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Category: Business Sector

FTC Announces Enforcement for Inadequate Third Party Risk Management Practices Under the GLBA’s Safeguards Rule

Posted on December 27, 2020 by Dissent

Hunton Andrews Kurth writes: On December 15, 2020, the Federal Trade Commission announced a proposed settlement with Ascension Data & Analytics, LLC, a Texas-based mortgage industry data analytics company (“Ascension”), to resolve allegations that the company failed to ensure one of its vendors was adequately securing personal information of mortgage holders. The FTC alleged that Ascension’s vendor, OpticsML,…

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Koei Tecmo – Websites down due while probable cyberattack investigated

Posted on December 26, 2020 by Dissent

Adnan Siddiqi reports that Koei Tecmo is investigating what may be a cyberattack. The firm reported: KOEI TECMO HOLDINGS CO., LTD. (KOEI TECMO) reported on December 22, 2020 that the website operated by its UK subsidiary KOEI TECMO EUROPE LIMITED (KTE) possibly had some of the user information collected on its website leaked online. ….

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Personal Data from Thousands of Pension Plan Accounts Breached…Third-Party Service Provider Blamed

Posted on December 25, 2020 by Dissent

Joseph J. Lazzarotti of JacksonLewis writes: One of the last things pension plan participants would want to learn as they get ready to celebrate the Christmas holiday is that personal data from their pension accounts may have been compromised. This is the case, unfortunately, for approximately 30,000 Now:Pensions customers whose names, postal and email addresses,…

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StockX succeeds in getting class action lawsuit dismissed, still faces arbitration

Posted on December 25, 2020 by Dissent

There’s an update to the StockX breach incident of 2019 and resulting litigation. The breach was initially covered on this site in August, 2019, following some great reporting by TechCrunch that exposed the breach was bigger than what the company had suggested. Now Reuters reports a proposed class action lawsuit against StockX has been dismissed…

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Camera Giant Canon Targeted in Proposed Data Breach Class Action

Posted on December 25, 2020 by Dissent

Jake Holland reports: Camera and lens manufacturer Canon U.S.A. Inc. was hit with a proposed class action after a ransomware attack exposed current and former employees’ personal information. The plaintiffs—residents of Ohio, New York, Florida, and Illinois—allege that the company acted negligently and violated several state trade practices laws by failing to guard against the threat, according…

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5th Avenue Theatre Takes Action Following Theft of Employee Data in August

Posted on December 25, 2020 by Dissent

SEATTLE, Dec. 24, 2020 /PRNewswire/ — The 5th Avenue Theatre (the “Theatre”) announced today that it suffered a break-in and theft which it first learned of on August 30, 2020 (the “Incident”). The Incident occurred overnight on August 29, 2020 where unauthorized individuals broke into the Theatre, among other offices in the building, and stole certain computer back-up tapes and specialized equipment which…

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