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Join the Cybersecurity and Incident Response Group on LinkedInClass Counsel Slam ‘Professional Objectors’ for Delaying Equifax Data Breach Payout | Daily Report
Lawyers who hammered out a $1.4 billion class settlement with Equifax over a 2017 data breach are slamming objectors who they contend will postpone compensation to 147 million people whose financial data was stolen. In two pleadings filed this week, the consumers’ lead counsel and liaison counsel excoriated two pro se “serial objectors” and urged U.S. […]
Ransomware top of mind for DHS cyber chief — FCW
Speaking at the RSA Conference in San Francisco, Cybersecurity and Infrastructure Security Agency Director Christopher Krebs said his agency has stepped up efforts to proactively reach out to federal agencies, local governments, businesses and critical infrastructure managers about how to prepare and what to do if their data is encrypted and held ransom by criminals […]
FBI Releases the Internet Crime Complaint Center 2019 Internet Crime Report — FBI
The FBI’s Internet Crime Complaint Center (IC3) 2019 Internet Crime Report includes information from 467,361 complaints of suspected Internet crime, with reported losses in excess of $3.5 billion. The top three crime types reported by victims in 2019 were phishing/vishing/smishing/pharming, non-payment/non-delivery, and extortion. In addition to the 2019 statistics, the report contains information about the […]
Losing $450,000 in Three Days: Hackers Trick Victims Into Big Wire Transfers – WSJ
In 2018, Frank Krasovec took on a $1 million personal line of credit from PlainsCapital Bank. A few months later, he went on a business trip. When he returned, $450,000 was missing. Mr. Krasovec, the chairman of Dash Brands Ltd., which owns Domino’s Pizza Inc. franchises in China, said he soon learned that someone had […]
Wawa Data Breach Could Impact 30 Million Payment Cards | The Legal Intelligencer
The fallout from the Wawa data breach continues to expand. Reports indicate customer data from the breach is now for sale on the dark web and the total number of compromised payment card accounts may reach 30 million. With more than half of Wawa’s stores located in Pennsylvania and New Jersey, the Wawa breach is […]
U.S. agency that handles Trump’s secure communication suffered data breach – Reuters
The U.S. defense agency that handles secure communications for President Donald Trump said Social Security numbers and other personal data in its network may have been compromised, according to letters seen by Reuters on Thursday that were sent to people possibly affected. via U.S. agency that handles Trump’s secure communication suffered data breach – Reuters.
4 Ways Firms Can Keep Compliant With the CCPA | Legaltech News
The more regulatory requirements are enacted, the busier lawyers are counseling clients toward compliance. However, law firms aren’t immune from the massive data privacy laws themselves, especially the relatively new California Consumer Protection Act. The CCPA applies to businesses operating California that either have annual revenue surpassing $25,000,000; sell, processes or hold the personal information of […]
Equifax Data Breach-Related Securities Suit Settled for $149 Million | The D&O Diary
Over the last several years, plaintiffs’ lawyers have filed a number of D&O lawsuits against companies that had been hit with a cybersecurity incident. These suits have largely been unsuccessful, with the exception of the lawsuits filed against Yahoo in the wake of that company’s data breach. While the plaintiffs’ track record in data breach-related […]
The First Wave of CCPA Allegations Makes Its Way Into a New Data Breach Class Action Against Salesforce and Hanna Andersson | Mintz
The companies Salesforce.com, Inc. and Hanna Andersson, LLC are on the receiving end of a novel lawsuit, which appears to be the very first data breach class action ever filed with alleged violations of the California Consumer Privacy Act (“CCPA”). The case is styled as Barnes v. Hanna Andersson, LLC , N.D. Cal., Case No. […]
On data protection, the UK says it will go it alone. It probably won’t. | ZDNet
After the UK left the EU, at the end of January, Prime Minister Boris Johnson said the UK will now look to “develop separate and independent policies” in a number of areas, including data protection. However, in reality the UK is unlikely to stray too far from European rules or risk significant disruption. Currently, the […]
Attorney General William P. Barr Announces Indictment of Four Members of China’s Military for Hacking into Equifax | OPA | Department of Justice
As described in the indictment, the hackers broke into Equifax’s network through a vulnerability in the company’s dispute resolution website. Once in the network, the hackers spent weeks conducting reconnaissance, uploading malicious software, and stealing login credentials, all to set the stage to steal vast amounts of data from Equifax’s systems. While doing this, the […]
Colorado got $3.6 million from the Equifax breach. It’ll help start a rural college program to prevent this from happening again. – The Colorado Sun
Colorado Northwestern Community College President Ron Granger blurted out the first thing that came to mind when he was asked in August what he would do for the school if he had the money: build a cybersecurity program. That was a pretty bold idea for a school serving a region best known for outdoor recreation […]
Healthcare data: The new prize for hackers – Security Boulevard
Healthcare data breaches are increasing exponentially year after year, and it doesn’t seem like they’re going to slow down any time soon. In order for IT healthcare professionals to take steps to safeguard their systems, it’s critical for them to understand why healthcare data holds so much value for hackers. Healthcare data is valuable on […]
Cyber Insurance Purchases Will Surge With California Privacy Law
U.S. companies are turning to cybersecurity insurance to protect themselves from lawsuits and fines with enforcement of California’s landmark privacy law set to begin July 1, attorneys say. San Francisco-based Coalition, which calls itself the fastest-growing cyber insurance provider, got more than 2,000 requests for policies in December and January to protect against California law […]
Aon Buys Cybersecurity Company Cytelligence | FinSMEs
Aon plc (NYSE: AON), a global professional services firm providing risk, retirement and health solutions, acquired Cytelligence Inc, a Canada-based cyber security firm with deep expertise in Cyber Breach Response, Cyber Breach Investigations, and Digital Forensics. via Aon Buys Cybersecurity Company Cytelligence | FinSMEs.