Margot Patrick reports: Equifax’s (EFX) U.K. arm was fined around $13.6 million Friday for failing to protect the data of millions of British customers in a 2017 hack of the credit-reporting company. The British arm outsourced customer-data processing to the U.S., and then failed to manage or monitor data security, the Financial Conduct Authority said. Read…
Category: Business Sector
Steam upgrades security after games hijacked to spread malware
Imogen Donovan reports: Valve has been in contact with several game developers who were hit by hackers who used a vulnerability to hide malware in their games on Steam. The hackers’ intention was to play the malware off as an update to the installed game on players’ PCs, then infecting them when the “new build” was downloaded. Read…
Clorox Expects Double-Digit Sales Drop Following Cyberattack
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…
Data breach at MGM Resorts expected to cost casino giant $100 million
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…
Sony confirms MOVEit data breach impacted thousands in the U.S.
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…
Norfolk Southern System Outage Not the Result of Cyberattack According to Rail Company
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,…