The BNY Mellon breach story keeps getting bigger: Ponemon Institute estimated that in 2007 companies spent an average of $197 per record following a data breach, which would put BNY Mellon’s price tag for this boondoggle at $886 million. But, in the wake of the breach that affected hundreds of thousands of Connecticut residents, Connecticut … Continue reading The escalating cost of breaches→
The Festo Sky_liner story is compelling: It takes a fair amount of skill to fly a kite. However, thanks to its Sky_liner project, Festo has become the first company to demonstrate that it is possible to achieve fully automated control with the aid of mechatronics, therefore tying in a new development with its core competency … Continue reading The secrets of automation→
PoliceOne says that a 60% percent success rate is far (20%) below expectations: Los Angeles’ $15 million high-tech camera system designed to catch red-light runners let four in 10 violators off the hook last year because the drivers couldn’t be identified, according to police data. In other words, the cameras are highlighting another control gap … Continue reading $15million LA camera system failing→
The Deutsche Welle reports that security staff are accused of breaching privacy laws: Security staff at telecoms giant Deutsche Telekom are suspected of breaching German data privacy laws during a secret attempt to identify the sources of high-level leaks to the media, the company said Saturday, May 24. Using the company’s own records of millions … Continue reading Deutsche Telekom in Privacy Flap→