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Category: Business Sector

FTC settles charges against Cord Blood Registry over data breach

Posted on January 28, 2013 by Dissent

Back in December 2010, a computer belonging to Cord Blood Registry (CBR) and a backup tape with customers’ information was stolen from an employee’s unattended vehicle. The breach was disclosed in February 2011, and I covered it on this blog, here. Today, the FTC announced that it had settled charges against CBR over the breach….

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Sony fined £250,000 after millions of UK gamers’ details compromised in 2011 Playstation hack

Posted on January 24, 2013 by Dissent

It was one of the biggest hacks of 2011 from a media standpoint, and at least some of those involved were subsequently arrested.  But Sony’s woes from the hack are not over and it has now been hit with the biggest monetary penalty ever issued by the U.K. Information Commissioner’s Office for a data breach….

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Genesco may sue credit card companies over fines for 2010 data breach

Posted on January 17, 2013 by Dissent

In December 2010, Genesco, the parent company of United States Journeys, Journeys Kidz, Shi by Journeys, Johnston & Murphy,  and Underground Station,  disclosed its network had been compromised by malware and that it had first learned of the compromise from payment processors. Fast forward two years, and Genesco may be suing American Express, MasterCard and Visa for $15.6 million, according…

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Over 100 Zaxby’s franchises may have had customer credit card data stolen

Posted on January 12, 2013 by Dissent

If you eat at Zaxby’s, you should check to see if your location is affected/ by a security breach. Yesterday, the chain announced that some of their stores (108, so far, by their list) had suspicious files found on their systems that may have exfiltrated customer credit and debit card info. Although the press release does…

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Global Payments revises total breach cost estimates upwards, but wait until you see what *didn’t* cost them

Posted on January 10, 2013 by Dissent

In September, I posted Global Payments’ statement from their quarterly filing that dealt with the costs of a breach disclosed in March 2012.  BankInfoSecurity.com has just reported on their most recent filing. Whereas last year,  Global Payments estimated the cost of the breach at about $84 million,  their current 10-Q filing puts the cost of the…

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Cops Suspect Up to 300 Counts of Fraud In KTSU DJ Case

Posted on January 10, 2013 by Dissent

William Michael Smith and  Steve Jansen report: A TSU DJ has been arrested in an alleged pledge-drive scam, a local TV watchdog reporter said late Wednesday. According to a tweet from Fox 26 reporter Isiah Carey late this afternoon, KTSU radio volunteer Michael Whitfield was arrested earlier in the day and could face up to 300…

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