What was the price of
“adequate security?” Is this a day's revenue? Perhaps a month's
profit?
Global
Payments Takes Charge of $84 Million for Data Breach
July 26, 2012 by admin
Andrew R. Johnson of Dow Jones
Newswires reports:
Global Payments
Inc. (GPN) said Thursday a security breach that exposed potentially
millions of consumers’ payment cards to fraudsters will cost it
$84.4 million.
The Atlanta-based
company, which processes card transactions for banks and merchants,
recorded a pre-tax charge for the amount, equal to 68 cents of
diluted per-share earnings, in the fiscal fourth quarter. The amount
reflects expected charges from payment networks such as Visa Inc. (V)
and MasterCard Inc. (MA) and expenses related to its investigation
and remediation of the matter.
Read more on NASDAQ.
Unsurprising?
UK:
Man claims hard drive bought at car boot sale contained personal data
from West Cheshire College
July 26, 2012 by admin
Carmella de Lucia reports:
A computer hard
drive allegedly loaded with more than 50,000 personal details of
students and tutors from West Cheshire College was
sold at a hospital car boot sale.
The discovery was
made by a shocked Pioneer reader who bought the second-hand computer
tower and hard drive for £5 from a sale at the Countess of Chester
Hospital on May 13.
Read more on Ellesmere
Port Pioneer.
There seems to be a controversy over
what was on the drive. According to the individual who found it, it
contained “names, dates of birth, emails, course details, exam
results, work timetables and even photographs of students.” But
the college disputes the extent of the breach:
However, West
Cheshire College have denied there was any sensitive information on
the hard drive, and said in a statement: “We conducted an
investigation as to the contents of the hard disk and test dates
including names and dates of births of less than 60 students were
found on the disk with no further relevant information.
The person who acquired the drive made
a backup copy of it and is turning it over to the ICO for
investigation. If the college turns out to be misrepresenting the
scope of the breach, that shouldn’t sit well with the ICO.
No doubt the thought police will need
to have a talk with the judge. (and another illustration that
Churchill was right about the divisions of a common language)
U.K.
judge nixes Twitter bomb 'joke' conviction
In January 2010, Paul Chambers sent a
single, frustrated tweet to approximately 600 followers after Robin
Hood Airport in South Yorkshire, England, was closed due to heavy
snow.
The tweet in question read:
Crap! Robin Hood
Airport is closed. You've got a week and a bit to get your shit
together, otherwise I'm blowing the airport sky high!!
… According to the
Guardian, the lord chief justice, Lord Judge, said:
We have concluded
that, on an objective assessment, the decision of the crown court
that this 'tweet' constituted or included a message of a menacing
character was not open to it. On this
basis, the appeal against conviction must be allowed.
Ethical Hackers: Security theater...
That's all I'm saying.
"A key component of the FAA's
emerging 'Next Gen' air traffic control system is fundamentally
insecure and ripe
for manipulation and attack, security researcher Andrei Costin
said in a presentation Wednesday at Black Hat 2012. Costin outlined
a series of issues related to the Automatic Dependent
Surveillance-Broadcast (ADS-B) system, a replacement to the
decades-old ground radar system used to guide airplanes through the
sky and on the ground at airports. Among the threats to ADS-B: The
system lacks a capability for message
authentication. 'Any attacker can pretend to be an
aircraft' by injecting a message into the system, Costin said.
There's also no mechanism in ADS-B for
encrypting messages. One example problem related
to the lack of encryption: Costin showed a screen capture showing the
location of Air Force One--or that someone had spoofed the system."
For my Data Analysis and Data Mining
students. Also, some implications for the Privacy Foundation?
July 26, 2012
Pew
- The Future of Big Data
Big
Data: "Experts say new forms of information analysis will
help people be more nimble and adaptive, but worry over humans’
capacity to understand and use these new tools well. Tech experts
believe the vast quantities of data that humans and machines will be
creating by the year 2020 could enhance productivity, improve
organizational transparency, and expand the frontier of the “knowable
future.” But they worry about “humanity’s dashboard” being
in government and corporate hands and they are anxious about people’s
ability to analyze it wisely." Janna Quitney Anderson, Elon
University
Lee Rainie, Pew Research Center’s Internet & American Life Project July 20, 2012
Lee Rainie, Pew Research Center’s Internet & American Life Project July 20, 2012
- See also - Big Data In 2020: More Info, More Problems by Sarah Kessler
How far can they push the
“decadent west” before they cross the line? I don't find the
line as clear as it once was.
‘Hot
War’ Erupting With Iran, Top Terror-Watchers Warn
… The signs of escalating tension
with Iran are everywhere: the sizable
American armada building off of Iran’s shores; the American
accusation that Iran
tried to kill the Saudi ambassador to the U.S.; the deaths
of Iranian nuclear scientists, widely blamed on the Israelis;
and, of course, last
week’s bombing in Bulgaria, which U.S. and Israeli officials
have pinned on Hezbollah, the Shi’ite militant group backed by
Iran.
“This is a hot war that has gotten
hotter,” Michael Leiter, Olsen’s predecessor at the NCTC, told
the Aspen Security Forum.
“The Iranians have considered this a shooting war for some time.”
So, what will they ask and what will
they offer?
"Google, Facebook, eBay and
Amazon have apparently set
up the Internet Association to lobby the US government on issues
relating to online business. From the article: 'The Internet
Association, which will open its doors in September, will act as a
unified
voice for major Internet companies, said President Michael
Beckerman, a former adviser to the chairman of the U.S. House of
Representatives' Energy and Commerce Committee.'"
One possible future. But,
is the pricing right? And, is it good to be a guinea pig?
Google
Attacks Cable and Telcos With New TV Service
After months of mystery, Kansas City
residents learned today that the first high-speed citywide network
built by Google will bring them not just super-fast internet but
full-featured cable-style TV service. Google said in a live
announcement Thursday morning that the neighborhoods that rally
the most interest will be the first to get hooked up to Google’s
fiber-optic lines, which the company says will offer 1
gigabit-per-second downloads and uploads — far faster (Google says
100 times) than the typical broadband connections now in most U.S.
homes.
For my Math students
Google is always tweaking its bits and
parts. In the latest little change, Google has added a very useful
scientific calculator to its search engine. Google Search has always
had a calculator. It is just that you had to type in the figures and
Google would deduce the results for you and display it in bold above
the search results. Now, Google has enhanced that same functionality
and added a full-fledged scientific calculator to the search page.
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