It has not happened often, but now another court has held that a breached entity cannot protect an investigation into a breach by declaring it legally privileged. Naomi Neilson reports: The Australian Federal Court has ruled that Optus will not be able to keep a report it commissioned from professional services firm Deloitte regarding its…
Category: Business Sector
Sg: Software firm fined $74k for data breach caused by weak password; half a million users affected
Ang Qing reports from Singapore: A company running online language lessons for children around the world used a password based on its website name, LingoAce, making it vulnerable to the data breach that resulted. More than half a million users were affected. Among personal data compromised were the cellphone numbers, bank account numbers, signatures and…
Spyware found on US hotel check-in computers
Zack Whittaker reports: A consumer-grade spyware app has been found running on the check-in systems of at least three Wyndham hotels across the United States, TechCrunch has learned. The app, called pcTattletale, stealthily and continually captured screenshots of the hotel booking systems, which contained guest details and customer information. Thanks to a security flaw in…
UK NCSC and Insurance Associations Publish Guidance on the Approach to Ransom Payments
Financial and insurance organizations have been under increasing attack by Scattered Spider. Now there is more guidance for entities. Hunton Andrews Kurth notes: On May 14, 2024, the UK National Cyber Security Centre (“NCSC”) and three major UK insurance associations (Association of British Insurers (“ABI”), British Insurance Brokers’ Association (“BIBA”) and International Underwriting Association (“IUA”)),…
Microsoft to start enforcing Azure multi-factor authentication in July
Sergiu Gatlan reports: Starting in July, Microsoft will begin gradually enforcing multi-factor authentication (MFA) for all users signing into Azure to administer resources. After first completing the rollout for the Azure portal, the MFA enforcement will see a similar rollout for CLI, PowerShell, and Terraform. Redmond says customers will also receive additional information via email…
SEC amends Reg S-P to require data breach notification within 30 days
Aaron Nicodemus reports: The Securities and Exchange Commission (SEC) will require broker-dealers and registered investment advisers to adopt written policies and procedures for handling data breaches of customer data and notify affected customers within 30 days. On Thursday, the SEC approved amendments to Regulation S-P, known as the safeguards rule. The rule requires covered entities to…