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One year in, how is the GDPR working?
Transition year or not, early numbers for the GDPR make clear that the policy has been a success as a breach notification law, but largely a failure when it comes to imposing fines on companies that fail to adequately protect their customers’ data. At the panel discussion, Stephen Eckersley, the head of enforcement at the […]
MoFo Nabs Head of Proskauer’s Privacy and Cybersecurity Group
Morrison & Foerster has hired the head of Proskauer’s privacy & cybersecurity group to join its growing privacy and data security practice. Kristen Mathews, a veteran of cybersecurity law, has joined MoFo as a partner in its New York office. Her move is the latest in a string of recent lateral hires in that office— […]
Data breaches up 400 percent, 15 billion records compromised: report | SC Media
The number of data breaches increased more than 400 percent in 2018 exposing almost 15 billion records, according to the identity intelligence company 4iQ. The company’s annual report confirmed 12,440 new breaches, a 424 percent increase compared to 2017, and of the 14.9 billion records compromised, 3.6 billion were confirmed real and exposed for the […]
Verizon refocuses the cyber investigations spotlight on the world of Insider Threats | About Verizon
The Verizon Data Breach Investigations Report (DBIR) series opened the doors to the world of cybercrime – now, this dataset and caseload analysis has been refocused on the role of the insider – forming the Verizon Insider Threat Report. Twenty percent of cybersecurity incidents and 15 percent of the data breaches investigated within the Verizon […]
5 reasons you’re not reading this cybersecurity article
Cybersecurity articles are notoriously unpopular with financial advisers compared with other industry news, unless it’s something drastic like Voya’s recent slip-up exposing advisers’ Social Security numbers on its website. When it comes to financial technology, advisers are more likely to peruse something like T3’s 2019 Software Survey than they are to learn about how cybersecurity […]
Hospitals have ‘holy grail of personal data,’ yet their spending lags on digital security – Chicago Tribune
In the past two years, 27 Illinois health care providers and companies have reported data breaches involving at least 500 patients. That includes a recent incident at Rush that may have exposed the information of 45,000 patients. Yet health care providers, in general, tend to spend less on data security than companies in other industries. […]
Senate Report Highlights Equifax ‘Neglect’ Before Data Breach (1)
Equifax Inc.’s years-long failure to prioritize cybersecurity left the company vulnerable to a data breach that exposed more than 145 million Americans’ personal information, a Senate subcommittee said in a bipartisan staff report. The report comes amid a series of high-profile data breaches involving Equifax and other companies that the Senate Homeland Security and Governmental […]
Equifax data breach: Former executive pleads guilty to insider trading
A former Equifax executive who sold stock for nearly $1 million a week and a half before the company announced a massive data breach has pleaded guilty to insider trading. Jun Ying, former chief information officer of Equifax’s U.S. Information Solutions, entered the plea Thursday in federal court in Atlanta. He was indicted in March […]
Four Unusual Hacking Strategies I’ve Seen As A Cyber-Security CEO
It’s not uncommon to see hackers target and impersonate CEOs, particularly for the purposes of socially engineering the CEO’s subordinates to make funds transfers. However, in one particularly creative effort we recently saw, the hacker impersonated a CEO and convinced an employee charged with payroll to update the CEO’s own bank account information with that […]
Russia’s Ex-Cybersecurity Chief Gets 22 Sentence in Jail | World News | US News
A Russian military court convicted a former senior counterintelligence officer and a cybersecurity firm executive of treason Tuesday, concluding a case that initially aroused speculation of a manufactured effort to punish the source of leaks about Russian campaign hacking. Moscow’s District Military Court heard several months of evidence and arguments behind closed doors before delivering […]
Equifax expecting punishment from CFPB and FTC over massive data breach | HousingWire
Equifax is expecting various forms of punishment from the Consumer Financial Protection Bureau and the Federal Trade Commission over the credit reporting agency’s massive data breach that exposed the personal information of 148 million U.S. consumers to hackers. The company revealed the expected sanctions in a recent filing with the Securities and Exchange Commission. via […]
Equifax Data Breach Crisis Vet Joins FTI – Mon., Feb. 25, 2019
Meredith Griffanti, who was strategy & communications leader for the office of transformation at Equifax, has joined FTI Consulting in Washington as managing director in its crisis & issues management practice. via Equifax Data Breach Crisis Vet Joins FTI – Mon., Feb. 25, 2019.
Israel’s 119 hotline for cybersecurity problems.
That’s why I was impressed to hear about the Israeli cybersecurity hotline that was officially launched this year, after an earlier pilot period. When people in Israel think they may be dealing with computer security threats or intrusions, they can just dial 119. Launched by Israel’s national Computer Emergency Response Team, the line is staffed […]
Marriott Lets You Check If You Were Hit by the Massive Starwood Hack | Digital Trends
Marriott is now offering an easy way to confirm if your personal details were stolen in the massive Starwood hack that was revealed by the hotel giant in November 2018. Guests who suspect their data may have been involved are being asked to fill out an online form, which will allow the company to make […]
Kahn Swick seeks witnesses, plaintiffs for potential cybersecurity suit against Duke Energy – Charlotte Business Journal
A Louisiana law firm that specializes in shareholder class-action suits says it is investigating reports that Duke Energy Corp. has agreed to a record $10 million regulatory fine for a raft of cybersecurity violations on its electric grid. New Orleans-based Kahn Swick & Foti says the “investigation is focusing on whether Duke’s officers and/or directors […]