In the wake of the recent hack of the Bitfinex bitcoin exchange, the stability and security of cryptocurrency is again being questioned. In this video interview, cryptocurrency expert Robert Schwentker contends the attack, and others like it, could lead to regulation of cryptocurrencies.
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.
The recent cyberattack on Banner Health Care, which may have compromised information on as many as 3.7 million individuals, appears to be the largest healthcare data breach reported so far in 2016 - a year that's already seen a string of disturbing hacker attacks. Here's an overview of recent cyberattack trends.
In the largest HIPAA settlement to date, federal regulators have smacked Chicago-based Advocate Health Care with a $5.5 million fine in the wake of an investigation into three 2013 breaches. The settlement is HHS's tenth HIPAA enforcement action this year.
The reported theft of $69 million worth of bitcoins from a Hong Kong-based exchange highlights the continuing challenges around keeping large quantities of digital currency out of the reach of hackers.
Arizona-based Banner Health, which operates 29 hospitals, says it's notifying 3.7 million individuals that their data was exposed in a "sophisticated cyberattack." An initial attack against payment card processing systems apparently opened the door to the attackers accessing healthcare data.
While hackers and ransomware attacks have been hogging the spotlight lately, regulators are warning healthcare entities and their business associates not to underestimate the serious security and privacy threats that insiders can pose.
HHS will issue up $1.75 million in grants to give a boost to one organization that will take a lead role in cyber threat information sharing. A top priority of the ramped-up effort to help fight cyberattacks in the healthcare sector is to keep smaller organizations better informed of the latest risks.
The breach of an offshore account owned by Union Bank of India is raising new questions about the security of interbank payments, which often rely on antiquated backend verification processes that fraudsters seem to be compromising with relative ease.
As a report surfaced July 29 that the campaign of presidential nominee Hillary Clinton was hacked, the Democratic Congressional Campaign Committee confirmed that it was breached shortly after the Democratic National Committee announced that it, too, had been hacked.
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.
A Georgia-based orthopedic clinic has confirmed it's one of the victims of cyberattacks by "The Dark Overlord" hacker who recently posted for sale copies of stolen databases he says contain millions of records. But the clinic is tight-lipped about whether it was a victim of extortion.