LivingSocial hack results in 50 million compromised user accounts

LivingSocial, the daily deals site partially owned by Amazon, disclosed Friday that they had suffered a serious cyber attack. CEO Tim O’Shaughnessy sent an email to his employees to admit the resulting “unauthorized access to some customer data” and that they were “actively working with law enforcement to investigate this issue.”

Read More

Study finds 55 percent of SMBs were breached in 2012

Over half of small businesses surveyed by the Ponemon Institute as part of a recent study experienced some sort of data breach last year. Out of the affected businesses, a great deal of breaches were ignited internally, either by mistake or on purpose by employees and contractors.

Read More