All Data Breach articles – Page 4
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VideoVideo: More scrutiny coming to data breach disclosures?
Aly McDevitt assesses controversial data breach disclosures from U.K. retailer FatFace and technology vendor Ubiquiti in light of a report Congress is considering stricter requirements for reporting data breaches.
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ArticleNYDFS fines mortgage banker $1.5M for cyber-security violations
The New York State Department of Financial Services fined Residential Mortgage Services $1.5 million for violating New York’s cyber-security regulation.
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PremiumAsk a CCO: What’s your strategy for preventing and detecting data breaches?
Five senior compliance practitioners outline their strategies for protecting their firms from data breaches.
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ArticleKroger joins victims of Accellion data breach
Two months after cloud service vendor Accellion first identified one of its legacy products was targeted by a sophisticated cyber-attack, users of the product continue to feel the impact, with grocery chain Kroger the latest to reveal its exposure.
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ArticleExcellus Health Plan fined $5.1M for 2015 data breach
The U.S. Department of Health and Human Services’ Office for Civil Rights fined Excellus Health Plan $5.1 million for failures relating to a 2015 data breach that exposed the personal information of 9.3 million individuals.
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ArticlePreparation, monitoring key to combating third-party cyber-security risk
A spate of recent cyber-security breaches occurring via third parties is a reminder of the importance for companies to stay on top of risk management. Regulators have shown to not take kindly to finger-pointing.
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ArticleHanna Andersson agrees to pay $400K in CCPA-related breach lawsuit
Children’s clothing retailer Hanna Andersson has agreed to pay $400,000 in what is believed to be the first monetary settlement for a lawsuit related to the California Consumer Privacy Act.
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ArticleBest practices for M&A cyber-security due diligence in a virtual world
The slowdown in mergers and acquisitions in the early stages of the coronavirus pandemic in March is waning, and M&A activity is approaching pre-pandemic levels again, with cyber-security risk now the top concern.
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ArticleBreach costs Premera Blue Cross $6.85M; second-largest HIPAA fine
Premera Blue Cross has agreed to pay $6.85 million in a settlement with the U.S. Department of Health and Human Services regarding a 2014 data breach that affected the personal and health plan information of over 10.4 million people.
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ArticleOCC fines Capital One $80M over 2019 data breach
Capital One and Capital One Bank (USA) were fined $80 million for failing to establish sound risk management processes and internal controls related to the company’s data breach last year.
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ArticleIBM report: Average data breach cost nearly $4M in past year
An IBM report that examined more than 500 cyber-security breaches occurring between August 2019 and April 2020 found the average breach costs companies $3.86 million and requires nearly 300 days to identify and contain.
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ArticleReport: Average data breach costs public companies $116M
An Audit Analytics report on cyber-security breaches at public companies found the sensitivity of customer information stolen—along with length of time it took companies to report breaches—greatly affected the financial damage the breaches caused.
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ArticleCurrent cyber-environment calls for proactive approach
The conventional wisdom on cyber-security is to play defense and respond quickly to breaches. But these are not normal times, and proper cyber-hygiene is more important than ever.
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ArticleT-Mobile data breach: A cautionary tale for all companies
For the second time in a matter of four months, T-Mobile announced it has suffered a data breach. Cyber-security experts say it’s a cautionary tale about the vulnerabilities of e-mail accounts that are not properly secured.
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ArticleControversial facial image aggregator Clearview AI reveals breach
A company with a huge database of facial images informed its law enforcement customers this week that it suffered a data breach.
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ArticleReports: Bieber, Twitter’s Dorsey among 10.6M affected by MGM Resorts hack
Pop star Justin Bieber and Twitter CEO Jack Dorsey were among 10.6 million MGM Resorts guests to have their personal information exposed in a data breach last year, according to multiple reports.
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ArticleMicrosoft data leak points to industry-wide security vulnerabilities
Microsoft made headlines when it was discovered that nearly 250 million customer service and support records were exposed on the Web through several unsecured cloud servers. But that’s only a glimpse into wider cloud-security weaknesses throughout the industry.
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ArticleEquifax must spend ‘a minimum of $1B’ for data security
A massive data breach that was “entirely preventable” will cost credit-reporting agency Equifax another $1 billion to beef up its cyber-security efforts.
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ArticleBritish retailer Dixons fined for pre-GDPR breach
The ICO has fined Dixons Carphone for failing to take “basic, commonplace” security measures that would have alerted it to one of the country’s worst cyber-attacks.
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ArticleWidespread Wawa data breach puts thousands at risk
Convenience store chain Wawa announced it has suffered a massive data breach that has affected “potentially all” of its store locations, compromising the debit and credit card information of thousands of customers.