In the News–Cybersecurity
Hackers raid eBay in historic breach, access 145M records
Josh Lipton, CNBC, May 22, 2014
EBay says a cyberattack breached a database containing passwords and other non-financial data. CNBC’s Josh Lipton and Davia Temin, president and CEO of Temin and Company, provide perspective. […read more]
EBay says client information stolen in hacking attack
CNBC/Reuters, May 21, 2014
E-commerce company eBay said client identity information including emails, addresses and birthdays was stolen in a hacking attack between late February and early March.
EBay urged users to change their passwords after the attack on a database that also contained encrypted passwords, physical addresses and phone numbers.
It said it found no evidence of any unauthorized access to financial or credit card information.
Davia Temin talks with CNBC’s Josh Lipton about the breach. […read more]
Target CEO Ouster Shows New Board Focus on Cyber Attacks
Matt Townsend, Lindsey Rupp and Jeff Green, Bloomberg, May 6, 2014
Chief executive officers beware: Data breaches can now cost you your job.
Yesterday Target Corp.’s board ousted CEO Gregg Steinhafel in the wake of a hacker attack that compromised the personal data of millions of shoppers during the holiday season. Steinhafel’s main error was to move too slowly in shoring up the chain’s defenses even after being warned that point-of-sale terminals were vulnerable to cyber criminals.
His fall reverberated in corporate boardrooms everywhere. Since revelations that Target, luxury chain Neiman Marcus Group Ltd. and arts-and-crafts retailer Michaels Stores Inc. had all been hacked late last year, company directors have embarked on a crash course to understand the threat and how to combat it.
Davia Temin shares her thoughts on the risks to CEOs and the response necessary for these types of crises. […read more]
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