Radian Compliance Management Services

Compliance News

Thursday, October 11th, 2007

Recent Industry Headlines

 www.itcinstitute.com peruses the Internet headlines so you don’t have to. Here are the recent headlines (and links) we felt newsworthy:

 · DHS publishes draft of its cyber security handbook

 Document covers security essentials but is not intended to be treated as official guidelines

 · 2008 presidential campaign may be ripe for cybercrime, experts warn

 Fraudulent typo sites are already proliferating around legitimate campaign sites

  · German court forbids retention of identifying Web data by government Web sites

 German federal ministries may have to abandon the practice

  · VA suffers major IT glitch in California

 Seventeen facilities were knocked off-line for nine hours

  · New wiki serves federal IT workers

 Volunteers assemble a central point of reference concerning US government IT activities

  · SEC demands greater clarity for executive compensation disclosures

 Less boilerplate, more plain English, plus charts and tables would be desirable, agency notes

 · Hospital suspends 27 workers for accessing George Clooney’s medical records

 HIPAA violation follows the movie star’s injury in a motorcycle accident

  · Disk drive pioneers win Nobel Prize

 Physics Prize goes to two scientists who discovered the physical effect that makes miniature hard drives possible

  · Lawyers lament UK e-discovery rules

 Forty-three percent believe that the new electronic discovery rules confuse judges and drive up the cost of litigation

  · Cost of security breaches will grow 20 percent annually through 2009, predict analysts

 Simply avoiding vulnerabilities is often the best defence

  · IT labor is now the lead CIO headache, survey finds

 Business alignment headaches were pushed to the number two slot

  · Access identity management is the chief priority of bank CIOs, survey shows

 Most report repeated external breaches in the last year

 · Budget for possible recession next year, experts urge

 Despite an 8 percent jump and over $3 trillion spent in IT for 2007, experts warn of a potential recession in 2008

  · NASA scientists lose HSPD-12 privacy lawsuit

 Scientists objected to renewed background checks prior to receiving smart ID cards

  · GSA pulls plug on California domain name while reacting to porn report

 Quick action restored the situation before the state government was cut off from the Internet

  · Chinese Web security site is itself hacked

 Visitors were infected with a Trojan that attacks Chinese browsers

  · Malware flood is drowning the AV software industry, experts fear

 But others point out that the security experts have a few tricks of their own

  · Dual errors lead to massive spam eruption

 Use of reply-all when BCC was not invoked triggers e-mail free-for-all

  · Pump-and-dump spam down 30 percent following SEC suppression efforts

 Spam-related complaints to the SEC are down 50 percent

  · Retailers rebel against PCI DSS requirements

 They say they shouldn’t even be required to store the data that they are required to protect

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