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Way off Target: the Smart Money is in Data Security

March 24, 2015

In late 2013, American retailing giants, Target, suffered one of the largest corporate data security breaches in history. The personal details of more than 70 million holiday consumers’ were hacked. Some 40 million of those affected by the hack also had their financial details compromised. This week, more than a year on from...

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Cyber Security Bill - America to Fight Cybercrime

February 11, 2015

American organizations have been targets of cyber security attacks in the past few years, and after a series of major security breaches climaxing with the Sony Hack in late 2014, president Obama is pushing the US Congress to finally pass cybersecurity laws, which have been sitting with Congress fo...

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New York Banks Face Tougher Cybersecurity Scrutiny

January 5, 2015

The intensity and speed of cyberattacks is mounting globally. And the battle against it is constant and never-ending. Last summer, cyberattacks against JPMorgan Chase and at least four other banks rocked Wall Street.JPMorgan later revealed that the attack had compromised personal data of its...

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US Retailer Target Allowed Hacking to Happen

December 30, 2014

On December 2, 2014, Minnesota Federal Judge Paul A. Magnuson ruled that banking institutions could continue with their lawsuit against Target for direct negligence and failing to protect its customers’ data.In his ruling against Target’s bid to dismiss the lawsuits, Magnuson wrote that although hackers...

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