Wednesday, November 26, 2014
I don't like it, but I saw this coming years ago. The cost of a “complete review” or of any kind of “certification of compliance” just went through the roof.
Data Security Auditor May be Drawn Into Data Breach Class Action for Failing to Identify Vulnerabilities
DrinkerBiddle reports a development in Storm v. Paytime, Inc., No. 14-cv-01138-JEJ (M.D. Pa.):
In August, Paytime, Inc., a payroll services company, moved to dismiss a putative class action filed in the wake of a data breach in which the personal and financial information of more than 230,000 people was compromised. Paytime argued that the plaintiffs lack standing, have failed to plead actual harm, and were not a party to or intended beneficiary of any contract with Paytime.
On September 30, while the motion to dismiss was pending, Paytime ran up against the court’s deadline for joining additional parties and filed a motion for leave to file a third party complaint against its data security auditor. Six months prior to the data breach, SotirIS, a provider of integrated business solutions and cloud hosting, performed a “comprehensive breach assessment” for Paytime. According to Paytime, “SotirIS failed to identify vulnerabilities in Paytime’s computer systems and, therefore, contributed to the occurrence of the data security event.” Therefore, Paytime argues, if Paytime were found liable “for such a vulnerability, then SotirIS is liable to [Paytime] for contribution and indemnification.”
Read more of DrinkerBiddle’s Cybersecurity Litigation Newsletter.
Perhaps I should get my band of merry men (and women) together again? If I could be assured the Feds would not take umbrage... (I thing the “military grade” bit is a joke.)
Endgame Raises $30 Million to Bring Military-Grade Cyber Tools to the Enterprise
Security intelligence and analytics solutions provider Endgame, Inc. announced that it has closed a $30 million Series C equity funding round.
The latest round brings the total funding raised by the Arlington, Virginia-based firm to $90 million.
Endgame, which has been known for selling tools and zero-day exploits to government customers for offensive purposes, is shifting its focus to sell its military-grade security intelligence and analytics platform to enterprise customers.
… “The exploit business is a crummy business to be in,” Fick told Forbes. “If we’re going to build a top-tier security firm, we have to do things differently…. This is one of those happy circumstances where business realities, reputational concerns and my personal feelings aligned.”
… “Our core capabilities use data science and cutting-edge technology to give our federal and commercial customers real-time visibility across their digital domains, and our ecosystem of applications use that insight to solve a wide array of security problems,” the company explained.
I'm surprised they know that much!
Pew: Americans Not So Internet Savvy, Lack Insight on Privacy, Net Neutrality
… For those interested in seeing where they sit on the scale of Internet knowledge, the survey can be taken here.
(Related) 'Tis a puzzlement!”
A majority of the global public is concerned about online privacy, but fewer have actually done anything about it, according to a new survey of Internet users around the world.
A poll from the Centre for International Governance Innovation, a Canadian think tank, found that 64 percent of people said they are more concerned about their privacy online than they were a year ago, and more than three-quarters are concerned about criminals or someone else hacking into their accounts and stealing information.
Yet just 43 percent said they avoid certain websites because of privacy concerns raised over the last year, and only 39 percent say they change their account information regularly.
Too much attention to the Income Statement? Look what someone noticed about the Balance Sheet.
Saks real estate an 'added gift': Hudson's Bay CEO
The real estate that came with Hudson's Bay's $2.9 billion purchase last year of the Saks department store chain was "a little added gift with purchase," CEO Richard Baker told CNBC on Tuesday.
That's some gift. On Monday, the company announced its Saks flagship on Manhattan's Fifth Avenue has been valued at $3.7 billion, making it the most valuable retail building in the world.
The Copyright Cops legal strategy is similar to all out war. Attack on all fronts and keep attacking until you have unconditional surrender or total annihilation. (and hope that happens before your case gets tossed out of court)
Internet mogul Kim Dotcom says he is officially broke.
The German entrepreneur and failed politician has revealed this week that his three-year, $10 million legal fight against extradition to the US to face trial on an alleged conspiracy to commit the biggest-ever breach of copyright has seen him run out of cash.
A high profile Queen's Counsel and one of the country's biggest law firms stepped down from his legal team team earlier this month.
"The US Government has taken all my assets up until the raid in all jurisdictions and after I invested money into the internet Party, the MPAA (Motion Picture Association of America) sued me civilly to try to seize those assets too, so I'm officially broke right now," Dotcom said via live video-link from his Coatesville mansion at the Unbound Digital conference in London yesterday.
Perspective. Like Internet TV only radio. Another blow to Cable?
Chromecast Adds 100,000 Radio Stations
Chromecast users can now listen to 100,000 radio stations, thanks to TuneIn adding support for Google’s media streaming dongle. Both the free and paid versions of the TuneIn app now support Chromecast, instantly adding both local and international radio stations, plus hundreds of different podcasts to the device.
This explains why the Gaming Club is flying drones down the hallways all day. It's fun watching them try to put coins in the coffee machine.
Drone pilot wanted: Starting salary $100,000
Big companies, such as Amazon and Facebook, are looking for pilots who fly drones and engineers with experience in building the unmanned aircraft. And they are willing to pay top dollar for the right stuff.
… As many as 100,000 new jobs will be created in the first 10 years after unmanned aircraft are cleared for takeoff in U.S. airspace, according to a 2013 report from the Association for Unmanned Vehicle Systems International.
Large employers are already paying up for drone pilots -- about $50 an hour, or over $100,000 a year -- according to Al Palmer, director of the center for Unmanned Aircraft Systems at the University of North Dakota.
Because some of my Gamers are still passing! Obviously, they are not wasting enough time.
50 Great Video Games We Recommend You Play Right Now
There are so many great video games waiting to be played, and so little time to play them all. This means many gamers struggle to know what to play next, and which must-play titles to prioritize over the glut of mediocre titles out there.
In this article we’ll name 50 video games covering all genres and all platforms, all of which were recommended by your fellow MakeUseOf readers.
May be useful background in a few classes. Oldies but goodies?
15 Documentaries About The Internet, Hacking, Startups & Cyberculture [Stuff to Watch]
Technology is fascinating, and people love to learn. One of the best ways to lose an evening (or productive morning) is to combine the two in video form. Over the last two decades the Internet has grown from an exclusive cluster of early adopters to a ubiquitous communication tool that’s essential for living in the modern world we have created.
This has resulted in a huge number of documentary films exploring everything from consumer electronics to the financial, ethical and practical implications of our technology habit.
I had great hopes, but so far they don't speak “student.”
Slated Is An iOS 8 Keyboard That Translates Conversations For You
Another way to confuse my students? Note how Google Trends shows when this took off.
Spatchcocking: The Silly Word Behind the Turkey Trend
… a radical innovation in turkey preparation has started to become mainstream: “Spatchcocking,” or removing the backbone and flattening the turkey. This process—also known as butterflying, and common for preparing chickens—reduces the roasting time for a turkey from roughly three hours to around 45 minutes.