The financial sector continues to be a prime target for highly sophisticated, customized attacks. The SWIFT money transfer system recently came under attack resulting in an $81 million heist of the Bangladesh Bank. This number pales in comparison to an estimated $1 billion stolen from over 100 banks worldwide by the...
In a rare settlement of a data breach class action lawsuit, Tampa General Hospital has agreed to pay plaintiffs who alleged they're at risk for identity theft as a result of insider incidents. But was the settlement amount appropriate?
Adobe will pay a small financial penalty to 15 states to resolve consumer protection and privacy claims following a data breach that affected 38 million active user accounts. The company's legal fees associated with the incident are likely far higher than the settlement amount, experts say.
A federal court of appeals has granted a temporary "stay," or delay, in implementing the FTC's consent order against LabMD while the now-shuttered cancer testing laboratory pursues its appeal of the commission's July ruling in the dispute over the lab's information security practices.
Yahoo in 2014 spotted that an attacker - later revealed to have compromised 500 million accounts - was inside its network, according to a new SEC filing. With Yahoo's $4.8 billion sale to Verizon still pending, the admission adds to the search giant's complications.
Plaintiffs suing Anthem Inc. in the wake of a cyberattack that exposed information on nearly 80 million individuals want a court to open the door to revealing more of the results of audits of the insurer conducted by the U.S. Office of Personnel Management.
The FTC has denied LabMD's request for a "stay," or delay, in implementing the regulator's final order stemming from a longstanding dispute over the cancer testing lab's information security practices. LabMD has asked an appellate court to review the case.
Chipmaker Intel will spin out its Intel Security unit - once again named McAfee - with a value that's markedly lower than what it paid. Meanwhile, long-gone founder John McAfee is suing for the right to launch a new security company bearing his name.
A lawsuit filed by St. Jude Medical claims that a recent report alleging dangerous cybersecurity vulnerabilities in its implantable cardiac devices was financially motivated and contained false statements and "market-bombshell scare tactics."
As it prepares to file an appeal in federal court, LabMD is seeking a "stay" in implementing the Federal Trade Commission's final ruling in a longstanding dispute over the lab's information security practices.
In today's environment, federal and state regulators come at breached companies from all angles, with requests for investigative information, breach response plans and fines. Attorney Deborah Gersh explains why so many agencies stake their claims in breach response.
The Federal Trade Commission has overturned a decision made last fall by its own administrative law judge to dismiss the longstanding data security enforcement case against the now-shuttered medical testing laboratory LabMD. Company CEO Michael Daugherty plans to appeal.
MacKeeper squared off with a 14-year-old over four videos he posted that criticized the anti-virus firm's marketing practices, warning the teenager that his parents could face steep legal fees and civil fines for alleged slander and libel.
Forget the 2015 mega-breach, an ongoing FTC probe or multiple class-action lawsuits: A new leadership team wants to reboot infidelity-focused online dating website Ashley Madison, promising that this time they'll get security and privacy right.