Fintech company Block faces a putative class action demanding damages for customers affected by a 2021 data breach that affected 8.2 million individuals. The company, formerly known as Square and co-founded by former-Twitter CEO Jack Dorsey, disclosed the breach in April.
The ongoing COVID-19 pandemic continues to fuel new opportunities for cybercriminals, malicious insiders and other adversaries who are posing new security threats to the privacy of patient health data, says attorney Erik Weinick of law firm Otterbourg P.C.
Retailer Sephora has been fined $1.2 million as part of a settlement agreement with California's attorney general, over accusations that it violated the California Consumer Privacy Act by failing to disclose that it was selling customers' data and not honoring their opt-out requests.
The latest edition of the ISMG Security Report discusses how ransomware-as-a-service groups are shifting their business models, how investigators battling cybercrime have been hindered by GDPR, and how employees consider workplace "choice" a key factor for job satisfaction.
Cybersecurity experts have been reacting to industry veteran Peiter Zatko's allegations of poor information security practices at Twitter, with many noting that he's hardly the first expert to have been hired to remedy serious problems, only to say they were prevented from doing their job.
A breach investigation into an incident initially appearing to affect only one individual has turned into a $300,640 HIPAA settlement for a dermatology practice that was subsequently discovered to be improperly disposing many patient information for more than a decade.
Twitter's former security chief, Peiter Zatko, aka "Mudge," filed a whistleblowing complaint against the social media giant with the U.S. Securities and Exchange Commission, alleging that "extreme, egregious deficiencies" in its cybersecurity remain unresolved.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
Implementation of security service edge technology has progressed over the past six months from early adopters to mainstream organizations, with requests for proposals around SSE projects now carrying tight deadlines rather than no deadline at all, says iboss co-founder and CEO Paul Martini.
The Identity Theft Resource Center's new report shows a 1,044% increase in social media account hijacking. Banking fraud is also rising, with scammers focusing on using stolen personal data to open new banking and credit card accounts in victims' names, says COO James Lee.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
The extremely diverse architectures and systems within the tens of thousands of very specialized types of medical devices used in clinical settings adds to the complexity healthcare organizations and manufacturers face in managing cybersecurity risk for these products, says Phil Englert of H-ISAC.
Obsidian Security has in recent months invested in giving enterprises more visibility into how their SaaS applications are talking to other SaaS applications so that supply chain compromise can be more easily detected and thwarted, according to CEO Hasan Imam.
Calling all Apple users: It's time to once again patch your devices to protect them against two zero-day vulnerabilities that attackers are actively exploiting in the wild to take complete control of devices. While there's no need to panic, security experts advise moving quickly.
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