Tag: Policy

Privacy: From Right To Fight

As more and more of our public and private spaces are equipped with remote sensing and surveillance technology, personal privacy – at least as it has been understood for the last two or three centuries – is endangered. The solution, of course, is through improved privacy legislation and, perhaps, a more expansive reading of the U.S. Constitution’s 4th Amendment protecting against search and seizure. But, with policymakers in Washington D.C. stuck in a rut, and many EU nations as hooked on surveillance as the U.S., the onus falls to individuals to do what they can. That’s the subject of my latest column for ITWorld, where I talk about what is likely to be the next stage in our society’s rapid evolution on matters of privacy and security, what I’ve termed “The Jamming Wars.” Like other social movements, this will be fueled by a growing rift between the law and a […]

Microsoft Set To Pay First Bug Bounty For IE Hole

Weeks after launching its first, formal bug bounty program, Microsoft is set to issue its first monetary reward, according to a blog post by Katie Moussouris, the Senior Security Strategist at Microsoft’s Security Response Center (MSRC). Writing on Wednesday, Moussouris said that the company has received “over a dozen” submissions since it launched the paid bounty program on June 26, and that “I personally notified the very first bounty recipient via email today that his submission for the Internet Explorer 11 Preview Bug Bounty is confirmed and validated. (Translation: He’s getting paid.)” Last month, Microsoft announced its new policy to pay for information about serious vulnerabilities in its products. The company had long maintained that it provided other kinds of rewards for information on software holes – mostly recognition and jobs – and didn’t need to offer bounties, as firms like Google, The Mozilla Foundation and Facebook do. In launching the new […]

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Beware BitCoin Users: The Tax Man Cometh!

Beware you barrons of BitCoin – you World of Warcraft one-percenters: the long arm of the Internal Revenue Service may soon be reaching into your treasure hoard to extract Uncle Sam’s fair share of your virtual treasure. That’s the conclusion of a new Government Accountability Office (GAO) report on virtual economies, which found that many types of transactions in virtual economies – including bitcoin mining and virtual currency transactions that result in real-world profit – are likely taxable under current U.S. law, but that the IRS does a poor job of tracking such business activity and informing buyers and sellers of their duty to pay taxes on virtual earnings. The report, “Virtual Economies and Currencies: Additional IRS Guidance Could Reduce Tax Compliance Risks” (GAO-13-516) was released this week. It was prepared in response to a request from the U.S. Senate Committee on Finance, which asked GAO to look into virtual […]

Fraud Analytics: You’re Doing It Wrong!

Podcast: Play in new window | Download () | EmbedSubscribe: Apple Podcasts | Android | Email | Google Podcasts | Stitcher | TuneIn | RSS | https://www.securityledger.com/subscribeOne of the most vexing problems in computer security today is distinguishing malicious from legitimate behavior on victim networks. Sophisticated cyber criminals and nation-backed hacking groups make a point of moving low and slow on compromised end points and networks, while victim organizations are (rightly) wary of disrupting legitimate business activity for the sake of spotting a breach. In this Security Ledger Podcast, Paul interviews Jason Sloderbeck, Director of Product Management at RSA, EMC’s security division.  Jason talks about RSA’s Silvertail fraud analytics technology, and the organizational and technology issues that keep victims from spotting attacks. One of the big mistakes organizations make when they investigate attacks, Sloderbeck said, is focusing too narrowly on a point in time during a web session that is felt to […]

FDA: Medical Device Makers, Hospitals Need To Boost Cyber Security

The U.S. Food and Drug Administration (FDA) has issued guidance to medical device makers and hospitals that use their products to pay more attention to cyber security and the potential for cyber attacks on vulnerable medical instruments.   The FDA released its “Safety Communication for Cybersecurity for Medical Devices and Hospital Networks” on Thursday – the same day that the Department of Homeland Security’s ICS (Industrial Control System) CERT issued a warning about the discovery of hard coded “back door” passwords in some 300 medical devices from 40 separate vendors, including drug infusion pumps, ventilators and patient monitoring systems. The FDA said it expects device makers to “review their cybersecurity practices and policies to assure that appropriate safeguards are in place to prevent unauthorized access or modification to their medical devices or compromise of the security of the hospital network that may be connected to the device. Hospitals were instructed to harden […]