EPIC.org is joining those who believe that victims of the PayTime data breach should not have had their lawsuit dismissed for lack of standing. EPIC has filed an amicus urging a federal appeals court to overturn a decision that limits the ability of data breach victims to sue. The plaintiffs sued a payroll company after their Social Security Numbers and…
Category: Business Sector
My realtor’s email was hacked and I’m out $2M: exec’s suit
This is like the third case I can recall like this. Julia Marsh reports: A former Lehman Brothers executive unwittingly wired a $2 million deposit for a $20 million Manhattan apartment to cyber criminals — and now he’s blaming his real estate attorney and her vulnerable AOL email address for the breach. Robert Millard, who…
Yahoo’s FX broker YJFX updates on data breach incident
Maria Nikolova reports a follow-up to a previously reported incident involving YJFX: The analysis has shown that 185,626 pieces of information were taken out. 128,220 pieces of information were in a status in which public browsing was possible, but were not accessed. 56,665 pieces of information were accessed through search engine crawlers. 741 pieces of…
The Individual Who Hacked Hacking Team Explains How
We live in confusing times when those whom society brands as “criminals” are more ethical than their victims. Lorenzo Franceschi-Bicchierai writes: Back in July of last year, the controversial government spying and hacking tool seller Hacking Team was hacked itself by an outside attacker. The breach made headlines worldwide, but no one knew much about the perpetrator or…
US jury fines Tata Consultancy Services $940m for healthcare software ‘theft’
Speaking of a contractor’s employees exceeding authorized access, Chidanand Rajghatta reports that a Wisconsin federal jury slapped a $940-million penalty, including $700 million in punitive damages, on Tata Consultancy Services (TCS) for allegedly stealing healthcare software from an American company, Epic Systems. Epic Systems, a US-based electronics medical records vendor, had accused TCS of stealing documents and…
Hack of ShapeShift Bitcoin Trader Was Inside Job, Says CEO
Catalin Cimpanu reports: Last week we reported on a data breach that forced Bitcoin trader ShapeShift to temporarily shut down operations. In an update provided on Reddit, ShapeShift CEO, Erik Voorhees, says the attacker had help from a company employee. “Since the investigation into the ShapeShift hack last week started, we had suspicion that someone previously on…