The Sony Hack Wake-up Call
The late Victor Kiam—CEO of Remington shavers—was a client of mine. A favorite expression of his was "cheapsy-weepsy."
Cheapsy-weepsy describes corporate America.
6 Snippets From My Private Archive of 80,000 News Items
- Why New Credit Cards May Fall Short on Fraud Control
Big U.S. banks are steering clear of an advanced security measure used in credit cards around the world, opting for a system that is more convenient for shoppers but may leave them vulnerable to fraud.
- JP Morgan Chase Bank has revealed that 76 million household accounts, along with 7 million business accounts, were compromised in a recent cyber-attack. —Oct. 3, 2014
- Americans may soon be hearing some shocking news as retail giant Home Depot Inc. has reportedly been linked to a "massive" loss of customer data to hackers operating out of Russia and Eastern Europe. According to initial reports the breach may involve the theft of over 40 million credit cards, stolen using point-of-sale (PoS) malware deployed across most of the retailer's 2,200 U.S. stores. —Sept. 2, 2014
- The malware installed on terminals in Neiman Marcus stores seems to be the same malware that infiltrated Target's systems and exposed information from as many as 110 million customers. —Jan. 23, 2014
- Target, the second-largest U.S. discount chain, said yesterday that data for about 40 million debit and credit cards may have been wrongfully accessed. —Dec. 20, 2013
- AntiSec hacker group claims it has in its possession over 12,000,000 Apple iOS Unique Device IDs, as well as other personal info from device owners. To prove it, it has released 1,000,001 UDIDs to the public. —Sept. 4, 2012
Add up those numbers.
In these six data invasions, 282 million cardholders—88 percent of the U.S. population—are at huge risk as our most private financial and personal information has been stolen and on the market.