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Feb 5, 2014

Many U.S. companies lax with data security: Illinois Atty General

WASHINGTON (Reuters) – U.S. companies that have fallen prey to hackers, exposing the private information of millions of customers, have often failed to take basic security precautions to protect client data, Illinois Attorney General Lisa Madigan told a U.S. Senate panel on Wednesday.

Madigan said previous investigations, conducted before the recent spate of high-profile breaches, had turned up repeated instances where companies allowed their systems to retain unencrypted data, failed to install software patches for known vulnerabilities and retained information longer than necessary.

Feb 5, 2014

U.S. mobile data traffic to jump nearly eight-fold by 2018: Cisco

WASHINGTON (Reuters) – The volume of data crossing U.S. mobile networks will grow almost eight-fold by 2018, and demand for Internet-connected devices will also skyrocket, according to a report released on Wednesday that poses questions about U.S. spectrum policy.

U.S. consumers will download and upload more data on their smartphones in 2018 than they did on their laptops in 2013, according to a forecast by Cisco Systems Inc. Americans will continue to lead the world as earlier and faster converts to new smart devices and networks, the Cisco report said.

Feb 5, 2014

U.S. mobile data traffic to jump nearly 8-fold by 2018 -Cisco

WASHINGTON, Feb 5 (Reuters) – The volume of data crossing
U.S. mobile networks will grow almost eight-fold by 2018, and
demand for Internet-connected devices will also skyrocket,
according to a report released on Wednesday that poses questions
about U.S. spectrum policy.

U.S. consumers will download and upload more data on their
smartphones in 2018 than they did on their laptops in 2013,
according to a forecast by Cisco Systems Inc. Americans
will continue to lead the world as earlier and faster converts
to new smart devices and networks, the Cisco report said.

Feb 4, 2014

U.S. retailers at Senate hearing: hackers have upper hand

WASHINGTON (Reuters) – U.S. retailers speaking to a U.S. Senate panel on Tuesday bemoaned the sophistication of hackers and urged better collaboration with banks on anti-theft technology.

However, they revealed few new details of recent massive data breaches that compromised the personal information of millions of customers.

Feb 4, 2014

Fewer than 1.1 mln accounts exposed in Neiman breach -executive

WASHINGTON, Feb 4 (Reuters) – A recently revealed
cybersecurity breach at Neiman Marcus potentially exposed 1.1
million accounts to malware, but the upscale U.S. retailer
believes the actual number affected was less than that, its
chief information officer said on Tuesday.

U.S. retail executives including the chief financial officer
of Target Corp appeared before the Senate Judiciary
Committee to answer questions about data breaches that exposed
payment card and personal information of millions of customers
to hackers in the last several months.

Feb 4, 2014

FCC chief tells Sprint chair he is skeptical on T-Mobile deal

By Alina Selyukh and Sinead Carew

(Reuters) – Federal Communications Commission Chairman Tom Wheeler expressed his skepticism about a potential merger between Sprint Corp (S.N: Quote, Profile, Research, Stock Buzz) and T-Mobile US Inc (TMUS.N: Quote, Profile, Research, Stock Buzz) in a meeting with Sprint Chairman Masayoshi Son on Monday, according to an FCC official briefed on the matter.

Son, chief executive at Tokyo-based SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz), which acquired Sprint last year, met with the top U.S. telecommunications regulator alongside Sprint Chief Executive Dan Hesse.

Jan 28, 2014

U.S. wireless group proposes TV channel-sharing pilot

WASHINGTON (Reuters) – The U.S. wireless industry lobby is proposing a pilot project to test how two television stations could share radio frequencies, hoping the practice catches on and broadcasters free up more of the valuable airwaves to be sold in an upcoming spectrum auction.

The wireless association, CTIA, said on Tuesday it has found two stations in Los Angeles – KJLA and KLCS – interested in testing how they could send their video through the same radio frequency channel.

Jan 28, 2014

Regulator plans case-by-case approach on Internet abuse

WASHINGTON (Reuters) – The top U.S. communications regulator said on Tuesday he planned to set broad principles to guide how Internet service providers manage consumers’ access to the Web and would pursue abuse or anti-competitiveness on a case-by-case basis.

“The Internet is evolving so rapidly that we want to look at case sets as well as generic concept rules, so that what we don’t want to do is to say that somehow we’re smarter than the net, because I can stipulate to that, we aren’t,” said Federal Communications Commission Chairman Tom Wheeler.

Jan 28, 2014

U.S. regulator plans case-by-case approach on Internet abuse

WASHINGTON, Jan 28 (Reuters) – The top U.S. communications
regulator said on Tuesday he planned to set broad principles to
guide how Internet service providers manage consumers’ access to
the Web and would pursue abuse or anti-competitiveness on a
case-by-case basis.

“The Internet is evolving so rapidly that we want to look at
case sets as well as generic concept rules, so that what we
don’t want to do is to say that somehow we’re smarter than the
net, because I can stipulate to that, we aren’t,” said Federal
Communications Commission Chairman Tom Wheeler.

Jan 24, 2014

Congress turns up heat on Target with hearings, document request

WASHINGTON/NEW YORK (Reuters) – Congress turned up the heat on Target Corp on Thursday, summoning the company’s chief financial officer to testify at a Senate hearing, while Democrats on a House committee asked the No. 3 retailer to turn over a slew of documents related to its massive data breach.

The vast scope of the hacking into the networks of Minneapolis-based Target during the holiday shopping season has raised the stakes for data security discussion in Congress, with numerous lawmakers now weighing in.

    • About Alina

      "Alina Selyukh is covering campaign finance this year. Starting as a journalist in her native town of Samara in Russia, she spent five years in Lincoln, Nebraska before moving to the East Coast to work for Reuters. A former intern and graduate trainee, Selyukh has covered energy, IPOs, healthcare policy and FDA."
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