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Category: Business Sector

You should have told us: Company says email was hacked, sues its insurance broker for not advising it to get computer fraud insurance

Posted on February 16, 2019 by Dissent

Noddy A. Fernandez reports: A gift distribution company is suing a global insurance broker, citing alleged broker malpractice. Hampton-Haddon Marketing Corp. (HHMC) filed a complaint on Jan. 28 in the U.S. District Court for the Eastern District of Pennsylvania against Willis of Tennessee Inc. and Willis Towers Watson PLC, alleging the defendants breached their duty…

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Update: Wendy’s settles financial firms’ lawsuit over data breach for $50 mln

Posted on February 16, 2019 by Dissent

Dena Aubin reports: Restaurant company Wendy’s has agreed to pay $50 million to resolve a 2016 lawsuit by financial institutions nationwide alleging that the company’s negligence allowed hackers to steal credit and debit card information in a 2015 data breach. Disclosed in a filing on Wednesday in Pittsburgh federal court, the settlement will be paid…

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Major Crypto Brokerage Coinmama Reports 450,000 Users Affected by Data Breach

Posted on February 16, 2019 by Dissent

CoinTelegraph reports: Israel-based crypto brokerage Coinmama — which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card — has suffered a major data breach affecting 450,000 of its users. The incident was disclosed in an official company announcement on Feb. 15. The breach is reportedly part of a mammoth, multi-platform hack…

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Ixigo CEO denies breach of user data; says payments information is not stored

Posted on February 16, 2019 by Dissent

Sandeep Soni reports: Two days after 18 million users’ data of online travel and hotel booking company Ixigo was reportedly hacked, its founder and CEO Aloke Bajpai has confirmed to FE Online that the company has not found any evidence so far to confirm the data breach. “We have not found any evidence to confirm…

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Hacker Breaches Dozens of Sites, Puts 127 Million New Records Up for Sale

Posted on February 15, 2019 by Dissent

Swati Khandelwal reports: A hacker who was selling details of nearly 620 million online accounts stolen from 16 popular websites has now put up a second batch of 127 million records originating from 8 other sites for sale on the dark web. Last week, The Hacker News received an email from a Pakistani hacker who…

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Artsy Alerts Users of Data-Security Breach; Report Claims Hacked Information for Sale

Posted on February 14, 2019 by Dissent

Alex Greenberg reports: In an email sent to its users on Wednesday evening, the chief technology officer of Artsy—an online platform that offers views into the art world as well as works for sale for prices between “$100 to over $1,000,000,” as its website states—alerted users to “a data security incident that may have impacted…

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