In this industry perspective, Thomas Hofmann, the Vice President of Intelligence at the firm Flashpoint* warns that the effects of data breaches can often be felt months or years after the actual incident, as stolen data bubbles up in underground marketplaces. He has three pieces of advice for companies that want to develop an incident response plan that mitigates the damage of breaches in the short term and over the long term.
Officials in the Nansha District of Guangzhou, China plan to allow citizens to use the WeChat social networking application as a form of official identification for access government and private sector services, Security Affairs reports.
In-brief: Equifax said on Friday that its Chief Information Officer and Chief Security Officer had “retired” in the wake of a massive data breach that leaked sensitive on some 143 million people.
In-brief: Beset by a plunging share price, class action lawsuits in dozens of states, pending Congressional hearings and a FTC investigation, Equifax on Wednesday finally settled speculation and named a six month old hole in a common software platform, Apache Struts, as the cause of a massive hack.
In-brief: Companies like Microsoft and Google have both unveiled initiatives that de-emphasize the traditional, static, alpha-numeric password in recent days. So is the password going the way of the horse and buggy? Don’t be so sure, says Robert Capps of the firm NuData. Capps thinks that passwords will be with us for the foreseeable future and that companies concerned about security need to do more than just find a more secure way to log-in.