A proposed settlement in a class action lawsuit filed against ULCA Health in the wake of a 2015 cyberattack affecting 4.5 million individuals stands apart from other settlements because it requires the organization to spend a substantial sum on improving its security, says attorney Steven Teppler.
Brad Smith, Microsoft's chief legal officer, says Australia's encryption-busting law is causing companies and governments to look elsewhere to store their data. Microsoft hasn't changed it own local operations yet, but other companies say they're no longer comfortable storing data there, he says.
Special Counsel Robert Mueller's two-year investigation into Russia's 2016 election interference has concluded, finding no evidence that President Trump's campaign coordinated with Moscow, although Mueller declined to exonerate Trump over obstruction of justice, says U.S. Attorney General William Barr.
Karl Racine, the attorney general for Washington, D.C., is looking to strengthen the District's data breach laws, specifically by offering greater protection for consumers and holding businesses accountable when they are breached or lose data.
The former CEO of what was once the world's most popular bitcoin exchange, Mt. Gox, will not serve prison time. Mark Karpelès was sentenced Friday to two and a half years in prison on one charge of falsifying data, but the sentence was suspended. He was cleared of embezzlement and fraud charges.
Backers in the U.S. Congress are hoping that the third time is the charm for an internet of things cybersecurity bill that would set minimum security standards for the connected devices that the federal government purchases for various projects.
The latest edition of the ISMG Security Report features Greg Touhill, the United States' first federal CISO, discussing how "reskilling" can help fill cybersecurity job vacancies. Plus, California considers tougher breach notification requirements; curtailing the use of vulnerable mobile networks.
Technology organizations say Australia's anti-encryption law passed in December 2018 is already undermining trust in their local operations. The comments come as a Senate committee is reviewing the law - passed in a hurry in December - to consider whether to amend it.
Fast-food giant Wendy's has reached a $50 million settlement agreement with financial institutions that sued after attackers planted RAM-scraping malware on point-of-sale systems in 1,025 of its restaurants in 2015 and 2016, exfiltrating data for 18 million payment cards.
Germany's competition authority, the Bundeskartellamt, has prohibited Facebook from combining user data from different sources unless users consent, and it has also prohibited Facebook from blocking users who do not provide this consent. Facebook has one month to appeal the antitrust decision.
A $3.1 million proposed settlement has been reached in a data breach class action lawsuit against Community Health Systems stemming from a 2014 cyberattack that affected 4.5 million individuals. Why are settlements in data breach cases still relatively rare?
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.