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Category: Business Sector

No damages? Illinois federal court tosses Computer Fraud and Abuse Act claim alleging hacking of law firm network

Posted on May 15, 2013 by Dissent

Paul Freehling of Seyfarth Shaw LLP writes: An Illinois federal court recently found in the favor of the defendant on a plaintiff’s Computer Fraud and Abuse Act claim because the plaintiff allegedly failed to satisfy the statute’s $5,000 damages threshold. The plaintiff, a computer consulting servicing company which spent time restoring its client’s computer network…

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Bloomberg ‘Leaked Over 10,000 Private Messages’

Posted on May 15, 2013 by Dissent

As if Bloomberg wasn’t getting enough bad press already, they reportedly also had a data breach. Tom Brewster of TechWeekEurope reports: Bloomberg is in hot water over privacy again, after it was claimed the company had left over 10,000 private messages sent by its customers online. The revelations come at a bad time for Bloomberg,…

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Fed, Treasury Looking Into Bloomberg Data Security

Posted on May 13, 2013 by Dissent

William Launder reports: Bloomberg LP’s disclosure that it had restricted newsroom access to certain customer data prompted an inquiry from the Federal Reserve, the Fed said, as well as the Treasury, according to a person familiar with the situation. “We are looking into this situation and have been in touch with Bloomberg to learn more,”…

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Privacy Breach on Bloomberg’s Data Terminals

Posted on May 11, 2013 by Dissent

Amy Chozik and Ben Protess report on what the NYT calls a privacy breach, but is also a security breach, in my opinion: A shudder went through Wall Street on Friday after the revelation that Bloomberg News reporters had extracted subscribers’ private information through the company’s ubiquitous data terminals to break news. The company confirmed…

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Name.com Tells Customers To Change Password Due To Breach

Posted on May 8, 2013 by Dissent

Michael Berkens writes: Name.com sent an email to customers today regarding a potential security breach. The compromised data was said to potentially include usernames, email addresses, encrypted passwords, and encrypted credit card data. The official notice read: Name.com recently discovered a security breach where customer account information including usernames, email addresses, and encrypted passwords and…

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If you don’t know whether data were extracted, why say the risk of harm is low?

Posted on May 8, 2013 by Dissent

A breach notification letter submitted this week to the Vermont Attorney General’s Office by WorldVentures Marketing had me grinding my teeth. According to the notification to consumers, WorldVentures recently became aware of unauthorized access to their servers. The access may have occurred from October 23, 2012 through March 14, 2013.  The server held customers’ credit card numbers…

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