Cattle Baron’s Ball Celebrates 35 Years

Created at November 18, 2018

Cattle Baron’s Ball will be celebrating its 35th anniversary this year with “Ain’t Our First Rodeo” this Saturday, July 22nd.

Fundraising efforts from Cattle Baron’s events in 2016 raised $95 million for cancer research grants. Since 1991, there has been a decline of 23 percent in the death rate from cancer, which equates to 1.7 million lives saved. In addition, there has been $4.5 billion invested in research alone. These are just a few examples of the positive impact that the Cattle Baron’s Ball has on the American Cancer Society and providing hope for families.

Blue Layer has been a sponsor of the Cattle Baron’s Ball for many years. Cancer is something that has impacted us all in one way or another, and Blue Layer is honored to be a part of the fundraising effort to save lives and bring an end to cancer. Blue Layer also donates items to the silent auction.

“Blue Layer is proud to be a member of the Lubbock community and support this terrific organization. Being a part of the American Cancer Society’s efforts is something that is special to all of us.” Michael Strong, COO

Once Equifax discovered the breach in the access to their website, they enlisted the services of an outside computer security forensic firm, Mandiant. An employee of Mandiant purchased equihax.com and other domains that may have looked appealing to phishers in order to keep it off the market.

Coincidentally or not, Equifax executives managed to sell millions of dollars-worth of stock. This happened between the time when the intrusion was discovered and when the public became aware. Stocks are now down by 13 percent, from when the breach was announced versus the price on the market Thursday. The executives claim to have no knowledge of the breach prior to the sales.

Equifax should have been aware of the technological ramifications of not being adequately protected. Without the protection that a company such as Equifax should have had, a data breach was likely in only a matter of time. Apache Struts is a program for building web applications in Java and is believed to be the open-source software package where the vulnerability was discovered. According to reports, the vulnerability had existed since 2008. Apache Struts is a very popular framework utilized every day by over 50 percent of the Fortune 100 companies such as Lockheed Martin, Office Depot, even the IRS and more. In this case, the vulnerability was exploited and malicious code imbedded inside the data. When the Apache Struts program attempted to convert the data, it was executed at that time causing the breach. Meaning, hackers had easy access to establish malware onto the company’s webservers, as well as steal and delete confidential data.

New developments indicate a class action lawsuit has been filed. The civil action suit accuses the company of lacking security standards and guaranteed protection for its users in an effort to save money. The lawsuit is requesting compensation and costs for the potential 143 million Americans affected.

Customers should immediately put in place a freeze on all accounts that were associated with Equifax. For customers signing up with Equifax, all are required to acknowledge the terms of service. However, those terms appear to include legalese suggesting that by acknowledging the terms or terms of service you are waiving all rights to be a part of a class action lawsuit in the future, if that situation were to arise. Equifax has since provided an update on this verbiage addressing those terms. “In response to consumer inquiries, we have made it clear that the arbitration clause and class action waiver included in the Equifax and TrustedID Premier terms of use does not apply to this cybersecurity incident.”

How this affects you?

All consumers have rights, mandated by congress, to access their credit report via annualcreditreport.com. This gives consumers one free report from each of the “big three” Experian, Trans Union, and Equifax. If you sign up with a company like Equifax, the most that they can do for you is to alert you once your information and identity has been stolen, they cannot prevent it.

Consumers can request that the bureaus “freeze” their credit information. This prevents anyone from accessing the credit files. Consumers can temporarily or permanently remove the hold if they wish.

Always be aware of where your confidential data and personal information is. Do not provide personal information such as social security numbers or credit card numbers via email, unless the emails are encrypted, or to people you do not know. Hackers and phishers are getting smarter every day. Cybersecurity is becoming increasingly more important, not just for organizations and corporations, but for individuals as well.If you have questions or concerns regarding your cybersecurity and data protection, contact Blue Layer to learn more.

 

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