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Category: Commentaries and Analyses

NYDFS Penalizes Mortgage Company For Not Disclosing 2019 Breach

Posted on March 7, 2021 by Dissent

Kim Phan of Ballard Spahr writes: On March 3rd, the New York Department of Financial Services (“NYDFS”) announced a settlement with Residential Mortgage Services, Inc. (“RMS”) to resolve allegations that RMS violated the NYDFS Cybersecurity Regulation relating to a 2019 cyber breach. In July 2020, NYDFS conducted an examination of RMS as a licensed mortgage…

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AU: LandMark White data breach trial to put firm under spotlight

Posted on March 7, 2021 by Dissent

Michael Bleby reports the latest developments in the wake of a  breach involving Landmark White (now known as Acumentis): ASX-listed valuer LandMark White’s cyber security standards will come under the spotlight this week, as the trial kicks off of an IT contractor accused of stealing customer data from the firm and putting it on the…

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At Least 30,000 U.S. Organizations Newly Hacked Via Holes in Microsoft’s Email Software

Posted on March 6, 2021 by Dissent

Brian Krebs reports: At least 30,000 organizations across the United States — including a significant number of small businesses, towns, cities and local governments — have over the past few days been hacked by an unusually aggressive Chinese cyber espionage unit that’s focused on stealing email from victim organizations, multiple sources tell KrebsOnSecurity. The espionage…

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Idaho man charged with hacking into the computers of the City of Newnan and metro-Atlanta medical clinics

Posted on March 5, 2021 by Dissent

It appears that law enforcement has caught up with “Lifelock.” DataBreaches.net had reported exclusively on “Lifelock” back in April of 2018, and then again in June and July of 2018. At the time, I pointed out some of the striking similarities between “Lifelock” and “thedarkoverlord” (or the one I refer to as the first spokesperson…

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Friendly fire: Four well-known cybercriminal forums dealing with breaches

Posted on March 4, 2021 by Dissent

I’ve posted links to some other reports on this topic earlier today, but just came across Intel 471’s post. Sometimes, even criminals are on the bad end of a breach. Since the beginning of the year, Intel 471 has observed four well-known cybercriminal forums dealing with a breach, including two since the beginning of March….

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Court Upholds Insurers’ Denial of $6M Crime Claim for Phishing Loss

Posted on March 4, 2021 by Dissent

Andrew G. Simpson reports: Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its possession but were instead being held by a payment processing firm at the time of a phishing scheme. National Union Fire Insurance Co. (a unit of American…

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