Brendan Sasso reports: Target could face federal charges for failing to protect its customers’ data from hackers. The retailer has been in contact with the Federal Trade Commission, Molly Snyder, a Target spokeswoman, told National Journal. It’s unclear whether the FTC has issued any subpoenas or other formal demands for information. The FTC declined to comment…
Category: Business Sector
Breaking up is hard to do, Tuesday edition
Arcadia Home Care & Staffing (Arcadia Health Services, Inc.) is notifying employees that their personnel information, including Social Security numbers and bank account information, is in the hands of a former affiliate who has started a new company that competes with theirs. According to the letter sent to employees, Charles E. Symes, II had previously obtained…
Sites selling stolen credit card numbers hacked
Paul Ziobro reports: Not even hackers are immune to hacking. Websites that were used to sell credit card data stolen in the massive holiday data breach at Target Corp. were themselves shut down by unknown culprits Monday. “Hi subhumans and miscreants, your fraud site is gone now. Go away,” reads the first line of a message posted on rescator.so and rescator.cm,…
LifeLock under investigation by the FTC
Well, LifeLock said they come under investigation by the FTC, and it seems they are. SeekingAlpha points us to LifeLock’s most recent 8-K, which says, in part: On March 13, 2014, LifeLock received, as expected, a request from the FTC for documents and information related to LifeLock’s compliance with the FTC Stipulated Final Judgment and…
KR: KT sued over data leaking
Kim Jung-Yoon reports: The Citizens’ Coalition for Economic Justice (CCEJ) is filing a public interest lawsuit against the nation’s No. 2 mobile carrier, KT, over leaked personal information. It is claiming damages of 1 million won ($933) per customer. The CCEJ held a press conference in front of KT headquarters in Gwanghwamun, central Seoul, yesterday…
N.Y. Court: Zurich Not Obligated to Defend Sony Units in Data Breach Litigation
Young Ha reports: A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in litigation stemming from the April 2011 hacking of Sony Corp.’s PlayStation online services. Ruling on the…