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HIPAA Settlement Small Compared to Many OthersU.S. federal regulators fined a dental practice software vendor with a seemingly lowball financial penalty for a high-stakes 2020 hack affecting 15 million individuals that the company failed to report. Maryland-based MMG Fusion agreed to $10,000.
Government, financial, and industrial organizations located in Asia, Africa, and Latin America are the target of a new campaign dubbed PassiveNeuron, according to findings from Kaspersky
Also: Zero-Days Affect Financial Markets, SailPoint IPO Signals Market TrendsIn this week's update, ISMG editors discussed the latest "Modern Bank Heists" report and the evolving threats to financial institutions, fallout from the U.S. Department of Government Efficiency's AI-driven government shake-up, and what SailPoint's IPO signals for the cybersecurity vendor market.
InfoSys McCamish Systems Earlier Alerted 57,000 Bank of America Clients of BreachInfosys McCamish Systems, an insurance software product and services vendor, is notifying nearly 6.1 million people of a 2023 ransomware incident that potentially comprised their sensitive data, including Social Security numbers, medical treatment, and financial and biometric information.
The private information of more than 28,000 people may have been accessed by unauthorized actors, thanks to a cyber incident at service provider Infosys McCamish — the same third party recently responsible for the Bank of America breach.
Bank of America is warning customers of a data breach exposing their personal information after one of its service providers was hacked last year. [...]