Wells Fargo will pay $185 million in fines over employees illegally subscribing customers to banking products they didn't request - creating 2 million ghost accounts in the process - in what appears to be one of the largest cases of identity theft ever recorded.
What are the biggest threats to your organization's data? Recent high-profile cyberattacks would lead an organization to believe that its external threats are the most concerning. Unfortunately, this misconception allows another significant threat to your organization's critical assets to remain completely under the...
A former administrative worker at a Florida pediatric practice has been indicted in federal court along with two others for alleged identity theft and fraud crimes involving stolen patient information. But why didn't prosecutors file HIPAA-related criminal charges?
The former Romanian taxi driver who became the hacker known as "Guccifer" will go to U.S. federal prison for 52 months after he breached high-profile accounts for celebrities and politicians.
Websites are wonderfully efficient for businesses to market and sell their products. However, in the same way that a business would monitor transactions in a brick-and-mortar storefront, it is imperative to have visibility into website transactions to prevent financial losses from account takeover, automated attacks,...
A former Fla. hospital worker has been sentenced to federal prison in a case involving criminal HIPAA violations and tax fraud. Although the prosecution of HIPAA-related crimes are still rare, some experts say such cases could be on the rise.
What are the biggest threats to your organization's data? Recent media attention to high-profile cyberattacks would lead an organization to think external threats are its only concern. Unfortunately, this misconception allows another significant threat to your organization's critical assets to stay completely under...
What are the biggest threats to your organization's data? Recent media attention to high-profile cyberattacks would lead an organization to think external threats are its only concern. Unfortunately, this misconception allows another significant threat to your organization's critical assets to stay completely under...
Occupational fraud and insider threat is not new, and it is universal threatening all types of businesses and industries. It can be difficult to detect, and its adverse impact on the enterprise is growing. The key to building an effective strategy is to understand your organization's key vulnerabilities and risk to...
A Senate bill proposes removing Social Security numbers of U.S. veterans from all Department of Veterans Affairs' information systems within the next five years to help reduce identity theft and fraud. How difficult would it be to make the change?
What are the biggest threats to your organization's data? Recent media attention to high-profile cyberattacks would lead an organization to think external threats are its only concern. Unfortunately, this misperception allows one of the biggest threats to your organization's data to stay completely under the radar the...
You've seen the headlines about the Federal Trade Commission's messy legal battle with LabMD, a cancer screening service that was investigated for two alleged data security incidents in 2008 and 2012. Last November, an FTC administrative law judge ruled to dismiss the FTC's case against LabMD, saying the FTC "failed...
Some employees at organizations that use outsourced payroll provider ADP have been hit with tax return fraud. ADP blames customers for failing to secure the unique portal registration codes it issues.
Recent attacks have shown that once a user's endpoint is infected with advanced malware, criminals can bypass most security layers, including two-factor authentication, device ID systems, risk engines and behavioral analytic systems. Banking malware such as Citadel, Zeus, Dyre and Bugat, incorporate advanced...
Although most breach-related class action lawsuits fail, a multimillion dollar settlement of a suit stemming from a data breach at St. Joseph Health System in California illustrates how egregious breaches can have serious financial consequences.
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