Elena Kvochko and Rajiv Pant review the impact of some of the major breaches, noting what we’ve all noted – that breaches generally don’t have a huge economic impact on stock prices. Here’s a snippet from their article: This mismatch between the stock price and the medium and long-term impact on companies’ profitability should be…
Category: Business Sector
More details on the French Lick Resort payment card breach
In January, French Lick Resort in Indiana disclosed a malware-related breach affecting payment card data. On January 31, attorneys for Blue Sky Casino, LLC, the parent company, formally notified the Maryland Attorney General’s of the incident. The notification provides additional details on the incident, including the fact that the firm sent out 87,975 notification letters…
Zappos data breach settlement falls apart over attorneys’ fees
Back in January 2012, Zappos, which is owned by Amazon, disclosed that it had been hacked and that they were notifying more than 24 million customers. Less than one week later, the first lawsuit had been filed. Shortly thereafter, state attorneys general opened their own investigation into the breach. In January 2015, Zappos settled with the…
FL: Hundreds of files with personal information left in Lee County dumpster
Adam Wright reports that more than a dozen boxes of files containing Social Security numbers, driver’s license numbers, and credit card information were found in a dumpster behind a warehouse in Lee County. Schaefer says the files in the boxes belong to the company Coral Palm Auto Sales in Fort Myers. The business in question…
5 Biggest Hosting Companies hacked by Syrian Electronic Army
Swati Khandelwal reports: Once again, Syrian Electronic Army (SEA) has gain media attention by compromising a number of popular web hosting brands of one of the leading web-hosting companies Endurance International Group INC that manages over 60 different hosting brands. SEA, a pro-hacker group supposed to be aligned with Syrian President Bashar al-Assad, is famous for hacking…
Let’s send an unencrypted thumb drive via mail. What can possibly go wrong, right?
No, Human Resource Advantage. You do not get to put an unencrypted thumb drive with employee records in the regular mail to TrustHCS and then claim you take the security of personal information in your control “very seriously.” From your own investigation, that drive contained names, Social Security numbers, dates of birth, bank account information, postal…