BankInfoSecurity: Monday, March 1, was the deadline for entities doing business in Massachusetts to comply with a tough new state law designed to safeguard residents’ personal information. … The new law, Massachusetts identity theft regulations, 201 Code of Massachusetts Regulations 17.00, applies to any individual, company or organization that handles personal information in connection with employment or the sale of goods or services. Under the law, Massachusetts will require any entity that stores or transmits residents’ personal information to encrypt the data when it’s stored on portable devices or transmitted via the Internet. … The state’s goal is to stop data breaches that in the last two years exposed the personal information of more than 1.05 million people in Massachusetts.
New York Times: Many months behind schedule, the Department of Defense on Friday issued a new policy that, on the surface, seems likely to expand access to popular social networking sites like YouTube, Facebook and Twitter by troops using military computers. … The new policy, which can be found here, says that the default policy of the department will be to allow access to social networking sites from the military’s non-classified computer network, known by its acronym, NIPRNET (for Non-classified Internet Protocol Router Network.)
BBC: A man who created a website trading in stolen financial information linked to tens of millions of pounds in losses has been jailed for nearly five years. … Renukanth Subramaniam, 33, founded Darkmarket, a “Facebook for fraudsters” where criminals could buy and sell credit card details and bank log-ins. … The site was shut down in 2008 after an FBI agent infiltrated it, leading to more than 60 arrests worldwide.
ComputerWeekly: Intel regularly faces cyber attacks by intellectual property thieves and malicious hackers, the chip maker’s latest report to the US Securities and Exchange Commission reveals. … The company admits that one recent and sophisticated incident occurred in January 2010 and that such attacks are sometimes successful.
KrebsOnSecurity: A New York marketing firm that as recently as two weeks ago was preparing to be acquired now is facing bankruptcy from a computer virus infection that cost the company more than $164,000.