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Category: Business Sector

Bloomberg to tighten internal controls following client data breach

Posted on August 23, 2013 by Dissent

Matthew Finnegan reports: An external review of Bloomberg’s data policies and procedures has recommended stronger measures be put in place in order to ensure journalists are unable to view client information through its financial data terminals. Two separate reports were released by Bloomberg on Wednesday detailing investigations into corporate practices at the firms, following claims…

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League of Legends is hacked, with crucial user info accessed

Posted on August 21, 2013 by Dissent

Dara Kerr reports that the League of Legends server has been hacked: Riot Games, which developed League of Legends, announced Tuesday that some usernames, e-mail addresses, salted password hashes, first and last names, and even some salted credit card numbers have been accessed. The salted data is somewhat protected, but if users have easily guessable…

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Alabama Tax Return Preparers and 19 Foreign Nationals Charged with Conspiring to Defraud the United States, Identity Theft and Money Laundering

Posted on August 21, 2013 by Dissent

The Justice Department announced that a 14-count superseding indictment was unsealed yesterday, charging JB Tax Professional Services Inc., Jacqueline J. Arias and Jose Bayron Estrada, of Spruce Pine, Ala., along with 19 foreign nationals, many of whom resided in the New Orleans area, with conspiracy to defraud the United States and conspiracy to commit mail…

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AU: AAMI customers use privacy breach to their advantage

Posted on August 20, 2013 by Dissent

Lucy Battersby reports that an email gaffe by auto insurer Australian Associated Motor Insurers (AAMI) has enabled disgruntled consumers to find each other to band together: The blind carbon copy (BCC) button on emails exists for a very good reason. Unfortunately one of AAMI’s managers failed to use it the day she sent a message…

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Outbrain takes recommendation widget service offline after breach compromises Washington Post, others

Posted on August 17, 2013 by Dissent

Outbrain disabled its content recommendation service after a security breach compromised the websites of several prominent clients. The Syrian Electronic Army (SEA) has taken credit for the attack, which is believed to have affected the Washington Post, Time, CNN, and the New York Times. Read more on TheNextWeb.

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Liberty Mutual Insurance tells Schnuck Markets its insurance policy doesn’t cover data breach lawsuits and costs

Posted on August 16, 2013 by Dissent

If their insurer gets their way, the beleaguered Schnuck Markets will find itself without help from its insurance carrier in paying litigation costs and other data breach-related costs. Liberty Mutual Insurance Company has informed Schnuck Markets that it is not responsible to cover costs of the eight lawsuits that were filed in the wake of…

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