Specialized Cyberattacks

At the retail level, hackers can seize a consumer’s identity and financial assets without leaving a trail for law enforcement to follow. Identity theft inflicts an average loss of $5,100 on each of the twelve million US victims each year.  Most of us know a relative or acquaintance whose credit card details or personal information […]

Website Operators Held Accountable for Others’ Misdeeds as Well As For Their Own

In the early 1990s, the Internet was like the unbridled Wild West of the 1890s.  In the early 1990s, standards of Internet practice were almost nonexistent.  You could start almost any kind of business you could afford and there were no Internet Sheriffs to enforce common sense, let alone “the law.”  The standards were only […]

Cyberattacks Keep Coming

Fighting today’s cyber malware is not like the game of “whack a mole.”   There used to be something satisfying about whacking the mole back under the game surface.  Back then our computers could be worm and virus free if we used smart passwords, antivirus protection, and we resisted social engineering scams.  But today’s malware attacks […]

We Can Be Sure of Death and Taxes, and Cyberattacks

When it comes to cyber security, our government, politicians and consumer media are ready to react, but they sometimes focus on the wrong issue or allow political sentiment to write the story. In 2017, more cyberattacks are expected on government departments and agencies and on critical infrastructures. Likewise, there will be more attacks on merchant […]

In Cybersecurity, Some Regulations May Hike Productivity

Cyberattacks are distressingly common.  Chronicles of these criminal attacks against US government institutions and corporations are much alike — private information for thousands or millions of victims is exposed to misuse by criminals who are seldom identified or caught.  The database operator offers its regrets to the consumer victims and as penance pays for a […]

Observations on Enhancing National Cybersecurity

The worldwide damage inflicted by cyberattacks is estimated to be $575 billion per year, of which $125 billion is here in the US. Those who steal personal financial information rack up charges on credit cards causing a loss to credit card companies or retailers. Sometimes the criminals engage in the more damaging identity theft from […]

Disparity in Penalties for Financial Crimes Versus for Massive Hacking

About 5,300 Wells Fargo employees took advantage of their employer’s incentive bonuses by creating 1.5 million deposit accounts and 565,000 credit cards without the customers’ awareness.  Wells Fargo admitted the misbehavior and seems determined to do the right thing by its customer.  It fired 5,000 and to identify the problem in detail, it set in […]

ACI in the Daily Caller: When It’s your turn to Be Hacked!

Willie Sutton said he goes after banks because that is where the money is. Hackers go after retail databases because that’s where the data is. Willie’s banks knew they’d been robbed when they heard bullets hitting the wall. Today’s retail outlets may get a firewall breach alarm but confirmation comes when banks start telling the […]

Cybersecurity–Our Worst People Can Defeat Best People

Most of us presume that official intelligence agencies run with deep paranoia, rarified sophistication, and beyond the control of laws that apply to the public at large.  Their target is to harvest warnings of enemy penetrations of our security and to discover our enemies’ capabilities and activities.  We cannot be sure how well they perform […]

Cyber-Attack Detection is Difficult, Needs Monitoring

Despite cyber-prowess and a staggering and secret budget, US intelligence agencies appeared unable to halt a deep and sustained invasion of sensitive federal information.  In May, an attack hit the IT system of the Office of Personnel Management (OPM) and its data stored at the Department of the Interior’s data center. Information for about 4 […]