The Danger in Not Erasing Data

A study by two MIT students highlights the major issues with simply selling old hard drives online.  The study, titled “A Remembrance of Data Passed: A Study of Disk Sanitization Practices,” examined 158 disk drives acquired from computer shops, salvage yards, swap meets, and eBay Inc.’s online auction site eBay.com. According to the analysis, 117 […]

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Morgan Stanley to Pay $35M Fine for Exposing Information of Millions of Customers

Morgan Stanley’s settlement highlights the dangers of outsourcing your hard drive destruction. Morgan Stanley Smith Barney has agreed to settle charges with the US Securities and Exchange Commission for its shocking failure to protect the personal information. In more than one instance, Morgan Stanley Smith Barney (MSSB) failed to adequately protect the personal information of

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Protect discarded digital data with the MediaDice All Media Disintegrator • Phiston

Digital storage and media devices keep governments, banks, and stealth startups moving forward. However, the information stored on their computers and servers contains account data, personally identifiable information, and a swath of other information not intended for prying eyes or competition. So how do you ensure old media are of no use to others? Enter

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7 Common Digital Data Targets and the Need for an Effective Data Destruction Policy

One of the most prominent reasons for the currently widespread damage caused by cyber-attacks is a lack of proper awareness. Many people and businesses believe they are immune to threats and therefore are not concerned about how severe attacks can become. If you do not have a safety plan for your data, your organization or

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Bose experiences data breach after ransomware attack • Phiston

Bose corporation recently disclosed a data breach following the company’s ransomware attack that happened in March. On March 7, 2021, Bose’s U.S. systems discovered malware/ransomware. The company then hired external cyber-security experts to restore the impacted systems and determine the accessed and stolen data. Luckily, systems were restored quickly and no ransom had to be

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Feds Seize Two Domains Used in USAID Phishing and Linked to SolarWinds Attackers

From cybersecurity exploits to distributed denial-of-service (DDoS) attacks that result in a data breach, cyber-attacks have become an order of the day and present a growing threat to businesses. Whether they’re from state-sponsored cyber warfare units or so-called hacktivist groups, this type of attack is a cause for concern. On Tuesday, May 25th, for instance, US authorities

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Secure Your Castle from Colonial Pipeline Style Hacks • Phiston Technologies

The Colonial Pipeline ransomware attack is novel because of its size. Ransomware attacks are typically directed at companies that can’t afford top-notch IT security. Small firms and medium-size companies scaling up quickly are generally seen as easier targets. Although after Colonial Pipeline, this might be changing. However, it is still the case that small to

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