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Category: Business Sector

RI treasurer sues Facebook, Zuckerberg over alleged financial losses due to data breach

Posted on July 31, 2021 by Dissent

Katie Mulvaney reports:  The state retirement system is suing Facebook and its co-founder, Mark Zuckerberg, alleging that the social media giant and its leaders breached their financial duties in connection with the collection of private data of millions of users. “As Treasurer, my job is to stand up for the financial wellbeing of all Rhode…

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Zynga wins bids to compel arbitration, toss data breach case

Posted on July 30, 2021 by Dissent

Sara Merken reports an update to litigation following GnosticPlayers’ hack of Zynga in 2019:  A California federal judge on Friday dealt a blow to plaintiffs suing mobile game developer Zynga Inc over a 2019 data breach, greenlighting a bid to compel arbitration of some users’ claims and granting a motion to dismiss the rest. The ruling in…

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China Orders 25 Tech Giants to Fix Raft of Problems

Posted on July 30, 2021 by Dissent

Bloomberg News reports: China ordered more than two dozen technology firms to carry out internal inspections as part of a campaign to root out illegal online activity. The Ministry of Industry Information Technology on Friday told 25 of its largest internet and hardware companies including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to carry out internal reviews and rectify issues…

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D-BOX provides update following ransomware incident two weeks ago

Posted on July 28, 2021 by Dissent

MONTREAL, July 28, 2021 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a world leader in haptic and immersive entertainment, announces that the Corporation is gradually resuming its activities following a ransomware cyberattack against its internal IT systems announced on July 14, 2021. All major IT systems have been restored and the…

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Uber found to have breached Australian’s privacy following 2016 hack

Posted on July 27, 2021 by Dissent

Cameron Abbott and Jacqueline Patishmanof K&L Gates write: In 2017, Uber disclosed to the Office of the Australian Information Commissioner (OAIC) a breach of its some 57 million global users and driver’s personal information (including approximately 1.2 million Australians). Last Friday, the OAIC determined that Uber had breached the Australian Privacy Act by failing to take reasonable steps to…

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When Ransomware Group REvil Vanished, Its Victims Were Stranded

Posted on July 27, 2021 by Dissent

While Kaseya clients and their clients got some welcome help in the past few days when Kaseya announced that they had a universal decryptor go give clients — a decryptor that they claim they did not pay anyone in any way to obtain — there are are still other victims of REvil struggling. Kartikay Mehrotra…

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