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Latest coverage for Theft

Theft in cybersecurity covers stolen data, credentials, devices, and funds, often creating risks of unauthorized access, fraud, and privacy loss.

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Unauthorized taking or copying of information, credentials, intellectual property, or digital assets is cyber theft. News under this tag may involve stolen passwords, payment data, personal information, source code, cloud tokens, cryptocurrency, or sensitive business files. Theft can result from phishing, malware, compromised accounts, insider access, exposed storage, or the loss of an unencrypted device; the relevant issue is the unauthorized acquisition or control of an asset, whether or not the attacker also alters systems.

Security teams should identify where valuable data and credentials are stored, restrict access by role, require strong authentication, encrypt data at rest and in transit, and monitor unusual downloads or transfers. Vulnerability management matters when flaws expose databases, endpoints, or cloud services to unauthorized retrieval. After suspected theft, preserving logs, revoking tokens and credentials, determining what was accessed or copied, and assessing privacy or notification obligations are central to containing the incident and measuring its impact.

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Bank Info Security 1 year, 6 months ago

Could HIPAA Security Update Mean Bigger Lawsuit Payouts?

Experts Expect Breach Lawsuits to Multiply, Bolstered by New Compliance StandardsTampa General Hospital has agreed to pay $6.8 million to settle a consolidated proposed federal class action lawsuit filed in a the wake of a 2023 data theft incident affecting about 2.1 million people. How might a potential update to the HIPAA Security Rule affect similar lawsuits moving forward?

Cybercrime History Teaches That Paying a Ransom for Data Deletion is FoolishData breach victim PowerSchool, maker of a widely used K-12 student information system platform, has been attempting to assure schools, and parents and guardians, by saying its attacker has promised to delete the stolen data. What's the old saying about those who fail to learn from history?

Bank Info Security 1 year, 6 months ago

Staten Island Hospital Notifying 674,000 of May 2023 Hack

Data Theft Incident Also Disrupted IT Systems for Nearly a MonthRichmond University Medical Center, a 440-bed teaching hospital on Staten Island, N.Y, is notifying 674,000 people of a data theft that happened 18 months ago. The breach was part of a ransomware attack that disrupted the organization's IT systems for several weeks in spring 2023.