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Category: Business Sector

Dixons Says Almost 6 Million Cards Targeted in Cyberattack

Posted on June 13, 2018 by Dissent

Eric Pfanner and Sam Chambers report: A cyberattack at Dixons Carphone Plc affected almost 6 million payment cards as hackers sought access to customers’ personal data in another challenge for new Chief Executive Officer Alex Baldock. The retailer, already struggling with a slowing mobile phone market in the U.K. and the rise of Amazon.com Inc.,…

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Yahoo! UK fined £250,000 by ICO after systemic failures put customer data at risk

Posted on June 12, 2018 by Dissent

From the ICO’s office: Yahoo! UK Services Limited has been fined £250,000 by the Information Commissioner’s Office (ICO) following a cyber-attack in November 2014. The incident was publicly disclosed in September 2016, almost two years after it had taken place. Because of when the breach happened, the ICO’s investigation was carried out under the Data…

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Data leak hits Trident Group, cyber crime cell registers FIR

Posted on June 11, 2018 by Dissent

Hindustan Times reports: Crucial data and passwords of Ludhiana-based Trident Group, one of the leading business houses in the region, have allegedly been leaked, prompting the Punjab Police’s cyber crime cell to lodge an FIR [First Information Report] against employees of an information technology (IT) solution firm. In its complaint to the cyber crime cell,…

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French Data Protection Authority Imposes a Record 250,000 € Fine to Optical Center for a Security Breach on its Website

Posted on June 11, 2018 by Dissent

Catherine Muyl and Marion Cavalier of Foley Hoag write: On June 7, 2018, the French Data Protection Authority (the CNIL) published a decision (issued one month earlier) in which it imposed a record 250,000 euros fine on Optical Center (which, although its name does not indicate, is a French company) for having insufficiently secured the…

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Delta sued over 2017 breach not disclosed to them for six months by third-party vendor

Posted on June 11, 2018 by Dissent

Christina Davis reports on a class action suit filed against Delta Airlines where the main complaint appears to be that customers were first notified of the hack until six months after it occurred. […] According to the Delta class action lawsuit, the third party running the online chat room knew of the data breach for…

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Bitcoin tumbles as hackers hit South Korean exchange Coinrail

Posted on June 11, 2018 by Dissent

Cynthia Kim reports: South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset. Read more on Reuters.

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