I have written several times about the fight between Cottage Health System and Columbia Casualty, a division of CNA Insurance. In 2013 Cottage’s systems were breached and the private information of thousands of patients was publicly disclosed. Their insurance company paid $4.125 million for costs related to the breach, including a class action lawsuit. That […]
Continue reading → [DISPLAY_ACURAX_ICONS]There is a lot of attention focused on digital currency and the potential it represents – maybe too much attention. In May I wrote about the Bitcoin exchange Gatecoin, that was hacked to the tune of $2 million. This week hackers made off with with $50 million in another virtual currency, Ether, but this time […]
Continue reading → [DISPLAY_ACURAX_ICONS]P.F. Chang’s restaurant chain suffered a cyber breach in which about 60,000 credit cards were stolen. The breach only affected 33 of the company’s approximately 400 restaurants, so it could have been much worse, even though it lasted 8 months. Still, the restaurant spent about $1.7 million recovering from the breach. If the breach hit […]
Continue reading → [DISPLAY_ACURAX_ICONS]A specialized unit inside mobile firm BlackBerry has for years enthusiastically helped intercept user data — including BBM messages — to help in hundreds of police investigations in dozens of countries, a CBC News investigation reveals For years we always thought Blackberry was the security standard that everyone else was measured by. In April we […]
Continue reading → [DISPLAY_ACURAX_ICONS]“This is not time for firms to keep calm and carry on. The proper response is to freak out.” – Prof. Dan Solove, GWU Law School While I am not sure that freaking out is, in fact, the only proper response, I think that what Prof. Solove is saying is that ignoring the situation is […]
Continue reading → [DISPLAY_ACURAX_ICONS]Apparently some British Members of Parliament (MPs) are not terribly happy today. It came to light by way of some more leaked documents from Edward Snowden that GCHQ – the British equivalent of the CIA – has been reading the emails of Members of Parliament for years. Given that Parliament is in the middle of […]
Continue reading → [DISPLAY_ACURAX_ICONS]