Josh Taylor reports: As eBay hastily informs its customers of its massive privacy breach, the company told the Australian Law Reform Commission that stopping reputation damage was enough of an incentive to protect customer data, and that statutory action against privacy breaches was unnecessary. Read more on ZDNet. By the way, the numbers are all…
Category: Business Sector
Target profit falls 16% as breach takes toll
Associated Press reports: Target cut its annual profit outlook Wednesday and said its first-quarter earnings fell 16 percent as it took another hit from a massive customer data breach and a troubled expansion in Canada. The third-largest U.S. retailer, based in Minneapolis, also issued a second-quarter projection that was below analysts’ expectations. Read more on…
IT pro gets 4 years in prison for sabotaging ex-employer’s system
Chris Kanaracus reports the follow-up to a case noted previously on this blog involving a disgruntled EnerVest employee: A former network engineer for oil and gas company EnerVest has been sentenced to four years in federal prison after pleading guilty in January to sabotaging the company’s systems badly enough to disrupt its business operations for a month….
Maschino, Hudelson & Associates notifies 5,500 after laptop stolen from employee’s car
From their website today: Maschino Hudelson & Associates (MHA or the Firm), an employee benefits broker, announced today that it is notifying approximately 5,500 people that a laptop containing some personal information was stolen from the trunk of one of their employee’s cars on or about April 2, 2014. The Firm immediately notified the police…
PA: Another Paytime client affected by hack notifies employees
Eric Veronikis reports that about 200 employees of Carlisle Borough are being notified of the breach at payroll processor Paytime, Inc.: Carlisle learned this week that its payroll information was compromised as the company it formerly used to process pay slips recently discovered a data breach that put the personal information of its customers’ employees at…
Paytime sends notification letters
The Paytime, Inc. breach, noted previously, has resulted in Paytime notifying the California Attorney General’s Office. Since California only requires notification if over 500 residents are affected, it may indicate that the breach was fairly large. According to their forensic investigation, hackers accessed personal information – including name, address, phone numbers, Social Security number and date…