Hindustan Times reports: Crucial data and passwords of Ludhiana-based Trident Group, one of the leading business houses in the region, have allegedly been leaked, prompting the Punjab Police’s cyber crime cell to lodge an FIR [First Information Report] against employees of an information technology (IT) solution firm. In its complaint to the cyber crime cell,…
Category: Business Sector
French Data Protection Authority Imposes a Record 250,000 € Fine to Optical Center for a Security Breach on its Website
Catherine Muyl and Marion Cavalier of Foley Hoag write: On June 7, 2018, the French Data Protection Authority (the CNIL) published a decision (issued one month earlier) in which it imposed a record 250,000 euros fine on Optical Center (which, although its name does not indicate, is a French company) for having insufficiently secured the…
Delta sued over 2017 breach not disclosed to them for six months by third-party vendor
Christina Davis reports on a class action suit filed against Delta Airlines where the main complaint appears to be that customers were first notified of the hack until six months after it occurred. […] According to the Delta class action lawsuit, the third party running the online chat room knew of the data breach for…
Bitcoin tumbles as hackers hit South Korean exchange Coinrail
Cynthia Kim reports: South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset. Read more on Reuters.
Yahoo’s EU regulator orders privacy changes over data breach
Padraic Halpin reports: Yahoo’s European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens. […] It ordered the internet company to take specified actions, including ensuring that all its data protection policies take account of the applicable…
California man convicted of hacking Embarcadero Media in 2015
SAN JOSE – A federal jury returned a verdict yesterday against Ross Colby, finding him guilty of three counts of computer intrusion, one count of attempting to damage a protected computer, and one count of intentionally damaging a protected computer, announced Acting United States Attorney Alex G. Tse and Federal Bureau of Investigation (FBI) Special…