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Robert A. Cohen, Cyber Unit Chief, to Leave SEC After 15 Years of Service
The Securities and Exchange Commission today announced that Robert A. Cohen, Chief of the Division of Enforcement’s Cyber Unit, will be leaving the agency in August after 15 years of service. Mr. Cohen is the first Chief of the Cyber Unit, created in 2017. The unit focuses on violations involving digital assets and cryptocurrency, cyber-related trading […]
What You Should Know About the Equifax Data Breach Settlement — Krebs on Security
Big-three credit bureau Equifax has reportedly agreed to pay at least $650 million to settle lawsuits stemming from a 2017 breach that let intruders steal personal and financial data on roughly 148 million Americans. Here’s a brief primer that attempts to break down what this settlement means for you, and what it says about the […]
Equifax to pay up to $700 million to settle state and federal investigations into 2017 security breach – The Washington Post
Equifax has agreed to pay as much as $700 million to settle a series of state and federal investigations into a massive 2017 data breach that left more than 147 million Americans’ Social Security numbers, credit-card details and other sensitive information exposed. The punishment includes payments to affected consumers, fines to peeved regulators and a […]
A hacker just stole the personal financial data of an entire country.
Police in Bulgaria announced the arrest of a 20-year-old computer programmer Wednesday. His crime? Orchestrating a staggering hack of the European country’s national tax authority that swiped astonishing amounts of data, including the names, addresses, job titles, incomes, health insurance specifics, loan details, and social security information of nearly every adult citizen in the country. […]
Cybersecurity (Again) Is Advisors’ Top Compliance Concern | ThinkAdvisor
Cybersecurity continues to be the top compliance worry for registered investment advisors, with 83% citing it as the “hottest” compliance issue and 70% revealing they’ve increased compliance testing for cyber infractions over the past year, according to the Investment Adviser Association’s annual compliance report. via Cybersecurity (Again) Is Advisors’ Top Compliance Concern | ThinkAdvisor.
Evite Invites Over 100 Million People to Their Data Breach
In May 2019, Evite posted a data incident notice that disclosed an unauthorized third-party had gained access to their servers starting on February 22, 2019 and were able to access member’s personal data. No financial information or social security numbers, though, were part of the breach. “Potentially affected information could include names, usernames, email addresses, […]
Health care provider warns of possible data breach | AP
A health care provider in Maine is warning patients of a potential data breach. The Bangor Daily News reports that a Penobscot Community Health Care spokesman says a third party collection agency may have exposed the personal and credit card information of some patients. via Health care provider warns of possible data breach | Miami […]
Marriott Faces $124 Million Fine Over Starwood Data Breach – WSJ
Marriott International Inc. MAR 0.23% faces a potential £99.2 million ($123.6 million) fine from the U.K.’s privacy watchdog over a consumer-data breach, as the regulator raises pressure on businesses to comply with Europe’s data-protection rules. The fine—related to a huge breach of the Starwood Hotels guest reservation database—comes a day after the same regulator, the […]
After a Data Breach, British Airways Faces a Record Fine – The New York Times
The British authorities said on Monday that they intended to order British Airways to pay a fine of nearly $230 million for a data breach last year, the largest penalty against a company for privacy lapses under a new European data protection law. Poor security at the airline allowed hackers to divert about 500,000 customers […]
FBI Vet Eric Welling to Joins Accenture as Senior Security Exec | ExecutiveBiz
Eric Welling, former deputy assistant director of the cyber division at the FBI, has been named senior security executive at Accenture, CyberScoop reported Friday. The report said Welling will manage the company’s North America Incident Response Command Center, which analyzes cyber threats and provides security support to customers. via FBI Vet Eric Welling to Joins Accenture as Senior […]
Defend Crypto: Expanding the Reach and Impact with the Blockchain Association
Additionally, we are excited to announce that the Defend Crypto fund will be governed by the Blockchain Association. They have been a strong advocate for the industry — led by a strong team and backed by some of the most important builders in the space — and will be in the best position to objectively […]
Hit by Ransomware Attack, Florida City Agrees to Pay Hackers $600,000 – The New York Times
Even large cities, however, have had to pay smaller ransoms than Riviera Beach. On Monday, the City Council unanimously agreed to have its insurance carrier pay the hackers 65 Bitcoin, a hard-to-trace digital currency, amounting to about $592,000. By making the payment, the City Council hopes to regain access to data encrypted in the cyberattack […]
Lake City, Florida, pays hackers Bitcoin ransom after cyberattack – Business Insider
The Lake City, Florida, administration agreed on Monday to pay hackers almost $500,000 to release the city’s computer files in a ransomware attack that occurred on June 10, local media reported. Before it decided to pay the ransom, the city had to use its back-up systems to conduct its work, which included paper receipts and […]
Thanks to a data breach, at least 50K American license plate numbers are available on dark web
At least 50,000 American license plate numbers have been made available on the dark web after a company hired by Customs and Border Protection was at the center of a major data breach, according to CNN analysis of the hacked data. What’s more, the company was never authorized to keep the information, the agency told […]
Morrisons Data Breach: A Word Of Warning For Employers – Data Protection – European Union
Introduced against the backdrop of the Facebook-Cambridge Analytica scandal, the GDPR concerns data protection and privacy for all individuals within the European Union (EU) and the wider European Economic Area (EEA). It is designed to give individuals more control over the handling of their personal information and not only imposes strict rules on the processing […]