Data Breaches
Manufacturers, service providers primary targets of Q1 ransomware incidents
Dive Brief: Ransomware attacks increased 25% in Q1 2020 compared to Q4 2019, according to incidents recorded by Beazley Breach Response (BBR) Services, the breach response arm of cyber insurer Beazley. Manufacturing was hit the hardest, seeing a 156% quarter-on-quarter increase. While vendors and managed service providers were targets before, BBR found…
Read More »107 Must-Know Data Breach Statistics for 2020
As more and more companies experience crippling security breaches, the wave of compromised data is on the rise. Data breach statistics show that hackers are highly motivated by money to acquire data, and that personal information is a highly valued type of data to compromise. It’s also apparent that companies…
Read More »EasyJet admits data of nine million hacked
EasyJet has admitted that a “highly sophisticated cyber-attack” has affected approximately nine million customers. It said email addresses and travel details had been stolen and that 2,208 customers had also had their credit card details “accessed”. The firm has informed the UK’s Information Commissioner’s Office while it investigates the breach.…
Read More »Unpacking a $460,000 Ransomware Attack
Thursday, May 21st @ 2:00 PM CST The fired Director of IT from Lake City, Florida lays out the timeline of events and what went wrong before and after the city paid a $460,000 ransom to hackers. Register here: http://ow.ly/j46N50zGq6Y *What happened *What went right *What went wrong *Lessons learned
Read More »Pitney Bowes Battles Second Ransomware Attack
After suffering a ransomware attack last October that left several systems inaccessible, mailing equipment manufacturer Pitney Bowes reports that it recently blocked another ransomware attack before any data was encrypted and says there’s “no evidence of further unauthorized access to our IT systems.” See Also: Role of Deception in the…
Read More »When Ransomware Cripples a City, Who’s to Blame? This I.T. Chief Is Fighting Back
Brian A. Hawkins Googles his name and last employer and winces. The words that appear are verbs like “fired,” “axed” and “sacked.” The former information technology director of Lake City, the northern Florida city that was forced to pay out nearly half a million dollars after a ransomware attack this…
Read More »Why The Largest Cyberattack In History Will Happen Within Six Months
Image: GETTY The coronavirus is laying the groundwork for a massive cyberattack. In fact, I’m on record today saying we’ll see the largest cyberattack in HISTORY within the next six months. Nobody is talking about this today. Fighting hackers is the last thing on most folks’ minds. But coronavirus practically guarantees “largest…
Read More »Law Firm Representing Lady Gaga, Madonna, Bruce Springsteen, Others Suffers Major Data Breach
Grubman Shire Meiselas & Sacks, a large media and entertainment law firm, appears to have been the victim of a cyberattack that resulted in the theft of an enormous batch of private information on dozens of celebrities, according to a data security researcher. The trove of data allegedly stolen from…
Read More »York University cyber attack looks like ransomware, says security expert
Last week Toronto’s York University fell victim to what appears to be a ransomware attack, according to cybersecurity expert David Masson, and it shouldn’t come as a surprise. Masson, director of enterprise security at cybersecurity firm Darktrace, says there have been multiple advisories recently warning healthcare providers, municipalities and academic…
Read More »Data Breach and Vicarious Liability for Employee Misconduct
It is not only hackers who pose a risk to an organization’s information security; hostile insiders do as well. According to Verizon, an estimated 34 percent of data breaches involve internal actors. Hostile insiders may be motivated by personal reasons (e.g., peeking at personal information of their employer’s customer base…
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