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Category: Business Sector

FTC Requires Zoom to Enhance its Security Practices as Part of Settlement

Posted on November 9, 2020 by Dissent

Let’s start with the FTC’s press release in Zoom Video Communications, Inc., In the Matter of Matter Number: 192 3167 The Federal Trade Commission today announced a settlement with Zoom Video Communications, Inc. that will require the company to implement a robust information security program to settle allegations that the video conferencing provider engaged in a series…

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Alibaba-Backed Bigbasket Suffers Major Data Loss in Cyberattack

Posted on November 9, 2020 by Dissent

Saritha Rai has more on the BigBasket breach reported this past week: Cyberattackers have stolen the personal details of million users of top Indian internet grocer Bigbasket, the latest e-commerce data breach to emerge as home-bound consumers flock online. Bigbasket co-founder and chief executive officer Hari Menon confirmed the attack, which was first reported by…

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Luxottica has a lot more explaining to do

Posted on November 8, 2020 by Dissent

Update:  My source was correct. On November 12, HHS added Luxottica’s report to their public breach tool.  Luxottica reported, as a business associate, that 829,454 patients were impacted by the August breach. In September, we learned that the eyewear giant Luxottica had suffered a massive ransomware attack that resulted in its suspending operations in both…

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Hackers Asked Gaming Giant CAPCOM to Pay an $11 Million in Bitcoin Ransom

Posted on November 8, 2020 by Dissent

Ali Raza reports: Ransomware hackers reportedly breached the servers of gaming giant CAPCOM. The hackers have come out to request 11 million in Bitcoin from the Resident Evil creator or risk losing their data to the public. The ransomware attack affected access to certain systems such as file and email servers, as it encrypted 1TB…

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UK: ‘Thousands’ of people could have had personal details in cyber attack on Sandicliffe car dealership

Posted on November 7, 2020 by Dissent

For what… about 14 years now… I have pointed out how many non-medical entities hold sensitive medical information on consumers that may get caught up in breaches.  Today’s example is out of the U.K., where Phoebe Ram reports: The bank account details and medical histories of ‘possibly thousands’ of people were stolen during a cyber…

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Israeli companies targeted with new Pay2Key ransomware

Posted on November 6, 2020 by Dissent

Catalin Cimpanu reports: Several companies and large corporations from Israel have been breached and had their systems encrypted using a new strain of ransomware named Pay2Key, in what appears to be a targeted attack against Israeli networks. The first attacks were seen in late October but have now grown in numbers while also remaining contained…

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