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Category: Business Sector

Clorox Expects Double-Digit Sales Drop Following Cyberattack

Posted on October 7, 2023 by Dissent

Michael Novinson reports: Household cleaning product giant Clorox said Wednesday that an August cyberattack had taken a big swipe out of the bleach maker’s sales and profits in the quarter that ended Sept. 30. The Oakland, California-based manufacturer maker expects organic sales to drop between 21% and 26% due to widespread disruption, order processing delays…

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Data breach at MGM Resorts expected to cost casino giant $100 million

Posted on October 7, 2023 by Dissent

Wyatte Grantham-Philips reports: The data breach last month that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million, the Las Vegas-based company said. The incident, which was detected on Sept. 10, led to MGM shutting down some casino and hotel computer systems at properties across the U.S. in efforts…

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Sony confirms MOVEit data breach impacted thousands in the U.S.

Posted on October 4, 2023 by Dissent

Bill Toulas reports: Sony Interactive Entertainment (Sony) has notified current and former employees and their family members about a cybersecurity breach that exposed personal information. The company sent the data breach notification to about 6,800 individuals, confirming that the intrusion occurred after an unauthorized party exploited a zero-day vulnerability in the MOVEit Transfer platform. Read more…

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Norfolk Southern System Outage Not the Result of Cyberattack According to Rail Company

Posted on October 1, 2023 by Dissent

SSN reports: A technology outage that impacted rail operations for the Norfolk Southern Corporation late Friday evening on September 29, have been ruled not a cyber-attack following an update from the company on Saturday. That Friday evening, Norfolk Southern’s data center experienced an outage that impacted rail operations that included their dispatching system, train movements,…

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Consumers’ Data Breach Suit Against T-Mobile Sent to Arbitrator

Posted on October 1, 2023 by Dissent

Christopher Brown reports: Two customers’ allegations that T-Mobile failed to protect their personal information in a data breach and exposed information allowing their Coinbase cryptocurrency account to be hacked will be heard by an arbitrator. The arbitration agreement between T-Mobile and plaintiffs Jorge and Marcos Rodriguez clearly delegated threshold questions of arbitrability to the arbitrator,…

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More than 3.8 billion records exposed in DarkBeam data leak

Posted on September 29, 2023 by Dissent

Olivia Powell reports: More than 3.8 billion records have been exposed after digital protection firm DarkBeam left an interface containing the exposed records unprotected. The leak was discovered on September 18 by CEO of cyber security news site SecurityDiscovery, Bob Diachenko, who alerted DarkBeam to the leak. The digital protection firm immediately addressed the vulnerability…

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