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Category: Business Sector

Federal Court Dismisses Colonial Pipeline Cybersecurity Litigation

Posted on July 13, 2022 by Dissent

Kristin L. Bryan of Squire Patton Boggs writes: Recently a federal court dismissed cybersecurity litigation brought in the wake of the May 2021 Colonial Pipeline Ransomware attack.  Ramon Dickerson et al. v. Colonial Pipeline Co. et al., No. 1:21-CV-02098 (N.D. Ga. Jun. 17, 2022).  Based on the attenuated theories of liability Plaintiffs sought to advance in this…

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Russian Ministry for Digital Development proposes turnover fines for data breaches

Posted on July 13, 2022 by Dissent

RAPSI News reports: The Ministry for Digital Development, Communications and Mass Media of the Russian Federation is preparing a bill on turnover-based fines for the personal data breach. This additional responsibility is to put business up to invest in the development of the information safety infrastructure and the personal data protection, a statement released on…

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Razer sues IT firm Capgemini for over US$7m, wants full compensation for data leak

Posted on July 13, 2022 by Dissent

Clement Ooi reports: The civil suit between local gaming products company Razer and IT solutions provider Capgemini began in Singapore’s High Court today (Jul 13) Last year, Razer discovered a cybersecurity breach that revealed that the personal information of about 100,000 Razer customers could have been exposed. While no sensitive data such as credit card…

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Honda Admits Hackers Could Unlock Car Doors, Start Engines

Posted on July 13, 2022 by Dissent

Ionut Arghire reports: Honda has confirmed that researchers were indeed able to hack the remote keyless entry system of certain Honda vehicles to unlock the doors and start the engine. Over the weekend, security researchers Kevin2600 and Wesley Li from Star-V Lab published information on a security bug they identified in the rolling codes mechanism…

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Robinhood settles data breach class action for $20M

Posted on July 13, 2022 by Dissent

Lauren Silva  and Abraham Jewett report a settlement in Robinhood class-action litigation. Robinhood agreed to pay as much as $20 million to resolve claims the stock trading platform failed to prevent a 2020 data breach. The settlement will provide thousands of hacked Robinhood customers with both compensation and two years of credit monitoring and identity…

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Experian, You Have Some Explaining to Do

Posted on July 11, 2022 by Dissent

Brian Krebs writes: Twice in the past month KrebsOnSecurity has heard from readers who’ve had their accounts at big-three credit bureau Experian hacked and updated with a new email address that wasn’t theirs. In both cases the readers used password managers to select strong, unique passwords for their Experian accounts. Research suggests identity thieves were able to…

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