10 mistakes companies make after a data breach

The aftermath of a data breach can be chaotic if not dealt with properly. The result of such poor handling could see organizations facing a hit to reputation, or worse, financial and legal problems. Read on for advice on what NOT to do in the event that your organization is hit….


Forget the Sony Hack, This Could Be the Biggest Cyber Attack of 2015

The FBI officially named North Korea as the party responsible for a cyber attack and email theft against Sony Pictures. But according to cyber-security professionals, the Sony hack may be a prelude to a cyber attack on United States infrastructure that could occur in 2015, as a result of a very different, self-inflicted document dump from the Department of Homeland Security in July….


Cybersecurity Investments Promise Returns for Investors Looking to Capitalize on Hacks

The rampant data breaches throughout the past year have spelled nothing but bad news for major corporations and millions of American consumers. Sony, Home Depot, Target, eBay and Apple are among the victims, with their customers and users suffering compromised sensitive personal and financial information. But as anxiety has swelled especially over the busy shopping period, there’s a silver lining for investors: the opportunity to capitalize on the prevalent hacks by investing in cybersecurity.

According to a PwC report from September, cyber hacks are increasing at 66% year-over-year, and cybersecurity investments are responding in kind: IDC is expecting the cybersecurity sector to have a 7% compound annual growth rate through 2017….


Target Breach: Cards Hit Black Market, Chase Restricts Transactions

Your credit card info may now be posted for sale. Millions of hacked credit and debit cards involved in the Target breach are already listed on the black market, according to Brian Krebs, the security industry reporter who first broke the story. Cards issued by non-U.S. banks are fetching premium prices.

Krebs reports the cards are being sold in batches sorted by Zip Codes, enabling fraudsters to buy stolen card data in proximity to their location.

The stolen card data is being sold for prices ranging from $20 to more than $100 per card, he says….