On September 2, FIC partner Ron Raether spoke at the Cyber Security Forum hosted by the Cincinnati Business Courier. Ron and fellow FIC attorney Scot Ganow regularly speak and write on the latest issues affecting cybersecurity, including breach response, data privacy, and data governance. Check out some of their latest commentary at the following links:
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September 2, 2015
I have always written and spoken about the individual value for privacy and when it is violated, how that violation can be very personal and akin to trauma. The recent breach at Ashley Madison and the potential harm it may unleash on the customers and their loved ones demonstrates these principles all too well, unfortunately. Recently, I was asked to join Mike McConnell on 700 WLW radio in Cincinnati to discuss the breach and what businesses can learn from it. In this short recording, we discuss the breach itself, what companies can do, and the state of the world in which hackers are becoming more aggressive and businesses are finding themselves continually on the defensive preparing for IF, not WHEN.
August 28, 2015
Millions of men and women around the world woke up this morning in a panic. Last night, tech websites reported that on Tuesday, August 18, 2015, a group of hackers publicly posted the names, email addresses, and credit card information belonging to AshleyMadison.com customers. AshleyMadison.com, with the slogan “Life is short, have an affair,” is a dating website marketed to men and women seeking to cheat on their significant other or spouse. Like many dating sites, users fill out an account with as many personal details as he or she sees fit, pays with a credit card, and then is free to send messages, flirt, and set dates with other users. It facilitates the cheating process by giving users a one-stop shop to have an affair.
The irony in maintaining a clandestine affair via the site is that the customer must trust the site to keep all information private. This is AshleyMadison.com’s business model: facilitate an affair and reassure the customer that his information and activity is safe from disclosure. The site holds the user’s name, address, contact information, credit card information, and any scandalous messages or notes that the user has drafted to fellow philanderers. Up until now, this business model was pretty successful: AshleyMadison.com recently disclosed that it has over 37 million customers.
August 20, 2015