Equifax Faces Multibillion-Dollar Lawsuit Over Hack
A proposed class-action lawsuit was filed against Equifax Inc. late Thursday evening, shortly after the company reported that an unprecedented hack had compromised the private information of about 143 million people. In the complaint filed in Portland, Ore., federal court, users alleged Equifax was negligent in failing to protect consumer data, choosing to save money […]
Equifax Inc., Cyber-attack & Breach
Equifax Inc. said its systems were struck by a cyber-attack that may have affected about 143 million U.S. customers of the credit reporting agency, shedding light on one of the largest and most intrusive breaches in history. Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers. Read more details here. Author:Brian […]
Here Are 10 of the Biggest Corporate Hacks in History
Who has been hacked? It might be easier to ask who hasn’t been hacked, as Fortune explores in the cover story of our Jul. 1 issue. The list below is just a sample of big companies and institutions struck by major data breaches in the past five years. As you can see, no industry has […]
New Locky-Variant Ransomware: What MSPs and MSSPs Need to Know
As an IT professional, you know how relentless ransomware attacks have become in today’s landscape. Recently, a variant of the notorious Locky ransomware has become part of a large-scale email-based campaign managing to slip past the defenses of some unsuspecting companies. On August 9, the first campaign of a massive, worldwide ransomware attack was detected—and […]
Ransomware is growing, are you prepared?
The damage caused by global ransomware is predicted to exceed $5 billion in 2017, according to researcher Cybersecurity Ventures. Up from $325 million in 2015, the costs represent not just the amount of the ransom, but also the costs of downtime and lost productivity. Ransomware is any type of malicious software that infects a computer […]
Destruction of service: How ransomware attacks have changed
The latest wave of ransomware attacks, including WannaCry, Petya and NotPetya, show not only an increase in sophistication of these types of attack, but also a change in motivation. Although NotPetya is ostensibly a ransomware variant, the threat actors appeared to have no interest in making money, and were more concerned about damaging companies by […]
Getting A Grip On the Latest Hacking Attacks
The world is feeling scarier by the day. North Korea’s missile threats are no laughing matter. The television news pairs feel-good stories about Fourth of July celebrations with ominous notes about shows of force by police at those same events. And nobody seems to know quite what to think about an outbreak of hacking attacks […]
Uber admits it failed on consumer privacy, settles with FTC
“Remember when Uber employees were reportedly tracking their ex-girlfriends and Beyoncé with a secret God View feature? Uber just admitted that it had flaws in its privacy guarantees. The ride-hailing giant agreed to settle charges from the Federal Trade Commission that it deceived customers by failing to monitor employee access to their personal information and […]
HBO’s Twitter accounts hacked in latest cyberattack
“Premium cable channel HBO has fallen victim yet again to a hacker attack. This time its official Twitter account was broken into, along with accounts for several of its most popular shows. A group calling itself OurMine gained control of HBO’s main account Wednesday night, according to the Hollywood Reporter. It left a message in […]
How To Avoid Cyber Attacks: 5 Best Practices From SEC And FINRA
Regulators agree that cybersecurity threats pose significant risks to financial firms, investors and the markets. As a result, cybersecurity practices are a key focus for regulatory examinations this year for both the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). At the recent 2017 FINRA Annual Conference, David Kelley, Surveillance […]