Mathew J. Schwartz reports: LulzSec Hacker “Topiary” famously tweeted: “You cannot arrest an idea.” Perhaps not, but in the case of Topiary, revealed to be Jake Davis, now 20, you can be sentenced to 24 months in a “young offenders institute” for two counts of conspiracy to impair the operation of a computer, to be followed…
Category: Business Sector
TerraCom notifies 150,000 Lifeline applicants after breach
Here’s a breach I didn’t see in the media but first learned of from the Wisconsin Office of Privacy Protection. According to that office, on April 26, 2013, TerraCom, a wireless learned of a security breach involving unauthorized access to personal data and downloaded files related to over 150,000 individuals. The data was stored on…
No damages? Illinois federal court tosses Computer Fraud and Abuse Act claim alleging hacking of law firm network
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…
Bloomberg ‘Leaked Over 10,000 Private Messages’
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,…
Fed, Treasury Looking Into Bloomberg Data Security
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,”…
Privacy Breach on Bloomberg’s Data Terminals
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…