UMass settles potential HIPAA violations following malware infection
“The University of Massachusetts Amherst (UMass) has agreed to settle potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules. The settlement includes a corrective action plan and a monetary payment of $650,000, which is reflective of the fact that the University operated at a financial loss in […]
Adobe To Pay $1 Million Compensation In Data Breach Case
“Personal data of more than 500,000 consumers from 15 states were stolen in the 2013 breach of Adobe server. Under a multistate agreement, Adobe Systems has been told to pay $1 million to approximately 552,000 consumers for a data breach that occurred in 2013 during which hackers stole their payment card details, names, addresses and […]
Three UK suffers major data breach via compromised employee login
“Three UK is the latest company to suffer what looks to be a major data breach — potentially exposing the personal information of millions of customers. As many as two-thirds of Three’s customers are thought to have had their information compromised after hackers obtained an employee login. The UK mobile network operator has some 8.8 […]
Lincoln Financial Unit Hit with $650K Fine Over Data Hack
“The Financial Industry Regulatory Authority censured Lincoln Financial Securities Corp., a Lincoln Financial Network broker-dealer, and fined it $650,000 for failing to reasonably safeguard confidential customer data, according to a letter of settlement posted on the regulator’s website on Tuesday. The penalty highlights the increasing importance Finra is putting on cybersecurity and data privacy issues […]
Adult FriendFinder hit with one of the biggest data breaches ever, report says
“A hack against popular adult dating and entertainment company FriendFinder Networks exposed data related to more than 412 million user accounts, according to a report from breach notification site LeakedSource. If the report is correct, that would make the breach one of the largest on record in terms of the number of accounts affected. It […]
Ransomware Attacks Are Soaring, Says Beazley in Data Breach Report
“Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report is based on the insurer’s client data breaches in the first nine months of 2016. During […]
15 States Reach Settlement with Adobe Over 2013 Data Breach
“Ohio and 14 other states have settled with Adobe Sytems to resolve an investigation into the 2013 data breach of certain Adobe servers, which contained personal information of nearly 53,000 Ohio residents. Under the settlement, Adobe agrees to implement new policies and practices to prevent similar breaches in the future and pay $1 million to […]
Yahoo discovered hack leading to major data breach two years before it was disclosed
“Yahoo discovered the hack that led to a data breach affecting more than a half billion accounts nearly two years before the attack was disclosed in September, according to documents filed with financial regulators Wednesday. News of the breach broke as Yahoo was finalizing a deal to sell off its core business to Verizon. That […]
Cloud Service Providers Beware, You May Be Subject to HIPAA Without Knowing It
“The use of cloud service providers has exploded in the past several years. According to estimates from Gartner, the market for cloud services is expected to reach $204 billion in 2016. But the use of cloud service providers raises significant privacy and security concerns, especially for health care providers who are subject to the Health […]
HIPAA business associate fines putting pressure on healthcare partners
“Regulations set in place by HIPAA certainly hve an impact on partners in healthcare – even those who are just dabbling in the vertical. But when it comes to impacting partners’ wallets, there’s more at risk than just dollars. With fines exetending to channel partners serving healthcare organizations via HIPAA’s business associate agreement (BAA) reaching […]