- known internet-related vulnerabilities.
- Especially the use of commercial ‘off-the-shelf’ software, which is cheaper but with greater access for hackers.
- Lack of proper protection from internet access.
- lack of nuclear facility personnel training
- Many plants were built before cyber threats were an issue
- A gap emerges between plant personnel and cyber security personnel
- No proactive solutions for potential threats
- Reacting to potential threats is not enough cyber…
Author Archives: admin
700 Data Breach Articles in NYTimes in 2014
In 2014 the New York Times “devoted more than 700 articles to data breaches.”
Trend: Pilot Project for Local Governments to Use Data Sharing for Code Enforcement
Who is fighting blight with data sharing? New York cities of Amsterdam, Gloversville, Schenectady and Troy and the University of Albany’s Center for Technology in Government
What data are these cities sharing? code enforcement–related data and develop best practices for tackling the problem
Why are they sharing data? Blight costs the cities. Direct blight costs include:
- code enforcement
- administration
- engineering
- property maintenance
Indirect blight fighting costs for cities…
24 States Provide Economic Incentives for Data Centers
- Alabama:
- 30 years of tax breaks
- for data centers investing $400 million
- that create at least 20 jobs
- with an average annual compensation of $40,000
- Alaska NONE
- Arkansas None specific to data centers, have used other tax incentives for data centers
- California NONE
- ColoradoNONE
- in 2015 Colorado tried to pass a sales tax refund on equipment for data centers
- Connecticut
- A state economic development ffice granted $6 million to a data…
3 Federal Regulatory Data Security Acts Point to State Legislation on the Horizon
What have the feds done for us lately to protect our data security?
1. Weeks ago the FDA stopped the use of a pump for infusion therapy because it could be hacked
2. July’s recall of 1.4 million Chryslers, Dodges & Jeeps because of hacking the auto software
3. The SEC following through on enforcement for insider trading due to a computer hack
Let’s not forget it has also been the year of:
- student data breaches
- insurance companies data breaches
- a fear of data security…
TX Chair of the Subcommittee on Information Technology on Data Security
Texas Congressman Hurd, the chairman of the new House Oversight Subcommittee on Information Technology, in an interview with Passcode says:
- “One of the things that was so egregious to me is that OPM never said, ‘I’m sorry,’
- He also “criticized the agency for its failure to be transparent about notifying victims of the breach.”
Key words for business and policy people: transparency & notification.
The Hill: IT lawmaker: ‘Outrageous’ that OPM hasn’t apologized
Trend: Cyber Insurance $20 Billion in insurance premiums.
Insurer Allianz Global Corporate & Specialty offers caluclated predictions about cyber security and insurance policies:
- Cyber security costs the US $108 billion/year
- By 2025, cyber security insurance will be a $20 billion in annual premiums globally
- In 2015, annual cyber insurance premiums are $2 Billion globally
- 70% of breaches occur in restaurants
- To recoup losses after a hack, companies should count on $200 per record that gets compromised.
Regulatory Trend: Agency Fines for Failing Policies before Data Breach
Which agency is issuing fines for lacking data security policies? The Securities and Exchange Commission.
Why is the SEC fining a company? Two reasons:
- It failied to have an adequate daa security policy in place before it experienced a data breach that exposed financial records of 100,000.
- Let’s repeat, the company never adopted written policies and procedures
- The company did not conduct periodic risk assessments
- The company did not implement a firewall
- The company did not…
Federal Government Biometric Data Breach. 5.6 Million Fingerprints Revealed
The federal government data breach not only compromised personal data of 21.5 Million former and current federal employees but also compromised 5.6 Million finger prints.
That’s 4.5 million more than initially reported.
The Consumerist: Federal Data Breach Included 5.6M Compromised Fingerprints, Five Times The Original Estimate
Health Care Data Breaches top 100 Million in 2015 + 3 more health care data breach stats
- A study funded by data security firm, ID Experts, found since 2010, health care data breaches up 125%
- In 2015, 100 million health care files stolen (Think: Anthem, Premera, Carefirst breaches)
- In 2014, the medical/healthcare sector accounted for the highest percentage of breaches at 42.5% according to the data security firm, IDT911
- This year’s largest health care data breach so far is the Premera medical data compromise, which may have exposed 11 million medical records