Nancy Weil reports: As his parents and sister silently wept, hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the “unparalleled” theft of millions of credit and debit card numbers from major U.S. retailers.* U.S. District Court Judge Patti…
Category: Business Sector
(follow-up) Auction Slammed Over Data Theft
In preparing this site’s Top 10 biggest breaches list, I had noted that there were conflicting reports about a 2008 breach involving the Korea unit of eBay. The breach was back in the news recently as a court held that Auction was not liable. Now it’s back in the news yet again with reports that…
Dave & Buster’s Settles FTC Charges it Failed to Protect Consumers’ Information
Entertainment operation Dave & Buster’s, Inc. has agreed to settle Federal Trade Commission charges that the company left consumers’ credit and debit card information vulnerable to hackers, resulting in several hundred thousand dollars in fraudulent charges. Dave & Buster’s operates 53 restaurant and entertainment complexes across the country under the names Dave & Buster’s, Dave…
Gonzalez sentenced to 20 years for TJX hack
Albert Gonzalez was sentenced today to 20 years in prison for the TJX hack and breaches involving retailers, a new record in sentencing for hacking.* He faced up to 25 years. He has yet to be sentenced in the Heartland Payment Systems breach, but that sentencing is expected tomorrow, and the sentences are expected to…
(follow-up) Zurich Insurance agrees to improve information security after losing over 46,000 individuals’ personal financial information
The Information Commissioner’s Office (ICO) has found Zurich Insurance plc in breach of the Data Protection Act after it lost an unencrypted back-up tape containing financial personal information belonging to 46,000 policy holders of Zurich Private Client, Zurich Special Risk and Zurich Business Client, which are all part of Zurich Insurance plc. The back-up tape,…
Over 120,000 Sanoma User Credentials Stolen
Antti Vilpponen writes: Not exactly a startup news per se, but a healthy reminder to all those working with user credentials in their online services. One of the largest, if not the largest, online identity thefts has just occured (sic) in Finland. The service to be breached was Älypää, a Sanoma bought gaming site. The…