The Countrywide insider case appears bigger than initially revealed.
After first informing the State of Massachusetts that only three of its citizens were affected by the data theft, Countrywide has now revealed that, as a result of an internal investigation, as many as 45,282 Massachusetts residents are "at risk."
There were two crashes heard within the banking industry on Monday.
One was the stock market, which suffered its biggest drop since the aftermath of the terrorist attacks of 2001 - the Dow Jones industrial average alone lost 504 points, or 4.4%. The Nasdaq composite lost 3.6%.
But the second crash may have been...
Career opportunities abound for people interested in entering information security as an entry-level or mid-career position.
In this exclusive interview, Matt Bishop, Professor of Computer Science at UC-Davis, discusses:
His current projects, including vulnerability analysis and the insider threat;...
This is a transcript of a recent webinar, Insider Threats - Safeguarding Enterprise Information Assets, sponsored by Imprivata. This session discusses the need and importance for convergence of physical and logical access control. To highlight the significance, Imprivata showcases their revolutionary product,...
Everyone was watching the Olympics this past month and saw lots of records being broken. But there is one record no one want to be included in -- the record number of 449 data breaches that have happened (and been made public) and recorded by the Identity Theft Resource Center.
Unfortunately for some unlucky...
Interview with Matt Bishop, Professor of Computer Science, UC-Davis
Career opportunities abound for people interested in entering information security as an entry-level or mid-career position.
In this exclusive interview, Matt Bishop, Professor of Computer Science at UC-Davis, discusses:
His current...
With four months to go in 2008, the number of data breaches on the Identity Theft Resource Center's (www.idtheftcenter.org) Breach List has already passed the 446 breaches reported by ITRC for all of 2007.
Last Friday, the number of data breaches hit 449. ITRC's founder Linda Foley cautiously says this milestone is...
Maybe the Countrywide television ads that constantly run on cable news shows I watch on weekends will now tout, "Finance your mortgage with Countrywide, and have your identity stolen at the same time for mere pennies."
The recent arrest of a former Countrywide employee in the insider identity theft case, where an...
"Whitelisting" is a new twist on information security. Instead of trying to find a software solution that keeps all of the potential bad guys out of your systems, whitelisting allows you to establish a protection layer that grants access to only your finite list of good guys - individuals or applications.
In this...
In the wake of the arrests of 11 hackers tied to the TJX data breach, security experts everywhere are warning of bigger, bolder threats to come.
So, what should banking institutions have learned from TJX-style breaches, and what can they do now to protect their customers and critical financial/informational...
To me, it was a given.
In the wake of recent news of IndyMac and other bank failures, it seemed safe to say that U.S. banking institutions were dealing with a bit of a crisis of confidence. I mean, I didn't imagine that line of anxious customers outside IndyMac, did I?
But then I got a recent note from a...
A former Countrywide Financial Corp. employee was arrested by the Federal Bureau of Investigation earlier this month in Los Angeles for stealing and selling sensitive personal information, including social security numbers on an estimated 2 million mortgage loan applicants from around the country for the last two...
Interview with Cyber Crime Expert Eric Fiterman
In the wake of the arrests of 11 hackers tied to the TJX data breach, security experts everywhere are warning of bigger, bolder threats to come.
So, what should banking institutions have learned from TJX-style breaches, and what can they do now to protect their...
It could be the draft of an important document that sits on the desktop of an employee's computer, or it could be the excel spreadsheet with sensitive information that an employee took home to work on, then copied onto their home PC. Documents such as these are hiding out in a financial institution as "unstructured...
Talk about a harmonic convergence.
Just as the major banking regulatory agencies went before the Senate committee recently to deliver their "State of the Banking Industry" addresses, I was sitting back and starting to think about drafting the questions for our next State of Banking Information Security survey.
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