[Dataloss] TJX breach shows that encryption can be foiled
B.K. DeLong
bkdelong at pobox.com
Tue Apr 3 19:32:05 UTC 2007
As I previously mentioned in my "rant", (which I really should post on
Attrition), the PCI Co is not disclosing the fines and loss of
processing privileges that is going on behind the scenes. Those with
influence, (press, vendors, customers), should endeavor to have PCI co
make at least minimal information public such as number of fines per
quarter and total amount money-wise as well as how many companies lost
processing privileges.
No public accountability....very dull teeth.
On 4/3/07, Dan Good <Dan.Good at evault.com> wrote:
> Without quick severe financial penalties imposed, this will continue to
> happen. Brand Damage is not enough because the companies that breach
> confidential customer data pass the buck and blame their vendor(s).
>
> -----Original Message-----
> From: dataloss-bounces at attrition.org
> [mailto:dataloss-bounces at attrition.org] On Behalf Of Dissent
> Sent: Tuesday, April 03, 2007 3:10 PM
> To: dataloss at attrition.org
> Subject: Re: [Dataloss] TJX breach shows that encryption can be foiled
>
> Forwarded for snippage purposes.
>
> Return-Path: <james_ritchie at sbcglobal.net>
> Message-ID: <4612A466.1070707 at sbcglobal.net>
> Date: Tue, 03 Apr 2007 15:00:54 -0400
>
> So was my wife. If history can tell parts of the future, I think
> that the next item will be a suit from the FTC for unfair business
> practice which will end up with 10 m fine, 5 m relief, and every
> other year an audit from a security specialist, for 20 years. That is
> what Cardservices and Choicepoint settled with the FTC last year.
> BTW, FTC has adopted GLBA as the standard to protect Business to
> consumer relationships.
>
> Sean Steele wrote:
>
> >James,
> >
> >You pose some interesting questions re: what other regulations TJX is
> >likely non-compliant with -- as a public company, I'd guess their SOX
> >404 controls should be examined. GLBA may come into play, though
> they're
> >not a finsrv company.
> >
> >Who is their PCI-DSS auditor and are the results of their most recent
> >audit either able to be requested or legally discoverable outside a
> >lawsuit?
> >
> >The PCI Security Standards Council is a private, non-profit
> >organization, so FOIA can't be used to force disclosure from them,
> >correct?
> >
> >FWIW, I was a victim of this breach. I had my debit card re-issued by
> my
> >bank this week. It's the first one of 2007 for me ;-(
> >
> >--
> >Sean Steele, CISSP
> >infoLock Technologies
> >703.310.6478 direct
> >202.270.8672 mobile
> >ssteele at infolocktech.com
>
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> Tracking more than 203 million compromised records in 609 incidents over
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> http://attrition.org/dataloss
> Tracking more than 203 million compromised records in 609 incidents over 7 years.
>
--
B.K. DeLong (K3GRN)
bkdelong at pobox.com
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