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IndependentKrebs

Survey: Americans Spent $1.4B on Credit Freeze Fees in Wake of Equifax Breach

Credit to Author: BrianKrebs| Date: Thu, 22 Mar 2018 14:08:46 +0000

Almost 20 percent of Americans froze their credit file with one or more of the big three credit bureaus in the wake of last year’s data breach at Equifax, costing consumers an estimated $1.4 billion, according to a new study. The findings come as lawmakers in Congress are debating legislation that would make credit freezes free in every state. The figures, commissioned by small business loan provider Fundera and conducted by Wakefield Research, surveyed some 1,000 adults in the U.S. Respondents were asked to self-report how much they spent on the freezes; 32 percent said the freezes cost them $10 or less, but 38 percent said the total cost was $30 or more. The average cost to consumers who froze their credit after the Equifax breach was $23. A credit freeze blocks potential creditors from being able to view or “pull” your credit file, making it far more difficult for identity thieves to apply for new lines of credit in your name.

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SecurityTrendMicro

GDPR vs Blockchain: Technology vs the Law

Credit to Author: William “Bill” Malik (CISA VP Infrastructure Strategies)| Date: Thu, 22 Mar 2018 13:23:30 +0000

One of the biggest impacts that GDPR will have for consumers (citizens of countries that comply with GDPR, at least) is the right to be forgotten. A person can request that they be removed from a record. What if the record is part of a blockchain? This poses a challenge for blockchain implementations. Blockchains are…

The post GDPR vs Blockchain: Technology vs the Law appeared first on .

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SecurityTrendMicro

The GDPR is Coming: We Shed Light on What’s Still Not Working

Credit to Author: Trend Micro| Date: Thu, 22 Mar 2018 12:00:20 +0000

On May 25, the biggest shake-up to Europe’s data protection laws in almost a generation will finally take effect, after years of planning. For any US organization handling data on EU citizens, including service providers, it means you could face hefty fines of up to €20m ($24.7m) or 4% of global annual turnover for non-compliance….

The post The GDPR is Coming: We Shed Light on What’s Still Not Working appeared first on .

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SecurityTrendMicro

Vulnerabilities are a Cybercriminal’s Best Friend

Credit to Author: Jon Clay (Global Threat Communications)| Date: Wed, 21 Mar 2018 13:29:14 +0000

When discussions around the ways cybercriminals and hackers are able to compromise and penetrate an organization, it regularly leads to the use of exploits and exploit kits. Because all software can contain flaws and bugs, a threat actor only has to either find a new, undisclosed vulnerability (zero-day) or use the many vulnerabilities already disclosed…

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ScadaICSSchneider

Despite the rise of electric vehicles and renewables, no disruption in short-medium term for the Oil, Gas and Petrochemical industry

Credit to Author: Eric Koenig| Date: Wed, 21 Mar 2018 17:51:34 +0000

We are not providing forecasts on the long-term future of the global energy landscape and the size and dynamics of the Oil & Gas markets by 2040. Some of the… Read more »

The post Despite the rise of electric vehicles and renewables, no disruption in short-medium term for the Oil, Gas and Petrochemical industry appeared first on Schneider Electric Blog.

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