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Category: Business Sector

UK: Bupa Insurance Services fined £175,000 for systemic data protection failures

Posted on September 28, 2018 by Dissent

From the U.K. Information Commissioner’s Office: Bupa Insurance Services Limited (Bupa) has been fined £175,000 by the Information Commissioner’s Office (ICO) for failing to have effective security measures in place to protect customers’ personal information. Between 6 January and 11 March 2017, a Bupa employee was able to extract the personal information of 547,000 Bupa…

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Law firm falls for computer support scam, client data stolen

Posted on September 28, 2018 by Dissent

What Happened? On August 27, 2018, personal information of 73 residents of Washington was acquired by unauthorized persons from computer systems maintained by attorney Matt Rovner in Seattle, Washington. The information was acquired when administrative access to the systems was provided to persons fraudulently pretending to be a computer support services firm. What Information Was…

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Facebook Hacked, 50 Million Users Affected

Posted on September 28, 2018 by Dissent

Lorenzo Franceschi-Bicchierai and Jason Koebler report: Facebook disclosed that hackers stole data from 50 million people on Friday. In a blog post, Facebook’s vice president of product management Guy Rosen said that the company’s engineering team “discovered a security issue affecting almost 50 million accounts.” “It’s clear that attackers exploited a vulnerability in Facebook’s code…

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Japan Gov’t Outraged by $60m Crypto Hack of Zaif, Regrets Lack of Suspension

Posted on September 27, 2018 by Dissent

CCN reports: Earlier this month, major Japanese crypto exchange Zaif was hacked, losing $60 million worth of crypto in user funds. The Financial Services Agency (FSA), the main financial watchdog of Japan, has stated that it regrets allowing Zaif to continue its operation after the exchange was given two warnings to drastically improve its system….

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Teen Apple Hacker Avoids Jail in Australia After Serious Attacks

Posted on September 27, 2018 by Dissent

David Stringer reports: An Australian teenager who hacked Apple Inc. systems over several months and downloaded sensitive data avoided a jail term Thursday, as a court heard he was fascinated by the tech giant and found accessing its networks addictive. The now adult defendant, who was 16 at the time the hacking began, accessed Apple’s…

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Voya pays $1 million to settle SEC charges over 2016 cybersecurity breach

Posted on September 26, 2018 by Dissent

Ryan W. Neal reports: Voya Financial Advisors will pay $1 million to settle Securities and Exchange Commission charges regarding a data security breach that compromised the personal information of thousands of customers. An SEC order says that over a period of six days in April 2016, criminals impersonating independent advisers called the firm’s support line…

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