Attention - Password and Security Update - Page 6 - Home Theater Forum and Systems - HomeTheaterShack.com

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post #51 of 53 Old 06-30-16, 06:06 PM
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Re: Attention - Password and Security Update

Reading that article the only thing that comes to mine is... what does enforcing stricter password policies on the users accomplish? Pissing them off. That's it. Stronger user passwords would have not done a thing to prevent the breach.
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post #52 of 53 Old 07-01-16, 03:26 PM
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Re: Attention - Password and Security Update

I agree. But it's normal; if we were running a big company with many websites of the Internet it would be much easier to mention stronger passwords than have our own security system strong enough to protect millions of customer's accounts. It's always easier to blame others for irresponsible passwords' selections than to take responsibility for our own actions.
Just wait another six months or so to see where VerticalScope would be @. ...Massed action civil lawsuits is a high probability.
That article, and others on the consequences from breach of security are very informative as to the future consequences. ...It takes roughly a year before full escalation.

We cannot be blindfolded, lead to believe that time will fix everything. ..To the contrary. IMHO

This taken from that article:
_______

The Cost of Data Breaches

The news of the breach broke out not long after a slew of social networking sites were reported to have become victims of year-old data breaches that have just been discovered and disclosed recently. At the onset of June, the Federal Bureau of Investigations (FBI) has issued a public service announcement aimed at warning the public of an onslaught of extortion schemes that came after known social sites have been breached. The scammers are leveraging the emergence of data dumped in the underground from LinkedIn, Tumblr, Fling, and even Myspace, sold at varying prices.

[Read: Spate of megabreaches result to extortion schemes]

In Trend Micro’s research paper, Follow the Data: Dissecting Data Breaches and Debunking Myths, researchers highlight that the value of knowing the trail of data after it was stolen from the enterprise is as significant as determining who was affected by the breach and how they can recover.

Perpetrators behind every successful breach treat the database of its target as a goldmine as the amount of data that these databases house could easily translate to profit or could be used essentially as an ingredient in staging another attack.

In the recently disclosed data dump of stolen account information of LinkedIn members, a hacker with the moniker peace_of_mind, or more commonly known as Peace, sold 117 million records containing both emails and passwords at a rate of 5 bitcoins or an amount totaling to 2,200 USD. For a cybercriminal with malicious intent, that is the price to pay to take over troves of sensitive information that could be used in other attacks. For a company, damages for breaches this big could translate to millions of losses.

___________

The full article is a very good read.

And those are only few sites from the Tech sector where all member's accounts were stolen/hacked:
{Remember, 1,100 sites affecting 45 million people.}

http://www.verticalscope.com/technology/site-list.html

________

Did you notice a huge change here @ HTS for the last two weeks? That's right...it is mostly a ghost town...everyone have deserted.
These aren't the best times. ...For not only here but for over there too.

________

Happy Canada Day and 4th of July! God bless you all. ...In times of joy and in times of sorrow.

~Bob / Life, Love & the Blues
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post #53 of 53 Old 07-15-16, 03:37 PM
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Re: Attention - Password and Security Update

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