Will the FTC go after Target for inadequate
security?
Evan Ramstad reports:
The Securities and Exchange Commission decided not to penalize Target Corp. for the 2013 cyberattack that led to the exposure of data for millions of the retailer’s customers, the company said Tuesday.
The agency was one of several governmental entities to investigate the company in the wake of the attack, one of the largest against a U.S. company.
In its quarterly results document, filed with the SEC and published by the agency on the Internet for investors to see, Target said the investigation ended during the May-to-July period. It said the SEC “does not intend to recommend an enforcement action against us.”
Read more on Star
Tribune.
As a Security Manager, you could panic or drop out
and become a hacker.
Juliet Williams of AP reports:
Many California state agencies are not complying with the state’s information technology standards, leaving them vulnerable to a major security breach of sensitive data such as Social Security numbers, health information or tax returns, the state auditor reported Tuesday.
“Our review found that many state entities have weaknesses in their controls over information security. These weaknesses leave some of the state’s sensitive data vulnerable to unauthorized use, disclosure, or disruption,” Auditor Elaine Howle wrote in the report.
Read more on LompocRecord.com
Related files for “High Risk Update—
Information Security” audit:
Just keeping investors informed requires some
serious analytics.
The Securities and Exchange Commission earlier
this year asked Twitter about its decision to stop reporting
"timeline views", a longtime metric to measure user
engagement, according to documents released on Monday.
Twitter decided in April to stop reporting
timeline views — the number of visits, timeline refreshes and
searches on the site — because it says that changes in its
offerings rendered the metric unnecessary.
The
SEC asked then-CEO Dick Costolo whether the company would publicly
release new ways to measure engagement with the service in an April
letter released Monday and reported
by The Wall Street Journal.
“Please describe the alternative metric(s) you
anticipate presenting in future filings to explain trends in user
engagement and advertising services revenue,” the agency asked.
“Also, please describe your reasons for choosing such metric(s).”
It also asked the company to provide data for how
the number of advertisers on the platform and average revenue per
advertiser broke down by “channel and geography.” The agency
said that providing that information to the public could “prove
informative to investors if you consider them to be material to
investors’ understanding of those key factors impacting current and
prospective levels of advertising services revenue."
Twitter responded
in May by noting that a new filing included numbers related to how
users responded to ad products and the price that ad buyers paid for
those actions. The Journal reported that the SEC stopped
pursuing the issue after the company’s response.
Is the Chinese government looking for people to
blame?
The authorities in
China have opened two investigations into the country’s biggest
brokerage firms amid market turmoil.
The police are investigating eight executives from
Citic Securities, China’s biggest brokerage firm, on suspicion of
illegal securities trading, Xinhua, the official news agency,
reported late Tuesday.
In addition, staff members from the main stock
market regulator, China Securities Regulatory Commission, and a
reporter were been taken into custody, Xinhua said.
The reporter, from the respected news outlet
Caijing, was identified by Caijing as Wang Xiaolu and wrote
an article last month that said the government was considering
withdrawing its support for the stock market. [That's
exactly what it looked like. Bob] The report prompted a
denial from the securities regulator, but was later seen as
contributing to a huge
plunge in Chinese stocks in late July.
I thought you were supposed to find people in the
“other party” who made the same mistakes? This makes it look
like a “Democrat thing.”
Is Amb.
Caroline Kennedy using private email for government business?
Senior staff at the U.S. Embassy to Japan,
including Ambassador Caroline Kennedy, have used personal email
accounts for official business, an internal watchdog said
in a report Tuesday. Some emails contained sensitive
information.
The State Department's Office of Inspector General
said that it identified instances where emails labeled "sensitive
but unclassified" [Better
than “Top Secret” Bob] were sent from or received by
personal email accounts. Department policy is that employees
generally should not use such accounts for official business, the
watchdog's office said.
How appropriate. Some people think they will
cause crashes, Florida want's them to catch
crashes.
Self-driving
‘crash’ trucks to hit Florida highways this year
The first autonomous vehicles to hit US highways
will not be Google or Apple cars, but self-driving trucks – and
they will be riding roads in Florida by the end of the year.
The self-driving construction vehicles, fitted
with special rear-end crash barriers and lights, have been
successfully demonstrated, driving using GPS waypoints and following
a lead car, mimicking its path, braking and speed.
The specialised crash trucks are fitted with large
signs to warn road users of the presence of workers and are used to
protect construction crews resurfacing roads, painting lines,
inspecting bridges or installing traffic signals.
For my IT Governance students.
FDIC
Publication Focuses on the Critical Role of Corporate Governance
by Sabrina
I. Pacifici on Aug 25, 2015
News release: “The Federal Deposit Insurance
Corporation (FDIC) today released the summer 2015 issue of
Supervisory
Insights. The lead article, “Strategic
Planning in an Evolving Earnings Environment,” highlights the
critical role of corporate governance and strategic planning in
navigating a challenging operating environment. “Although the
financial performance of banks is steadily improving, the operating
environment remains challenging,” said Doreen R. Eberley, Director,
Division of Risk Management Supervision. “Strategic planning can
be a tool for an engaged bank management team to deal with tradeoffs
between risk and return and promote sustainable earnings.” Another
article, “Bank Investment in Securitizations: The New Regulatory
Landscape in Brief,” summarizes important new requirements related
to investment in securitizations as a result of the enactment of the
Dodd-Frank Act, including potential effects on bank capital. The
article also explains how an investment decision process can be
structured to help a bank remain compliant with these new
requirements. The “Regulatory and Supervisory Roundup” provides
an overview of recently released regulations and supervisory
guidance. Supervisory
Insights
provides a forum for discussing how bank regulation and policy are
put into practice in the field, promoting sound principles and
practices for bank supervision, and communicating about the emerging
issues that bank supervisors face.”
Is a street eligible to be on the Internet of
Things? (Is a hole a thing or a non-thing?)
Google
Patents Pothole Detection System
… As first spotted by AutoBlog, Google
was recently granted a patent covering a system capable of
detecting road quality conditions, which in theory could allow it to
deliver warnings of potholes and other road quality issues to its
users.
A pothole mapping database would further enhance
the already widely used Google Maps, and could also be plugged into
an autonomous driving system, which Google has been extensively
testing. [Imagine a
self-driver swerving to avoid potholes and cops trying to pull the
car over to administer a sobriety test... Bob]
If I'm thinking of buying a cheap phone, am I an
“emerging market?”
Nokia 222
Is Microsoft’s $37 Phone With Month-Long Battery Life
Many have been waiting for Microsoft to launch the
two high-end Lumia handsets that we keep hearing about every now and
then, Microsoft has launched two new phones today but they’re far
from those Lumias. The company has launched the Nokia 222 and Nokia
22 Dual SIM today, it can still use the Nokia brand so don’t get
confused and start thinking that the Finland-based company is back in
the game, these are cheap smartphones aimed squarely at emerging
markets.
One of my students showed me this Python package.
Anaconda
Anaconda is a completely free Python distribution
(including for commercial use and redistribution). It includes over
195 of the most popular Python
packages for science, math,
engineering, data analysis.
Geeky, but probably useful.
MIT
Researchers Create Resilient File System That Is Impossible To Crash
You might imagine that in 2015, we'd have a
plethora of file systems that could guarantee the integrity of our
data in the event of a crash - but that isn't exactly the case.
While there are a handful of quality file systems that are much
better than others from a data integrity standpoint (ZFS being a good
example), none of them can guarantee without a benefit of a doubt
that when a system crashes, absolutely no data is going to be lost.
Well, except for the file system that MIT
researchers have just revealed, which is set to be presented at the
ACM Symposium on Operating Systems Principles in October. The file
system's researchers claim that their new file system is
mathematically proven to not lose track of data in the event of a
crash. While the methods will result in a performance penalty, that
could be a small cost for guaranteed data integrity.
To achieve the file system's goal, its developers
rely on a technique called formal
verification, which can prove or disprove the intended effect of
the algorithms used. Again, this is going to impact
performance, as it would on any file system that has added data
integrity checks.
Enquiring minds want to know...
Why People
Are Drawn to Narcissists Like Donald Trump
My beer is quite near.
Too near I fear.
I'll abstain, I swear...
(At least until noon)
Booze at
our door in 34 minutes: Testing Amazon’s new Prime Now alcohol
delivery service
Amazon debuted one- and two-hour delivery of beer,
wine and liquor in the U.S. this morning along
with the launch of the Amazon Prime Now service in its hometown of
Seattle. We’ve tested just about every type of delivery
service at the GeekWire offices, so we thought to ourselves, why
should this be an exception?
Thirty-four minutes later, we were pouring
screwdrivers in the break room.
For my researching students.
Good Online
Bookmarking Tools for Students
If we could do this for textbooks, I'd push it to
my students who won't/can't read them. (Business opportunity?)
TuneIn
takes the ads out of your on-the-go real radio
TuneIn, the site best known for streaming
thousands of radio stations online, is angling to become the one-stop
shop for everything you feed into your ears.
The company on Tuesday added an $8-a-month
subscription that unlocks a variety of new perks: It removes the
audio ads from 600 radio stations, streams audio play-by-plays from
Major League Baseball and from Premier League soccer, and opens up
aisles of audiobooks.
… Radio stations that stream with TuneIn
already have devices in place to swap their ads on the regular
broadcast with digital ads for the online one. TuneIn's
commercial-free feature simply helps the programmer play a song the
same length as the ad break instead.
… In audiobooks, subscribers have unlimited
access to a library from publishers like Penguin Random House,
HarperCollins and Scholastic, including the "Hunger Games"
and "Harry Potter" series. Subscribers will also have
access to 16 different language-learning programs.
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