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FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of seven professionals in the Cybersecurity practice in London and Seoul, South Korea, continuing the firm’s investment in talent globally to help clients address complex cyber challenges. The appointments include Senior Managing Director Patrick MacGloin, Managing Director Paul Reilly, Senior Director David Harvey, Directors Stephen Deutsch […]
Having a well-developed cybersecurity system is important for young companies, says John Reed Stark, a former SEC internet enforcement chief. “If your goal is to someday be bought or to someday to grow or go public,” he says, “you want to surround yourself with sophisticated people early on when it comes to your biggest problems. […]
French telecommunications company Orange S.A. has been targeted by a ransomware attack with data stolen. First reported July 16 by Bleeping Computer, the ransomware attack targeted Orange’s Business Services division, which offers enterprise solutions such as remote support, virtual workstations, system security, cloud backups and cloud hosting. The ransomware attack came from the Nefilim ransomware group, […]
Companies that operate in more than one jurisdiction that are either carrying out an internal investigation or are subject to a criminal or regulatory investigation by U.S. law enforcement agencies will almost certainly need to consider the legality of trans-Atlantic data transfers. Under European law, in particular, companies falling short in compliance with data protection […]
Garmin has been forced to shut down its call centres, website and some other online services after a ransomware attack encrypted the smartwatch maker’s internal network and some production systems. The US company shut down services including the official Garmin website and all customer services, including phone lines, online chat and email. via Smartwatch maker […]
In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. had exposed approximately 885 million records related to mortgage deals going back to 2003. On Wednesday, regulators in New York announced that First American was the target of their first ever cybersecurity enforcement action in connection […]
U.S. District Judge Lucy Koh signed off on the $117.5 million data breach settlement with Yahoo Inc. on Tuesday, but she slashed attorney fees by more than $7 million after concluding the deal was “unexceptional” and the legal work “not particularly novel.” via $117.5M Yahoo Breach Settlement Was Reasonable, But Legal Work Was ‘Not Novel,’ […]
At this time, we believe attackers targeted certain Twitter employees through a social engineering scheme. What does this mean? In this context, social engineering is the intentional manipulation of people into performing certain actions and divulging confidential information. The attackers successfully manipulated a small number of employees and used their credentials to access Twitter’s internal […]
We’re just halfway through the year, and 2020 is on track to set a new data breach record. The new year started off on the wrong foot, with the coronavirus wreaking havoc across the world, creating the perfect storm for cybercrime to flourish. From healthcare institutions, tech, software, social media and meal delivery companies, cybercriminals […]
DLA Piper announced today that Ronald Plesco has joined the firm’s Intellectual Property and Technology practice as a partner in Philadelphia. Plesco, a former prosecutor, is an internationally known information security and privacy attorney with more than 20 years of experience in cyber investigations, privacy, threat intelligence, information assurance, identity management, cyber threats and cyber-enabled […]
One of Florida’s largest orthopedic providers is facing a class-action lawsuit after hackers stole personal information from potentially thousands of patients. Attorney John Yanchunis of Morgan & Morgan filed the lawsuit against the Florida Orthopedic Institute, seeking at least $99 million on behalf of patients and former patients citing a “failure to properly secure and […]
We’ve seen an ugly trend recently of tech news stories and cybersecurity firms trumpeting claims of ransomware attacks on companies large and small, apparently based on little more than the say-so of the ransomware gangs themselves. Such coverage is potentially quite harmful and plays deftly into the hands of organized crime. Often the rationale behind […]