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Category: Business Sector

​Equifax has spent $242.7 million on its data breach so far

Posted on April 26, 2018 by Dissent

Larry Dignan reports: Equifax’s first quarter earnings report highlighted expenses due to its September 2017 data breach and how the spending is shifting more toward IT and security. In its first quarter earnings report, Equifax outlined that it spent $45.7 million for the three months ended March 31 on IT and data security. The company…

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Google accounts get new verification feature to prevent phishing attacks

Posted on April 26, 2018 by Dissent

Chris Smith reports: In an update on its G Suite blog, Google announced the other day a new security feature for Google account holders who also happen to rely on Chrome for their web browsing activities. Google wants to improve the security of your Google account by verifying that you’re indeed looking to sign into…

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TIMCO Aviation Services Settles Class Action Lawsuit by Employees Over 2016 W-2 Breach

Posted on April 26, 2018 by Dissent

OK, here’s a W-2 phishing attack from 2016 that I never covered on this site but has apparently resulted in a class action lawsuit settlement. Christina Davis reports: TIMCO Aviation Services has agreed to pay more than $300,000 to settle a class action lawsuit alleging the company violated Class Members’ privacy rights by compromising tax data…

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NZ: Vector shuts down app after privacy breach

Posted on April 26, 2018 by Dissent

RNZ reports: The Vector power company has shut down its outage app after thousands of customers unwittingly had their data shared. The information has been available due to a vulnerability on its outage app. The app is used so customers can report and be informed about power outages. Vector chief digital officer Nikhil Ravishankar said…

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Hackers built a ‘master key’ for millions of hotel rooms

Posted on April 25, 2018 by Dissent

Zack Whittaker reports: Security researchers have built a master key that exploits a design flaw in a popular and widely used hotel electronic lock system, allowing unfettered access to every room in the building. The electronic lock system, known as Vision by VingCard and built by Swedish lock manufacturer Assa Abloy, is used in more…

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Access Group notifies borrowers of data security incident

Posted on April 25, 2018 by Dissent

It’s not just edtech vendors students need to watch out for when it comes to privacy and data security.  Vendors that help process student loans may also put you at risk, as this notification from AccessLex Institute  (dba Access Group) reminds us.  The nonprofit organization, which provides financial education resources and services, writes: Dear [Name]:…

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