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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.
Customers Report Seeing Each Other's Bookings, Inadvertent Flight CancellationsAustralian's Qantas Airways has confirmed suffering a data breach after its app began inadvertently exposing other customers' data to each other. While the airline said no financial data was exposed, customers reported seeing other people's details, as well as unexpected flight cancellations.
Also: Polish Prime Minister Says Previous Administration Deployed Pegasus SpywareThis week, the Zeus leader pleaded guilty, Prudential detected hackers, U.S. telecoms have to report breaches, Microsoft patched zero-days, researchers said Chinese threat intel is faulty, ransomware hit Romanian healthcare entities, Juniper was breached and Poland allegedly previously used Pegasus.
John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. With this data, they can make data driven decisions about how they implement
Follows similar efforts from the SEC and DHS in recent months The US has approved mandatory data breach reporting requirements that impose a 30-day deadline for non-banking financial organizations to report incidents.…
The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days. [...]
The stakes could not be higher for cyber defenders. With the vast amounts of sensitive information, intellectual property, and financial data at risk, the consequences of a data breach can be devastating. According to a report released by Ponemon institute, the cost of data breaches has reached an all-time high, averaging $4.35 million in 2022
New research report reveals financial organizations are failing to act despite majority experiencing a firmware-related breach.
New research report finds most financial organizations have experienced a breach due to an authentication weakness, yet only a third took action