we look at sustainability and the development of multicore technologies to build multi-petascale systems. - +
IT Security Edition #11: How to poison the Storm botnet 01/05/2008 08:51:55
This week CW Live presents a case study on how to poison the notorious Storm botnet . Plus we take a look at Cisco's plans for Ironport. - +
IT Security Edition #10: Cyber-battles fought and won 24/04/2008 11:09:47
Vendors bow to end user pressure to improve product security, and we take a look at the latest concepts shaping the cyber-battlefield of the future.
Viva la Verticals! Key to Vendor Growth is Through Vertical Market Opportunities, Says IDC 2008-09-05 11:05:00+10
F-Secure delivers fastest protection in the online world 2008-09-04 16:50:00+10
NETGEAR expands ProSafe team as business-class products take off in SME market 2008-09-04 16:27:00+10
Rogue security apps dominate Fortinet's Aug 2008 IT threat report 2008-09-04 16:00:00+10
Adaptec Intelligent Power Management Reduces Storage Power Consumption Up to 70 Percent 2008-09-04 11:28:00+10
Best Practice in Building an Integrated Information Management Strategy
Discover the business value that creating an integrated information platform can bring. Learn how to provide consistent, accurate information to all stakeholders within your business network. Integrate vital data from disparate sources and deliver a trusted information foundation. Read on to uncover the stepping-stones to your new information management strategy.









