FCC Proposes to Fine Wireless Carriers $200M for Selling Customer Location Data

Credit to Author: BrianKrebs| Date: Fri, 28 Feb 2020 22:12:10 +0000

The U.S. Federal Communications Commission (FCC) today proposed fines of more than $200 million against the nation’s four largest wireless carriers for selling access to their customers’ location information without taking adequate precautions to prevent unauthorized access to that data. While the fines would be among the largest the FCC has ever levied, critics say the penalties don’t go far enough to deter wireless carriers from continuing to sell customer location data.

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A Chief Security Concern for Executive Teams

Credit to Author: BrianKrebs| Date: Tue, 18 Dec 2018 21:23:10 +0000

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. But you’d be forgiven if you couldn’t tell this by studying the executive leadership page of each company’s Web site. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. Even among top tech firms, less than half list a chief technology officer (CTO). This post explores some reasons why this is the case, and why it can’t change fast enough. KrebsOnSecurity reviewed the Web sites for the global top 100 companies by market value, and found just five percent of top 100 firms listed a chief information security officer (CISO) or chief security officer (CSO). Only a little more than a third even listed a CTO in their executive leadership pages.

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Amazon third party sellers: A new threat

Credit to Author: William Tsing| Date: Fri, 14 Apr 2017 15:00:06 +0000

On Monday, the Wall Street Journal reported a wave of hijacked Amazon seller accounts that proceeded to fleece buyers for large sums of money. As reported here, attackers would use credentials harvested from other breaches to take over the account, then either simply redirect funds to their own deposit account or create lots of fake…

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