Court Delays Red Flags Rule for AICPA Members

A district court has granted a delay in the enforcement of the Federal Trade Commission’s Red Flags Rule governing identity theft prevention for members of the American Institute of CPAs in public practice. The Red Flags Rule is part of the Fair and Accurate Credit Transactions Act, which Congress passed in 2003. The rule...

Security Breach At ReachLocal, But Avoids Pulling A Blippy

Christopher Zinsli reports: A security breach this month at ReachLocal Inc. is bad timing for the online advertising agency. The venture-backed company is in IPO registration, so it was required to disclose in an amended S-1 filing Tuesday that a recent breach disrupted its customers’ advertising campaigns and resulted in its Australia platform going...

Knesset online security lapse exposes secret Mossad data

Amos Harel and Jonathan Lis report: The Knesset Web site committed a major security lapse several weeks ago by publicizing the names of high-level Mossad and Shin Bet officials whose identities are kept secret by law. Read more on Haaretz.com. It seems that this isn’t the first time the Knesset web site has exposed...