Category archives for: Financial Security

Government commission say regulators failed in 2008 stock market crash

Stock-market-crash-2010

The government commission that investigated the financial crisis said two presidential administrations and the Federal Reserve Bank shared the blame. “The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done,” the report says. “If we accept this notion, it will happen [...]

Identity Theft, Data Breaches Jump 33% in 2010

The Identity Theft Resource Center (ITRC) recorded 662 data breaches in the United States in 2010, a nearly 33 percent increase from 2009. To cybersecurity analysts, this is further proof that organizations that handle and store sensitive digital data need to do a much better job. Paper breaches accounted for nearly 20 percent of all [...]

Using Social Media Passwords With Critical Accounts

InformationWeek reports, “All the major sites–Facebook, MySpace, Twitter, LinkedIn–have the same minimum password length of six characters. And password complexity checks are few and far between. Facebook and LinkedIn have no complexity checks. For MySpace, some complexity checking is enabled; however, users can enter a password of ‘123456.’ Twitter has a basic complexity check based [...]

BusinessWeek Publishes Big Investigation on Click Fraud

Click Fraud, the practice of generating automatic clicks on search ads, is becoming a significant threat to search engine advertising, according to a BusinessWeek cover story. The article exposes how Google and Yahoo are passively profiting from click fraud and, in theory, “have an incentive to tolerate it.” According to a BusinessWeek investigation, there’s a thriving [...]

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