SECURITY & FRAUD Only One In Four Orgs Can Detect Hack, Respond To A Data Breach
“New research from global security and compliance solutions provider Tripwire revealed that only 25 percent of organizations have the technology needed to effectively detect and respond to a hack or data breach. The comprehensive study, conducted by Dimensional Research, analyzed the challenges organizations face when trying to optimize cybersecurity and compliance programs by surveying more […]
Hackers Breached San Francisco’s Transit System and Demanded a Ransom
“The computer system that serves San Francisco’s Muni was hacked late last week, giving locals tens of thousands of free rides on the nation’s seventh-largest transit system. The ransom, according to correspondence between the San Francisco Examiner and the email address displayed on Muni employees’ hacked computer screens, was 100 Bitcoin, or about $74,000. By […]
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 […]