The hackers may have accessed customers’ e-mail names, as well as e-mail and physical addresses, according to a notification E-Trade sent to customers affected by the incident. But there is “no evidence that any sensitive customer account information, including passwords, Social Security numbers, or financial information was compromised,” the e-mail said. There were “no reports of financial fraud or loss resulting from this incident.”
Saturday, October 10, 2015
Early notice. The Privacy Foundation Seminar on Friday, November 6th will address the FTC v. Wyndham decision. (Inadequate security is now a regulatory issue) I'll update as soon as I get the formal notice.
Not a big breach and they quickly change the topic in this article. I post it only because it's another example of a company that didn't notice the breach. And are they trying to suggest the breach was a single event that took place sometime in the last three years or that it has been ongoing for the last three years? The WSJ used to write clear and informative articles.
Dow Jones Discloses Customer Data Breach
… In a letter to customers on Friday, Dow Jones Chief Executive William Lewis said law-enforcement officials in late July informed the company that there may have been a breach. A company investigation with the help of a cybersecurity firm revealed the unauthorized access took place between August 2012 and July 2015.
(Related) This of course is far worse.
Andrea Peterson reports that E-Trade is first notifying 31,000 customers of a breach it discovered in 2013. The breach was first disclosed in 2014, but at that time, E-Trade reportedly didn’t believe that customer information had been involved.
Read more on The Washington Post.
This incident is also likely related to the recently disclosed Scottrade breach and Dow Jones breach.
The future? Will everyone follow?
Amazon Casts Its Net on the Internet of Things
Amazon on Thursday leapt into the Internet of Things market with the announcement of its AWS IoT platform.
AWS IoT lets devices -- ranging from cars and turbines to sensor grids and light bulbs -- connect to services from Amazon Web Services.
That in turn allows companies to store, process, analyze and act on the mountains of data generated by connected devices.
… And what an opportunity it is -- the installed base of IoT units, which totaled 9 billion at the end of 2013, is expected to grow at a compound annual growth rate of 17.5 percent to hit 28 billion in 2020.
… Devices connect to AWS IoT's device gateway using both HTTP and MQTT -- Message Queue Telemetry Transport. MQTT is an industry-standard lightweight communications protocol for sensors and mobile devices.
… A rules engine lets device manufacturers define rules to filter, process and route data between devices, AWS services, and applications, as well as establish the action to take when various conditions are met -- such as sending an alert when a pressure sensor reports an unusually high reading.
Cloud applications can interact with connected devices even when the devices are offline through a shadow, or persistent virtual version, of devices AWS IoT will create.
Windows 10 Partly To Blame For 7.7 Percent Drop In PC Sales
… "Worldwide PC shipments totaled 73.7 million units in the third quarter of 2015, a 7.7 percent decline from the third quarter of 2014," research firm Gartner Inc. reports.
One reason for this, analysts say, is that "the global PC market has experienced price increases of around 10 percent throughout the year, due to the sharp appreciation of the U.S. dollar against local currencies."
Moreover, International Data Corporation's (IDC) research manager for its Worldwide PC Tracker, Jay Chou, adds that Microsoft's initiative of giving away Windows 10 for free is another reason for the PC industry's current downward slump. People are more than happy and willing to download a free upgrade to Windows 10 than have to shell out cash to buy a new device with exactly the same software.
Gartner echoes the same sentiments.
No matter how often I preach security and backup, this comes as no surprise. (Could this include student notes? Might explain a lot.)
The Rise and Impact of Digital Amnesia
by Sabrina I. Pacifici on Oct 9, 2015
Kaspersky Lab – Why we need to protect what we no longer remember – “Key findings from the study include:
• Across the United States, the study shows that an overwhelming number of consumers can easily admit their dependency on the Internet and devices as a tool for remembering. Almost all (91.2%) of those surveyed agreed that they use the Internet as an online extension of their brain. Almost half (44.0%) also admit that their smartphone serves as their memory–everything they need to recall and want to have easy access to is all on it.
• In addition, many consumers are happy to forget, or risk forgetting information they can easily find–or find again- online. When faced with a question, half of U.S. consumers would turn to the Internet before trying to remember and 28.9% would forget an online fact as soon as they had used it.
• Although dependence on devices appears high, when asked, most participants could phone the house they lived in at 15 (67.4%) as well as their partners (69.7%), children (34.5%), and place of work (45.4%). They could not however call their siblings (44.2%), friends (51.4%), or neighbors (70.0%) without first looking up the number.
• Contrary to general assumptions, Digital Amnesia is not only affecting younger digital natives–the study found that it was equally and some times more prevalent in older age groups.
• The loss or compromise of data stored on digital devices, and smartphones in particular, would cause immense distress, particularly among women and people under 35. More than half of women (51.0%) and almost the same number of 25 to 34 year-olds (48.6%) say it would fill them with sadness, since there are memories stored on their connected devices that they would never get back. However, it caused the even younger participants the most fear. One in four women (27.1%) and 35.0% of respondents age 16 to 24 say they would panic: their devices are the only place they store images and contact information.
• Worryingly, despite this growing reliance on connected devices, the study found that consumers across America are failing to adequately protect them with IT security. Just one in three (30.5%) installs extra IT security, such as an anti-virus software solution on their smartphone and one in five (20.7%) adds any security to their tablet. 28.0% doesn’t protect any of their devices.”
An indication that Computer Science has arrived and may now be discussed in polite company.
Computer science now top major for women at Stanford University