Cryptojacking malware discovered running on critical infrastructure control systems

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. Read the rest

Home Depot might pay up to $0.34 in compensation for each of the 53 million credit cards it leaked

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

Harvard Business Review: Stop paying executives for performance

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

Lessig on how the economics of data-retention will drive privacy tech

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