Radiflow reports that they discovered cryptojacking software -- malware that mines cryptocurrency -- running in the monitoring and control network of an unnamed European water utility, the first such discovery, and a point of serious concern about the security and integrity of critical infrastructure to both targeted and untargeted attacks.
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In 2014, Home Depot disclosed a security breach of 53 million customer credit cards and 56 million email addresses. This week the company settled a class action lawsuit and agreed to pay as much as $19.5 million in damages and compensation. Read the rest
Two business-school researchers have published a literature survey in the Harvard Business Review that makes the case against using performance-pay to motivate senior managers. Read the rest
In an interview with the WSJ's CIO blog, Lawrence Lessig proposes that the existence of cryptographic tools that allow for "zero-knowledge" data-querying, combined with the potential liability from leaks, will drive companies to retain less data on their customers. Read the rest