Archive for June, 2011

Citigroup Breach Now Reportedly Affecting More Than 360k

Posted on: June 17th, 2011 by Jim Collier No Comments

More than 360,000 North American credit cards were exposed in May when an attack on Citigroup infiltrated that company’s card account management website according to a report by IDG News.

The breach exposed the names, account numbers, and contact information of account holders, but not other personal information such as Social Security Numbers, dates of birth, and card expiration dates, according to the report.

Citigroup declined to provide further information on the attack, citing an on-going investigation. The company has thus far failed to explain how the breach occurred and how the company plans to keep such breaches from occurring in the future, prompting criticism from Connecticut Attorney General, George Jepson.

The New York-based financial services company initially disclosed the breach last week, claiming that only 210,000 accounts had been compromised. The company acknowledged a 20-day gap between when it became aware of the breach and when notification letters were sent to those affected.

Citi is the latest in a growing line of financial and e-commerce companies to suffer such breaches. Back in May, Finnish authorities arrested 17 individuals in connection with an attack in Nordea Finland’s online banking system. Other financial companies have suffered breaches in recent years as well, as hackers focus their energy on high-value targets to yield the more lucrative data.

As with banking itself, much of the fraud has moved online according to a 2011 study by the Business Banking Trust. The issue of attributing blame in these compromises is proving to be a contentious one as well, with a number of cases making their way through Federal and state courts questioning whether customers or the banks are to blame lapses in security.

On Thursday, BITS, a group made up of executives of leading financial services firms, published a report on malware that urged financial services companies to share more information about attacks and breaches with their counterparts, and to adopt better methods for detecting and responding to malware and other security incidents.

Welcome Kaspersky Labs to CPI

Posted on: June 7th, 2011 by Jim Collier No Comments

Kaspersky Lab delivers the world’s most immediate protection against IT security threats, including viruses, spyware, crimeware, hackers, phishing, and spam. Our products provide superior detection rates and the industry’s fastest outbreak response time for SMBs, large enterprises, home users, and the mobile computing environment. Kaspersky® technology is also used worldwide inside the products and services of the industry’s leading IT security solution providers.

We put all our resources and know-how into preventing these threats from spreading. We help educate the community at large on best practices to ensure the greatest possible online security.The success of our mission has resulted in Kaspersky Lab emerging as the world’s largest privately held anti-malware company. Founded in 1997, the company of ers its products and technologies to industry and consumers
in virtually every country around the globe. Today, more than 300+ million users worldwide are protected by our technologies. And every day, we add more than 50,000 new systems.

As a result of supporting our customers’ needs, Kaspersky Lab has grown to more than 2,000+ employees, with more than half of us focused on R&D and customer support. Our products have continually received the highest recognition for quality. During the past decade and a half, Kaspersky Lab has been leading the anti-virus industry in innovations, starting with the i rst use of external database signatures in 1992, as well as being i rst to develop and implement heuristic virus analysis and linguistic text analysis. Its international team of
experts continuously analyze the latest security trends 24/7/365, thus allowing for the industry’s fastest response time to Internet threats and enabling the business to develop new and forward-looking technologies (many of which are now commonly used in security products throughout the world) – ahead of the competition. It is the company’s mission to always stay one step ahead of its competitors in of ering excellence: the best protection possible and ensuring the company’s product portfolio remains at the vanguard of the market.

Learn more at www.kaspersky.com. For the latest on anti-virus, anti-spyware, anti-spam, and other IT security issues and trends, visit www.securelist.com.