Archive for April, 2011
Study: Consumers’ Reaction to Online Fraud
Posted by brianfpennington in brian pennington on 28/04/2011
ThreatMatrix and Cloud-based Fraud Prevention Company and the Ponemon Institute have released the findings of their joint study on Consumers and their awareness and appreciation of online fraud. The study has revealed 85% of respondents reported being worried and dissatisfied with the level of protection online businesses are providing to stop fraudsters. This % is […]
Identity Theft Resource Center found that hacking accounted for the largest number of breaches in 2011 year-to-date
Posted by brianfpennington in brian pennington on 27/04/2011
The Identity Theft Resource Center® has found that hacking accounted for the largest number of breaches in 2011 year-to-date. Almost 37% of breaches between January 1st and April 5th were due to malicious attacks on computer systems. This is more than double the amount of targeted attacks reflected in the 2010 ITRC Breach List (17.1%). ITRC point […]
Phishing – the UK banking losses
Posted by brianfpennington in brian pennington on 26/04/2011
In March 2011 the UK Card Association reported that Online banking fraud losses totalled £46.7 million in 2010. This represented a 22 per cent fall on the 2009 figure. The factors contributing to this fall include Customers better protecting their own computers with up-to-date anti-virus software Banks’ use of sophisticated fraud detection software. This decrease […]
Fraud Intelligence Report – First Quarter 2011
Posted by brianfpennington in brian pennington on 26/04/2011
MarkMonitor, a global leader in enterprise brand protection, offers comprehensive solutions and services that safeguard brands, reputation and revenue from online risks. MarkMonitor produce a Fraud Intelligence Report on a quarterly basis and the report for the first quarter of 2011 is now available. The headline findings are: Phishing Attacks Reversed Decline Phish attack volume […]
PCI DSS Compliance Trends Study, 2011
Posted by brianfpennington in PCI DSS Compliance on 21/04/2011
Imperva and Ponemon 2011 PCI DSS Compliance Trends Study. Survey of IT & IT security practitioners in the U.S. The Payment Card Industry Data Security Standard (PCI DSS) continues to be one of the most important regulations for all organizations that hold, process or exchange cardholder information. In 2009, Ponemon Institute, with sponsorship from Imperva, conducted the first study […]
Cyber Criminals Shifting to Smaller, More Opportunistic Attacks; External Attacks, Especially Hacking, on Rise
Posted by brianfpennington in brian pennington on 21/04/2011
Verizon have released their Data Breach Investigations Report 2011 and as usual with the Verizon report there is a lot to take in. The investigations by Verizon and the U.S. Secret Service discovered that data breaches had dropped from 144 million in 2009 to only 4 million in 2010, representing the lowest volume of data […]
Call Centre Security and PCI Compliance
Posted by brianfpennington in PCI DSS Compliance on 12/04/2011
Credit Card data is the Crown Jewels for hackers and the financial lifeblood of many companies. An Account Data Compromise, also known as a breach can lead to bad press and a bad reputation, you only need to Google Play.com or Lush to see the impact. With the 18th March 2011 launch of the PCI Councils […]
Epsilon admits to a data breach that could affect millions
Posted by brianfpennington in brian pennington on 04/04/2011
On the 1st April 2011 Epsilon reported on their website “On March 30th, an incident was detected where a subset of Epsilon clients’ customer data were exposed by an unauthorized entry into Epsilon’s email system. The information that was obtained was limited to email addresses and/or customer names only. A rigorous assessment determined that no other personal identifiable information […]
Smartphone users at risk of ID Fraud
Posted by brianfpennington in brian pennington on 01/04/2011
Credit reference agency Equifax has recently released its research into the implications of Smartphone Theft on Identity Fraud. The findings of the reasearch are very interesting as they show how cavalier Smartphone owners are with their information and Identity. The highlights of the research are below: 94% of consumers fear identity fraud and theft yet many […]