From Bloomberg Law: Because the plaintiffs failed to demonstrate actual injuries, arts and crafts retail chain Michaels Stores Inc. Dec. 28 dodged a federal court putative class action over a data breach that compromised approximately 2.6 million payment cards. Dismissing the suit without prejudice, Judge Joanna Seybert of the U.S. District Court for the Eastern District of…
Category: Business Sector
Korea opens pan-industry center for credit data protection and security
Lee Sun-young reports: Korea Credit Information Services, a pan-industry body tasked with data preservation and protection, was launched in Seoul on Tuesday amid mounting calls for data security after a series of large-scale information leaks. The new entity will act as a centralized data center for personal credit information, taking over data collected and preserved…
Henry Schein settles FTC charges it misled customers about encryption of patient data
It appears the FTC acted on a complaint I filed with them last year concerning Henry Schein Dental’s use of the word “encryption” in their marketing and their refusal to individually notify customers that the “encryption” provided by Dentrix G5 was not NIST-grade encryption that would give them Safe Harbor under HIPAA. Background on my concerns…
Mumbai: Six booked for stealing software firm’s source code
The Asian Age reports that the principal of Intellect Software Solutions Pvt Ltd. has filed a complaint against six persons, including two directors of a private firm, for allegedly stealing his source code: the complainant and the accused firm had struck a deal but the latter didn’t pay the entire amount of around Rs 25.50…
Nigerian charged in email scam is in custody in Dallas
Kevin Krause reports: A Nigerian man living in the U.S. on a student visa faces federal wire fraud charges in connection with a sophisticated email phishing scam targeting businesses. Amechi Colvis Amuegbunam, 28, of Lagos, Nigeria, was arrested in Baltimore in August and charged with scamming 17 North Texas companies out of more than $600,000…
Microsoft failed to warn victims of Chinese email hack–former employees
Joseph Menn reports on some poor decision-making by Microsoft that left hacking victims in the dark that their communications had been intercepted: Microsoft Corp experts concluded several years ago that Chinese authorities had hacked into more than a thousand Hotmail email accounts, targeting international leaders of China’s Tibetan and Uighur minorities in particular – but…