Writings by Fernando M. Pinguelo

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TD Bank Trade Secret Suit Highlights Data Theft Risks

How will TD Bank recover from this trade secret lawsuit? Employees often pose the greatest threat to a company’s proprietary information. In fact, a Symantec study found that half of employees surveyed who had left jobs within the past year took corporate data with them. In New Jersey, TD Bank is currently embroiled in a […]

Author: Fernando M. Pinguelo

December 4, 2014

SIMFA Releases Cybersecurity Principles for Regulating Financial Industry

Improving cybersecurity remains a top priority for the financial services industry, which has been one of the hardest hit by data breaches in recent years. Improving cybersecurity remains a top priority for the financial services industry, which has been one of the hardest hit by data breaches in recent years. However, in order to develop […]

Author: Fernando M. Pinguelo

November 4, 2014

Cyber Attorney

Study Confirms that Size Matters When it Come To Cyber Security

Bigger is better when it comes to cyber security. With the exact toll of the cyber attack on JPMorgan still looming and the White House and Wall Street watching very closely, we are reminded daily about the importance of cyber security. October is National Cyber Security Awareness Month, which makes it an excellent time to […]

Author: Fernando M. Pinguelo

October 15, 2014

Data Security Spotlight: Could BYOD Mean Bring Your Own Disaster?

New Jersey businesses are increasingly allowing employees to use their own devices to perform work tasks, such as responding to client emails, scheduling meetings, and preparing reports. The practice even has its own catchy moniker, “BYOD.” While carrying a single device may be convenient for workers, many businesses and their employees fail to appreciate the […]

Author: Fernando M. Pinguelo

September 12, 2014

Scarinci Hollenbeck

CIA Controversy Highlights Data Threats Often Come From the Inside

Malicious insiders and disgruntled employees are one of the greatest security threats to U.S. businesses. While the same would be true for the federal government, the recent CIA controversy adds a unique perspective to that reality. The U.S. Central Intelligence Agency (CIA) recently admitted to hacking a computer network used by the Senate Intelligence Committee. […]

Author: Fernando M. Pinguelo

August 4, 2014

Should You Be Protecting Your Business Emails from Prying Eyes?

Would you send an important communication on a postcard? For most businesses, the answer is likely no. Yet companies send unsecured business emails every day, which share many of the same characteristics as postcards. These messages can be intercepted and read by entities other than the intended recipient. The identity of the sender can also […]

Author: Fernando M. Pinguelo

July 24, 2014

Is Cybersecurity a Top Priority in Your Boardroom?

Cybersecurity deserves the attention of a company’s top executives, according to the Securities and Exchange Commission’s Luis Aguilar. Commissioner Aguilar addressed growing data protection concerns during his remarks at the “Cyber Risks and the Boardroom” Conference at the New York Stock Exchange earlier this month. “Effective board oversight of management’s efforts to address these issues […]

Author: Fernando M. Pinguelo

June 26, 2014

The FTC Snapchat Settlement and Your Company's Privacy Policies

As it turns out, Snapchat messages do stick around. While this may not mean much to those over the age of 25, the company’s resulting settlement with the Federal Trade Commission (FTC) offers several useful lessons for New York and New Jersey businesses. Snapchat is a mobile messaging application that allows users to send photos, […]

Author: Fernando M. Pinguelo

June 13, 2014

New Report: Cost of Data Breaches on the Rise

eBay is the latest U.S. company to suffer a serious data breach, so whats the cost of data breaches? When it affects such a large company? Late last month, the online auction site revealed that hackers had gained access to its primary database, which was used to store user passwords. Although the company maintains that […]

Author: Fernando M. Pinguelo

June 11, 2014

Cyberattack

FTC Releases Report on Data Brokers

Data brokers are businesses that collect consumers’ personal information and resell or share that information with others. Data brokers are important participants in the Big Data economy. After its lengthy investigation of the data-broker industry concluded, the Federal Trade Commission (FTC) released its report titled “Data Brokers: A Call For Transparency and Accountability.” The report […]

Author: Fernando M. Pinguelo

June 4, 2014

eBay Data Breach: How is it Different this Time?

By Fernando M. Pinguelo and Daniel Sodroski Last week, eBay, Inc. disclosed that its database containing sensitive customer information was stolen as early as February of this year. While customer password databases have been the target for cybercriminals in the past, eBay’s Data Breach is unique because it is more than just an attack on […]

Author: Fernando M. Pinguelo

May 28, 2014

Is eBay’s recent Data Breach the Biggest Data Breach in U.S. History?

Maybe not, but close enough to warrant attention. By Fernando M. Pinguelo and Daniel Sodroski As early as in February 2014, eBay, Inc., a multi-billion dollar company that services and manages one of the world’s largest user-to-user auction websites, had significant customer information stolen. Cybercriminals who gained access to the company’s internal and customer databases […]

Author: Fernando M. Pinguelo

May 22, 2014

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