Health insurer EyeMed Vision Care will pay New York regulators $4.5 million to settle an investigation into its 2020 data breach incident. States are becoming more aggressive in applying enforcement actions against data breaches, say regulatory attorneys.
The chief executive of alcohol delivery app Drizly is set to come under a decadelong requirement imposed by the U.S. Federal Trade Commission to ensure whatever company he oversees has an information security program. A hacker stole customer records of 2.5 million individuals from Drizly in 2020.
The U.K. Information Commissioner levied a nearly $5 million fine against Interserve Group Limited for its lack of security protections in the run-up to a 2020 ransomware attack. The firm kept employee data on servers running obsolete versions of Windows and used outdated antivirus software.
Advocate Aurora Health is notifying 3 million individuals of a health data breach involving the organization's "previous" use of web tracking tools from tech vendors including Google and Facebook's parent company, Meta. The entity says it has disabled or removed those tracking services.
Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
Palo Alto Networks has scaled back its M&A ambitions, walking away from a $600 million deal for Apiiro in favor of buying Cider Security for $200 million. Palo Alto says it abandoned the negotiations over irreconcilable differences in the valuation of Apiiro's code risk platform business.
If remote access to corporate networks is only as secure as the weakest link, only some dreadfully weak passwords now stand between hackers and many organizations' most sensitive data, according to new research from Rapid7 into the two most widely used remote access protocols - SSH and RDP.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
Australia's data breach debacle expanded on Thursday. Cyber extortionists who attacked Australian health insurer Medibank provided proof of their hack of medical data. Also, stolen data from Australian wine retailer Vinomofo was put up for sale on a Russian-language forum.
A study by data privacy firm Lokker found thousands of healthcare providers deploying Facebook Pixel and other similar tracking tools. Those trackers reveal "medical and other data that consumers don't know is being tracked and haven't authorized," says Ian Cohen, Lokker's chief executive officer.
Multifactor authentication was supposed to be the standard, but the sharp rise in highly successful MFA bypass attacks shows the industry needs to go further in verifying identities. Keynote speakers at Authenticate 2022 said the future of passwordless technology could answer this latest threat.
In the latest weekly update, ISMG editors discuss the trending themes from the 2022 ISMG Southeast Summit, plans by cryptocurrency exchange Binance to implement security measures to shore up cross-chain vulnerabilities, and the viability of a proposed data flow agreement between the U.S. and Europe.
Fast-fashion clothing giant Shein has been fined $1.9 million by the New York state attorney general for multiple failings tied to a massive 2018 data breach, including substandard password security as well as failing to alert users or force password resets in a timely manner.
The latest ISMG Security Report examines whether banks should be held liable for the rapidly increasing Zelle fraud problem, explores the latest M&A activity among IAM vendors, and discusses the implications of the new legal framework for personal data transfers between the U.S. and Europe.
A former doctor who practiced internal medicine in several states has pleaded guilty in a New Jersey federal court to criminal HIPAA violations in a case that also involved a pharmaceutical salesman and a larger alleged $2.5 million healthcare fraud conspiracy.
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