Remove 2008 Remove Cybersecurity Remove Data Breach
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We Heart It Announces Data Breach From 2013

PYMNTS

We Heart It , the image sharing website, disclosed late last week that there was a potential cybersecurity breach that may have impacted more than 8 million accounts. In a blog post , the company announced news that the data breach may have happened several years ago, but that it was only recently alerted to the cyberattack.

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Virus-Infected Laptop Sold As Artwork For $1.3M

PYMNTS

Its designer, Guo O Dong, describes himself as a “contemporary internet artist,” and he created the artwork with cybersecurity company Deep Instinct , which provided the malware and supervised the work so it was created in a safe environment. The laptop is a 2008 Samsung NC10-14GB 10.2-Inch Inch Blue Netbook running Windows XP.

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Cyber Risk: Businesses Show “Irrational Exuberance”

FICO

It’s a go-to quote because it’s true — and I can’t think of a more applicable area than enterprise cybersecurity risk. He joined it in 2008 and has seen how the cyber sector has evolved dramatically over the last decade. My three very engaging panelists were: Josh Ladeau , CISSP, Global Head of Cyber, Aspen Insurance.

Risk 49
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Fintech Review: A Guide

Fintech Review

The real explosion, however, began after the 2008 global financial crisis. Cybersecurity is a persistent concern. As financial services shift online, platforms become targets for hackers, phishing attacks, and data breaches. Mainframes and early banking software marked the first wave of digital financial tools.

FinTech 52
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CFPB Action Against Equifax Imminent

PYMNTS

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. The Federal Trade Commission and the Department of Justice are already investigating the cyberattack.

CFPB 46
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The Identity/Authentication Confusion

PYMNTS

Unfortunately, many of the most significant and dangerous data breaches in recent years have been because of issues around passwords and logins. Hall drew on the example of the financial crisis of 2008 to show how the diffusion of responsibility led to systems getting so broken that we had a catastrophic failure.

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Data Dive Christmas Carol Edition: Bills, Bitcoin And Banks

PYMNTS

But that could change if the Senate can pass the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days. If an individual knowingly conceals a data breach, he or she could face up to five years in prison.

Bitcoin 44