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Security Digest

Author: Created: 12/25/2013 3:44 AM
Security Breaches Description
By Hawaiian Telcom on 3/25/2014 4:27 PM

This article was originally published in the Honolulu Star-Advertiser on March 25, 2014

Since word broke last month that Target was ultimately breached through a connection it had established with one of its vendors, many businesses are taking a hard look at what kind of access they've granted to their own vendors.

And with good reason. It will be a tough year or two for Target's shareholders, but Target will survive this. The sobering reality is that most small and medium businesses don't survive such events. With the average cost of a data breach spiraling to $188,000, 60 percent of small businesses shutter their doors within six months of a data breach.

So, what steps can small and medium-size businesses take to reduce the risk of a breach coming from an established connection with a vendor or business partner?

By Hawaiian Telcom on 1/23/2014 2:41 PM
Target Data Breach May Affect 70 Million Customers
(December 15) Customers who used a payment card at any of Target's stores nationwide between November 27, 2013 and December 15, 2013 may have had their payment card information stolen during a breach of a Target system. Customer names, addresses, email IDs, phone numbers, credit/debit card numbers, card expiration dates, card security codes, and PINs were taken and some already have appeared on the black market. Initially Target said that 40 million customers may have been affected. Since then Target has upped its estimate to 70 million. In addition, scam artists are attempting to profit from the breach by posing as Target or bank representatives and contacting customers about the breach. Target now faces at least three class-action lawsuits as a result of the breach and an investigation by the attorneys-general of all 50 states.  The breach may cost Target up to $6 billion. (Initial company advisory, Update 2, Update 3, Update 4)
By Hawaiian Telcom on 12/25/2013 3:49 AM
Security breaches

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