Settlement proposed in Home Depot data breach lawsuit

“A proposed settlement was submitted to the court for approval Wednesday which would conclude the data breach lawsuit brought against Home Depot stemming from a 2014 data breach. CUNA, state leagues and a number of credit unions are among the plaintiffs. “Credit unions and their members have unfortunately borne the brunt of lax merchant data […]

Scott+Scott Files Lawsuit on Behalf of Financial Institutions Harmed by Arby’s Data Breach

“Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), announces that it has filed a lawsuit on behalf of a putative class of financial institutions that suffered damages as a result of the recently-announced data breach at nationwide locations of Arby’s Restaurant Group, Inc. (“Arby’s”). In or around October 2016, computer hackers began using malicious software, known as […]

After data breaches, Verizon knocks $350M off Yahoo sale, now valued at $4.48B

“After the disclosure of two massive data breaches last year, today Yahoo and Verizon finally confirmed new terms for the sale of Yahoo to Verizon: Verizon will pay $350 million less than originally planned, working out to a price of $4.48 billion to acquire Yahoo. The two have also agreed to share legal and regulatory […]

Yahoo Warns Users Their Email Accounts May Have Been Hacked – Yes, Again

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“On the same day as a report that says Verizon is renegotiating its offer to buy Yahoo at a $250 million discount, the internet company — for the third time in less than six months — is warning users that there’s potential their email accounts may have been hacked. Yahoo confirmed today that it was […]

Arby’s probes possible data breach of 355K credit cards

“Arby’s Restaurant Group Inc. is investigating a possible data breach in its point-of-sale systems that may involve more than 355,000 credit and debit cards. The Atlanta-based Arby’s said it notified law enforcement and brought in leading security experts to investigate malware found on its point-of-sale system. “While the investigation is ongoing, ARG quickly took measures […]

Sportswear retailer investigates data breach

“Columbia Sportswear’s prAna brand has become the industry’s latest cyber-breach victim. When the lifestyle brand’s e-commerce site was targeted last week, the incident lead Columbia to “immediately launch an investigation and engage a leading third-party cyber security firm to assist us,” Columbia’s CEO Timothy Boyle said on the company’s Q4 2016 earnings call on Feb. […]

Horizon Blue Cross Blue Shield loses round in data breach litigation

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“Justia provides a summary of an opinion issued by the Court of Appeals for the Third Circuit that revives a potential class action lawsuit again a New Jersey health insurer. The litigation stemmed from a breach in November, 2013 when two laptops with almost 840,000 members’ personally identifiable information were stolen from Horizon’s offices in […]

‘Hack the Army’ Program Nets 118 Bugs

“And you thought hacking the Pentagon was easy: The US Army last week revealed details of its first bug bounty program. The four-week Hack the Army scheme generated 416 vulnerability reports (nearly 30 percent of which are unique and actionable) and approximately $100,000 for security researchers and bug hunters. The most significant flaw—as reported by […]