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Why Privacy Concerns Are Ruining Facebook

Facebook was built as a powerful social connector, allowing users to befriend others with similar interests, locations, schools, and more. But as privacy concerns mount and users demand more protection, the social networking site’s philosophy has started to go down the toilet. Now that Facebook is eliminating regional networks — or groupings of people based on where they live — it’s becoming apparent that proclivities lean towards building fences rather than crossing them. Read the full story [PCWorld].  Also see: How to protect your privacy on Facebook and Twitter.

Real World Security – Ed Bellis interview

Dennis Fisher talks with Ed Bellis, CISO of Orbitz Worldwide, about the security challenges facing a Web-based business, the value of software security initiatives and the joys of compliance in today’s regulatory environment.Listen to the podcast:
Read the transcript

DBA Convicted of Hacking GEXA Energy

Steven Jinwoo Kim, 40,  a DBA has been convicted of hacking his former employer GEXA Energy following his guilty plea to intruding into his employer’s computer database system. Read the full article. [Databreaches.net]


MassMutual officials this week confirmed that one of its employee
databases was accessed by an unauthorized person or persons, exposing
an unknown number of employees’ personal data for a
yet-to-be-determined amount of time. The Springfield, Mass.-based insurer said the compromised
database was being maintained by an unidentified, third-party vendor
and contained “a limited amount of personal employee data.” Read the full article. [internetnews.com]

The four men whom a federal grand jury indicted this week for their alleged roles in a scam that stole millions of dollars from RBS WorldPay were no fools. The small crew of hackers had a distinct division of labor, operated with skill and efficiency and left one of the world’s larger banks holding the bag.

U.S. and international prosecutors have taken down a criminal ring that they allege was responsible for an ATM scam last year that stole about $9 million from RBS WorldPay. The criminals were able to evade the company’s encryption system used on payroll debit cards and withdraw money from ATMs in 280 cities around the world.

A team of Catalan researchers has developed a protocol to distort the
user profile generated by Internet search engines, in such a way that
they cannot save the searches undertaken by Internet users and thus
preserve their privacy.  Read the full story [Science Daily]

Federal authorities on Wednesday filed intrusion charges against two
men accused of accessing the computer systems of their former employer. Scott R. Burgess, 45, of Jasper, Indiana, and Walter D. Puckett, 39,
of Williamstown, Kentucky, both worked as managers for Indiana-based
Stens Corporation until taking jobs with a competing company in Ohio,
according to an indictment filed in federal court.

Individual data compromised in a data breach is four times more likely to be used for identity theft finds Javelin Research in a multi-year study. Another key finding cited: Most consumers do not see the link between breaches and identity theft. “[D]espite 19.5 percent of breach victims
suffering some kind of fraud in the past year, only 2 percent attribute
their fraud to the breach.” Read the full article. [Dark Reading]