Judge Koh, who has been involved in many high profile high tech lawsuits such as Apple v. Samsung, gave final approval to a $115 million settlement for damages as a result of the Anthem breach. While this is only one lawsuit – I am sure there are others – it is important if only for […]
Continue reading → [DISPLAY_ACURAX_ICONS]Lack of Vendor Cyber Risk Management Hurts over 750 Banks TCM Bank, a company that helps hundreds of small banks issue credit cards had a problem with their third party vendor – the bank’s fourth party vendor risk. The small bank wants to issue credit cards so they hire TCM and TCM hires someone else […]
Continue reading → [DISPLAY_ACURAX_ICONS]As I wrote last week, LabCorp, the mega medical lab testing company (mega as in revenue around $10 billion last year) was breached and they have provided some interesting insights as they have been forced to detail to the SEC some of what happened last week when they had to shut down large parts of […]
Continue reading → [DISPLAY_ACURAX_ICONS]As hackers are discovering that some organizations are opting to not pay the ransom after a ransomware attack, either because they have backups or they do not want to support criminals, the criminals are changing tactics – something we warned about months ago. In this case, CarePartners, a home healthcare service provider in Ontario announced […]
Continue reading → [DISPLAY_ACURAX_ICONS]Timehop Hack Compromises 21 Million Users In a bit of good news/bad news, the social media time capsule site Timehop said that it was hacked around July 4th, but that they interrupted the hack in progress. Still the hackers got usernames, passwords, email addresses, date of birth, gender, some phone numbers and other information for […]
Continue reading → [DISPLAY_ACURAX_ICONS]Latest Cost Estimates For Equifax Breach is $439 Million According to recent (March) tax filings, costs related to their breach are now $439 million, making the Equifax breach the costliest in US history. Assuming insurance does pay, it would cover, at most, $125 million, leaving Equifax to write a check for $300 million plus. Given […]
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