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 […]
Cost to US Companies of Data Breach Totals $7 Million
“The cost to a U.S. company of a single lost or stolen digital record containing sensitive or confidential information reached $221 this year, up 2% year over year. The average total cost to a company from a data breach rose 7% to $7.01 million. On average, a single breach involved nearly 30,000 records, in a […]
LinkedIn hacking suspect identified by feds
A grand jury has issued a criminal indictment against Yevgeniy Aleksandrovich Nikulin, a 29-year-old Russian accused of hacking LinkedIn, Dropbox and a third web service. The indictment, filed Thursday, was made public Friday night by the U.S. Department of Justice. The federal government has now confirmed Nikulin was the Russian citizen arrested in Prague on […]
Security analyst says Yahoo!, Dropbox, LinkedIn, Tumblr all popped by same gang
Five hackers are said to be behind breaches totalling up to a staggering three billion credentials from some of the world’s biggest tech companies including the Yahoo! breach that led to the loss of 500 million credentials. The claims, made to The Reg by recognised threat intelligence boffin Andrew Komarov, pin the world’s largest hacks […]
Verizon wants $1B discount on Yahoo deal after reports of hacking, spying
“Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively. The request comes on the heels of the web giant getting bludgeoned by bad news in the past few days. Yahoo revealed two weeks ago that it had been hacked in 2014 […]
Calls for Federal Breach Notification Law Continue After Yahoo Data Breach
“Data breach prevention and response are again at the forefront of the public consciousness with the recent news of a massive data breach by Yahoo. The call for federal breach notification legislation was revived by the FTC on September 27, 2016, five days after the Yahoo breach was announced. During testimony before the U.S. Senate […]
Yahoo Data Breach Could Result In Lawsuits
“Yahoo, which is reeling from a massive data breach, is reportedly facing a class-action lawsuit over it. According to a report, the company is facing two lawsuits, both filed in the U.S. District Court, since the massive breach was announced. “For Yahoo to lay the blame on state-sponsored entities for this data breach seems like […]
Trump hotel chain fined over data breaches
“Trump Hotel Collection has arrived at a settlement with New York Attorney General Eric T. Schneiderman over hacks that are said to have led to the exposure of over 70,000 credit card numbers and other personal data. The hotel chain, one of the businesses of Republican presidential candidate Donald Trump, has agreed to pay $50,000 […]
Yahoo facing lawsuits in the wake of massive data breach
“Yahoo is facing lawsuits from people who fear their accounts have been hacked and claim the company was “grossly negligent,” putting their financial and personal data at risk. Two lawsuits, both filed in California, also allege that Yahoo (YAHOF) did not adequately disclose the breach that exposed private information of at least 500 million users. […]