Recent data breaches at Sony's PlayStation Network and at e-mail service provider Epsilon will lead to legislation focused on improving cybersecurity at U.S. companies, the chairwoman of a U.S. House of Representatives subcommittee said Thursday.
The U.S. Congress needs to pass new data security regulations for businesses in response to recent data breaches at Sony, Epsilon and other companies, members of a U.S. House of Representatives subcommittee said Wednesday.
The ultimate fee for the data breach last month at email service provider Epsilon could reach as high as $4 billion, depending on what becomes of the data that was stolen, according to a cyber-risk advisory firm.
E-mail marketing giant Epsilon will build an industry-leading security system in response to a March 30 breach in which thieves gained access to the e-mail addresses and names of partner's customers, the CEO of Epsilon's parent company said Thursday.
Seems that the recent Epsilon breach has rankled a couple members of the U.S. Senate who are now pushing for further investigation into the irritating violation of privacy.
A press feeding frenzy followed the somewhat vague April Fools Day announcement by Epsilon Data Management that someone had hacked into its systems and stolen a bunch of email addresses. The addresses were of people who had "opted in" for email marketing by a bunch of major vendors such as Target and Red Roof Inns, and many of the vendors sent announcements of the breach to their customers (I got such an announcement from a vendor I had purchased a present from for my wife. The announcement did not say all that much, essentially it told me to "be careful".).
Most of the time I only hear from my credit card companies when I owe them money or when they want to sell me a new service. That's changed; now I'm being bombarded with notes telling me that a company I never heard of has been successfully hacked and these still unknown bad guys now have my name and e-mail address -- and maybe more.
JP Morgan Chase and the Kroger supermarket chain are warning customers that their names and e-mail addresses may have fallen into the wrong hands after someone broke into computer systems at e-mail marketing giant Epsilon.