Will this ever happen in the US? Credit Card
companies here seem to have insulated themselves pretty well.
The Korea Herald reports the latest
development in a massive data leak first reported at the end of 2013:
A local court on Friday ordered three credit card-related companies, hit by a massive data leak in 2014, to give 100,000 won ($83) to each victim, a ruling that could set a precedent for other similar lawsuits.
The Seoul Central District Court ruled in favor of a total of some 5,000 customers who filed four separate suits against KB Kookmin Card Co., NH Nonghyup Card Co., and a credit rating agency, the Korea Credit Bureau.
Read more on The
Korea Herald.
Some of the past coverage on DataBreaches.net can
be found here.
The government regulators had suspended three firms’ ability to
take on new customers as part of the consequences of a massive data
leak affecting 15-20 million consumers – a suspension that was
estimated to cost
firms $117 million. And now the court awards money to the
customers who sued after their data was leaked? This may be one of
the most damaging insider
breaches involving a contractor
that I can recall.
Extreme over-reaction or ulterior motive?
Interesting that he was authorized to delete everything. Who was in
charge of security?
I’m not sure I understand what’s gone on here,
but MidHudson News reports:
City Manager Michael Ciaravino’s decision to wipe out all of the data on Newburgh’s cloud has prompted Councilwoman Cindy Holmes to demand an investigation.
Holmes noted that as a result of the manager’s decision, she lost her two years of city information and personal notes.
Ciaravino said he had reason to order the information from all council members deleted.
“It had to be done immediately,” Ciaravino said during a workshop session of the council Thursday night. “This had been going on for months. I would look on my own devices and I was told my location was being shared by Michael Vatter, my location was being shared with Cedric Brown, my location was being shared with other select council people. I would reset my own settings on my own phone and turn around and it was changed again. This had gone on for a number of months where I kept asking for it to be addressed.”
So a city manager just wiped out all the city’s
data? Do they have local backup?
Read more on MidHudson
News.
Perhaps they could ask someone who has some
technical knowledge? Perhaps they should stop watching movies and
learn a bit about Internet usage?
Republicans
to FCC: Even Netflix doesn't require Internet speeds that high
… In
a letter sent to FCC Chairman Tom Wheeler, the six
senators pointed out that popular video streaming sites like Netflix
and Amazon only require a fraction of the 25 Megabit per second
(Mbps) Internet speeds that the FCC has set as the baseline limit to
classify as broadband Internet.
Trying to explain how Google makes money.
Google Paid
Apple $1 Billion to Keep Search Bar on IPhone
… Apple received $1 billion from its rival in
2014, according to a transcript of court proceedings from Oracle
Corp.’s copyright lawsuit against Google. The search engine giant
has an agreement with Apple that gives
the iPhone maker a percentage of the revenue Google generates through
the Apple device, an attorney for Oracle said at a Jan. 14
hearing in federal court.
(Related) Google never said, this is Oracle's
best guess.
Oracle Says
Google Made $31 Billion In Revenue From Android. What Does It mean?
… Last week, an Oracle lawyer said in court
that Google had made $31 billion in revenue and $22 billion in profit
from Android, according
to Bloomberg. Google then urged the court to seal portions of
the transcript of the public hearing, because the information was
extremely sensitive and based on confidential financial documents
obtained by Oracle during the litigation.
Perspective. Perhaps this explains how Uber is
crushing the Taxi business that has been operating since Thurn
and Taxis started carrying
the mail in the 1500's. I think it is the same explanation as Paul
David offered in his 1989 paper, The
Dynamo and the Computer.
The Most
Digital Companies Are Leaving All the Rest Behind
Because we've been discussing this in class.
(Related)
For
broadband 'zero rating,' it doesn't have to be all or nothing
… the economics are clear: Giving people an
additional option for accessing websites they value at a lower price
— zero in this case — makes them better off. And while it would
be naive to think that Facebook has purely altruistic motives, it
makes sense that a program to bring the poorest online would focus on
a service like Facebook, for which there is extraordinary demand, at
least at a nominal price of zero.
What would you do with this?
Diary of
Anne Frank published on both a blog and a website citing end of EU
copyright protection
by Sabrina
I. Pacifici on Jan 21, 2016
Via
Swissinfo: “The Diary of Anne Frank has been put online by a
French politician and an academic, who cite EU law and the importance
of intellectual freedom. The Basel-based Anne Frank Foundation is
considering legal action, saying it still holds the copyright. “Anne
Frank died in 1945 [in the Bergen-Belsen concentration camp in
Germany], therefore her diary should enter the public domain on
January 1, 2016,” argues Olivier Ertzscheid, a lecturer at the
University of Nantes, who has published the original Dutch text on
his blog. At the same time, Isabelle Attard from the French
Green Party put it online on
her website. According to French law, which conforms to an EU
directive, a work falls into the public domain on January 1, 70
years after the death of its author or last surviving author in the
case of multiple authors. But as copyright law is determined at a
national level, each country has its own rules, resulting in
differences in protection periods.”
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