Izzy Kapnick reports: A $380 million settlement over the 2017 Equifax data breach is hanging in the balance in the 11th Circuit, where a tort-reform attorney argued Tuesday that the deal unfairly lumped all plaintiffs into a single class. During the cantankerous appellate hearing, a three-judge panel weighed whether to preserve the historic settlement arising…
Category: Business Sector
Ransomware gang tries to extort Apple hours ahead of Spring Loaded event
Catalin Cimpanu reports: The operators of the REvil ransomware are demanding that Apple pay a ransom demand to avoid having confidential information leaked on the dark web. The REvil crew claims it came into possession of Apple product data after breaching Quanta Computer, a Taiwanese company that is the biggest laptop manufacturer in the world and which is…
Internal Facebook Memo Reveals Company Plan to ‘Normalize’ News of Data Leaks After 500 Million User Breach
Adam Smith reports: A leaked internal Facebook memo has inadvertently revealed the social media giant’s tactics after its recent data scraping controversy. Approximately 535 million accounts, one of which belonged to chief executive Mark Zuckerberg, had their personal information exposed. Online tools allowed anyone to check if their information, which included phone numbers, was revealed. Facebook said it would…
In: Domino’s Data Breach In India: Jubliant FoodWorks Denies Financial Data Leak
Shloak Prabhu reports: Domino’s India, which is owned by Jubilant FoodWorks has apparently fallen victim to a massive data leak. Hackers have reportedly published crucial data on the dark web. The data contains details of lakhs of Domino’s India customers and employees. As per reports, sensitive customer data like names, phone numbers, and credit card…
They Hacked McDonald’s Ice Cream Machines—and Started a Cold War
Andy Greenberg reports: Of all the mysteries and injustices of the McDonald’s ice cream machine, the one that Jeremy O’Sullivan insists you understand first is its secret passcode. Press the cone icon on the screen of the Taylor C602 digital ice cream machine, he explains, then tap the buttons that show a snowflake and a milkshake…
Social-Media Data Leaks Draw Scrutiny From European Regulators
Catherine Stupp reports: Facebook Inc., Clubhouse and Microsoft Corp.’s LinkedIn have stressed that recently reported data leaks involved information from public user profiles, not from security breaches. In the European Union, where privacy laws require businesses to protect even publicly available personal data, that distinction may not relieve them of responsibility. Read more on WSJ.