Cybercrime: The Price Of Inequality

“Cybercrime costs are projected to reach $2 trillion by 2019 predicts Juniper Research, and $6 trillion by 2021 posits Cybersecurity Ventures. Cybercrime has already cost U.K. business over £1 billion in the past year according to the U.K.’s national fraud and cybercrime reporting center. And the 2016 Norton Cyber Security Insights Report states that global cybercrime hit $126 billion […]

Ransomware Poses Evolving Threat to Enterprises in 2017, Report Finds

“Ransomware is a big problem and becoming more serious as hackers around the world target enterprises that are most able to pay hefty data ransoms and can’t afford to be locked out of critical business data, a new report from security companies Trend Micro and Information Security Media Group (ISMG) reveals. The two firms recently […]

Holiday Inn Owner InterContinental Hotels Investigating Possible Credit Card Breach

“The Intercontinental Hotels Group — parent company to a number of hotel chains, including Holiday Inn and Holiday Inn Express — is investigating a possible breach of customers’ payment card data. In addition to the Holiday Inn brands, InterContinental owns a number of chains: Crowne Plaza, Staybridge Suites, Candlewood Suites, Hotel Indigo, Even Hotels, and […]

Data breach at LinkedIn’s Lynda.com affects 55,000 accounts

“Microsoft is getting a little bit more than it bargained for now that its acquisition of LinkedIn is official. LinkedIn’s training site Lynda.com is notifying users of a database breach that includes the passwords of just under 55,000 accounts. All those passwords were “cryptographically salted and hashed” to prevent access the site says, but it’s […]

Yahoo says hackers stole information from over 1B accounts

https://upload.wikimedia.org/wikipedia/commons/a/aa/YAHOO_headquarters.jpg

“Yahoo says it believes hackers stole data from more than one billion user accounts in August 2013, in what is thought to be the largest data breach at an email provider. The Sunnyvale, California, company was also home to what’s now most likely the second largest hack in history, one that exposed 500 million Yahoo […]

Quest Diagnostics says 34,000 customer accounts hacked

“Medical laboratory operator Quest Diagnostics Inc. says a hack of an internet application on its network has exposed the personal health information of about 34,000 people. The Madison, New Jersey-based company says “an unauthorized third party” on Nov. 26 gained access to customer information including names, dates of birth, lab results and in some instances, […]

FriendFinder Data Breach Exposes 400 million+ Accounts

“FriendFinder Networks is a company in the adult entertainment, social networking, and online dating space. Several databases from FriendFinder Networks web sites with more than 412 million accounts, including usernames, e-mails, and passwords, have been breached and leaked. November reports of this data breach on The Verge, LeakedSource and TechCrunch, to name a few, describe […]

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 […]

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 […]