Management Liability Update

Archive for February, 2010

Xinhua: China Cyber Attacks Against Google Pure Fabrication

Icon February 24, 2010 – 6:48 am

In its sharpest defense to date, the Chinese Government – by way of its state-controlled media outlet, Zinhua News Agency - argues that it does not make sense to blame the recent corporate hacking incidents on the Chinese Government.   According to the February 24, 2010 People’s Daily article,  “China’s attitude toward cyber attacks has been unequivocal and has [...]



FTC Points Out P2P Risk

Icon February 23, 2010 – 7:40 am

In a February 22, 2010 press release, the Federal Trade Commission states that it notified “almost 100 organizations that personal information, including sensitive data about customers and/or employees, has been shared from the organizations’ computer networks and is available on peer-to-peer (P2P) file-sharing networks to any users of those networks, who could use it to commit identity [...]



OCR Website Posts List of Breaches As Required Under HITECH Act

Icon February 23, 2010 – 7:03 am

On February 22, 2010, as required by section 13402(e)(4) of the HITECH Act, the Office of Civil Rights (OCR) website posted a list of the covered entities that have reported breaches of unsecured protected health information affecting more than 500 individuals.  By posting this information on the OCR website, OCR has met its HITECH Act obligation, which required [...]



NYT: Two China Schools Said to Be Tied to Online Attacks

Icon February 22, 2010 – 7:01 am

According to an article in the New York Times, the recent wave of APT attacks on US businesses “have been traced to computers at two educational institutions in China, including one with close ties to the Chinese military.”   This conclusion is apparently based on information gained from the forensics investigators.  Given that pretty much every [...]



WSJ: Hackers Hit 2,400 Companies and Government Agencies

Icon February 18, 2010 – 5:55 pm

According to today’s Wall Street Journal, “data compiled by NetWitness . . .  showed that hackers gained access to a wide array of data at 2,411 companies, from credit-card transactions to intellectual property.”  Starting in late 2008, the hackers are said to have gotten into corporate networks using social engineering methods.  Employees were enticed to click on Web sites [...]



China Leads the World in Hacked computers – Proving What?

Icon February 17, 2010 – 6:12 am

According to a report by McAfee, in the last three months of 2009, about 1,095,000 computers in China and 1,057,000 computers in the United States were infected and made part of botnets used to send spam or attack Web sites.  Those numbers are in addition to the 10 million previously infected computers in each country.  Stewart [...]



Identity Fraud is at an All Time High – SMBs Beware

Icon February 16, 2010 – 5:22 pm

After interviewing 5,000 folks, the latest annual Javelin study claims that the number of identity fraud victims in the United States increased 12 percent to 11.1 million adults in 2009, while the total annual fraud amount increased by 12.5 percent (or $6 billion) to $54 billion.   The report claims that small businesses are sustaining the most hits:  “They [...]



Twitter and the Benefits of NSAP Branding

Icon February 3, 2010 – 7:35 am

Twitter disclosed yesterday that it had to reset some passwords due to an exploit that really could have hit any company.  In essence, certain visitors to a fake peer-to-peer search engine signed up for an account using the same username and password they used on their Twitter accounts.  The owners of the fake P2P search engine used this information to access the [...]



Is Chinese Government Really to Blame?

Icon February 2, 2010 – 6:46 am

Just wondering.  Is the Chinese Government being set up?  One has to wonder why a year-old report by a British spy agency was only recently leaked to the press.  Among other things, the report claims that free USB memory sticks loaded with trojan software was given to business leaders and lawyers at various Chinese trade events.  Another report  recently [...]



Is the Bar Against Non-Lawyer Equity Owners Outdated?

Icon February 1, 2010 – 7:02 am

Under Model Rule of Professional Conduct 5.4, “[a] lawyer or law firm shall not share legal fees with a nonlawyer” except under very limited circumstances.  Accordingly, it has long been the rule that only lawyers could manage or have an ownership interest in a law firm.   That is why, for example, no law firm (at least [...]