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Court Rules Bank May be Negligent for Fraudulent Transactions

- A federal appeals court in Boston ruled Tuesday that a bank may have been negligent in failing to monitor and block fraudulent transactions in 2009 that led to losses of about $345,000 from the account of the plaintiff, the Maine-based company Patco Construction.

Editor's Note: Complacency Over Cyberthreat Decried

- It’s time to take cyberthreats seriously.

Morning Security Brief: Japan Finalizes Fukushima Report, Disaster Triage, British Cybersecurity, and More

- Japan finalizes its investigative report on Fukushima Daiichi nuclear plant. Michigan is working to develop a transparent disaster medical triage system. British officials are accused of sending mixed messages about cybersecurity at a national conference. And more.

EU Data Security Rules

- As the European Union works toward revising the 1995 rules, companies may want to get a head start on implementing some provisions.

Data Security

- A bill (H.R. 4257) that would require the federal government to improve its data security procedures has been approved by the House of Representatives. It is now pending in the Senate Homeland Security and Government Affairs Committee.

Information Sharing

- A bill (H.R. 3523) that would encourage information sharing on cybersecurity between the government and the private sector has been approved by the House of Representatives and is now pending in the Senate Intelligence Committee.

Data Theft

- The U.S. Court of Appeals for the Ninth Circuit has ruled that an employee did not violate the federal Computer Fraud and Abuse Act (CFAA) when he downloaded confidential information from his employer with the intent to start his own business. The CFAA, the court noted, was designed to prevent hacking and does not apply in this case because the employee had access to the information for work purposes. The decision conflicts with CFAA rulings from the Fifth, Seventh, and Eleventh circuits.

Encryption Critical in Healthcare

- Encryption technology, as well as security protocols and safeguards, are crucial to protecting patient data and complying with regulatory standards.

FTC Files Suit Against Wyndham for Breaches

- The Federal Trade Commission filed suit Tuesday against the hospitality company Wyndham Worldwide and three of its subsidiaries, accusing them of data security failures that led to three breaches in less than two years.

Morning Security Brief: Colorado Wildfires, Goodbye Stuxnet, Attackers Target Blueprints

- Colorado wildfires set a record for homes destroyed. Stuxnet goes offline. A new industrial espionage worm rears its head. And more.

Man Charged with Hacking DOE Network

- A Pennsylvania man was arrested last week on charges of hacking into computer systems belonging to organizations including the Department of Energy (DOE).

Dutch Man Accused of Marketing Stolen Credit Card Data

- A Dutch citizen appeared in court in Seattle last week as part of a 14-count indictment on charges that included marketing and selling stolen credit card numbers.

EU Data Security Rules

- As the European Union works toward revising the 1995 rules, companies may want to get a head start on implementing some provisions.
 




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