07/10/2012 - The global cybersecurity market is expected to reach $120.1 billion by 2017, nearly twice its current size of $63.7 billion, according to a report by the Dallas-based research and consulting firm MarketsandMarkets.
07/06/2012 - 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.
06/27/2012 - 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.
06/27/2012 - 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.
06/27/2012 - 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.
SM Online: Contingency Planning \ Disaster Management
06/27/2012 - States have not made enough improvements in the areas of cybersecurity, according to the Federal Emergency Management Agency’s National Preparedness Report. Find out what other areas need improvement.
06/26/2012 - 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.