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Category: Business Sector

For $80 Million, Yahoo! Settles Shareholder Class Action Claiming Stock Price Losses from Data Breaches

Posted on July 12, 2018 by Dissent

Derek Borchardt and Craig A. Newman write: In the first notable resolution of a data breach-related securities fraud case, a federal court has preliminarily approved Yahoo!’s $80 million settlement based on multiple hacking incidents. As we reported, Yahoo! suffered two cyber-attacks in 2013 and 2014, which compromised the personal information of billions of users. Yahoo!,…

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AU: Major employee privacy breach at BHP

Posted on July 12, 2018 by Dissent

Mirage News reports: CFMEU Mining and Energy has written to BHP Billiton today expressing concern about multiple breaches of employee privacy affecting members of the union in Queensland and New South Wales. “It is deeply disappointing that BHP Billiton has failed to address a problem with its payroll system which has resulted in PAYG payment…

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Vodafone information glitch ‘bad privacy breach’

Posted on July 11, 2018 by Dissent

Susan Edmunds reports: A Vodafone mobile customer was shocked to discover he could see a stranger’s personal details when he logged into his account online. Hayden Maskell said, when he logged into My Vodafone twice this week, he could see another customer’s name, account number, phone number, bills and “detailed usage” showing who they had called….

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Update: BP data breach affected 60,000 after malware attack on PageUp job portal

Posted on July 11, 2018 by Dissent

Julie Iles reports that estimates of the PageUp breach impact on BP applicants has increased significantly: BP says a hack of its online recruitment portal has compromised the data of more job applicants than initially suspected. BP has emailed about 60,000 people who applied for jobs in its retail stores since 2008 to notify them they could have…

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MyEtherWallet Warns of [Another] Hack, Urges Hola Users to Move Funds

Posted on July 10, 2018 by Dissent

CCN reports: Popular Ethereum wallet interface and token wallet MyEtherWallet is – yet again – at the center of a significant security breach and has warned its users utilizing a popular VPN to move their funds. MyEtherWallet (MEW) is now reeling from its second major security compromise in under three months after claiming hackers compromised…

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Singapore Taekwondo Federation fined $30,000 for leak of students’ data

Posted on July 10, 2018 by Dissent

ChannelNewsAsia reports: The Singapore Taekwondo Federation has been fined S$30,000 after the NRIC numbers of 782 minors were disclosed via PDF documents on its website. The issue was discovered on May 19 last year when a complainant came across PDF documents with the names and schools of students participating in the 2017 Annual Inter-School Taekwondo Championships,…

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