Reminders

It's the Holiday Season, and Open Season for Identity Theft

By Michael Versace – December 5, 2013
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Three days in a row. Today Chase reported a mid-summer breach of 465K pre-paid card accounts. Together with digital identity losses reported on the 4th by Facebook, Google, and Twitter (2,000,000 hacked accounts), and the debit and credit card system failures at RBS and NatWest on the 2nd that affected thousands of banking customers in the middle of peak shopping hours (not enough IT, says CEO Ross McEwan), traditional identity systems and networks based on cards, PINs, passwords, SSN, firewalls, and marginally successful security strategies (PCI DSS 3.0 for one) continue to fall prey to IT complexity gremlins and hackers.

 

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Michael Versace

Research Director, Digital StrategyIDC

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