Andrew Smith, Director, FTC Bureau of Consumer Protection, writes: As a business person, you know about phishing, of course. At first glance, the email looks like it comes from a recognized company, complete with a familiar logo, slogan, and URL. But it’s really from a cyber crook trying to con consumers out of account numbers,…
Category: Commentaries and Analyses
Stolen Credit Card Data from City Parking Systems Sold on the Dark Web
Bruno reports: The hackers of the city parking fine system in Saint John, Canada have been selling sensitive data on the dark web for over a year. The security breach in the system was not spotted for 15 months after the initial attack, which ultimately allowed the hackers to gain personal information and credit card…
Insurance Data Security Model Law Picks Up Steam
Andreas Kaltsounis and Shea M. Leitch of BakerHostetler write: Three states recently enacted variations of the National Association of Insurance Commissioner’s (NAIC) Insurance Data Security Model Law (MDL-668), based on the landmark cybersecurity requirements issued by the New York Department of Financial Services (NYDFS) in March 2017. The NYDFS requirements apply to certain banking, insurance…
Danish Data Authority registers 2,780 privacy breach cases in last 7 months of 2018
Some Danish breach statistics, as seen at Telecompaper: The Danish Data Authority said 2,780 incidents of privacy breaches were reported to it from 25 May, when reporting such breaches became mandatory, and the end of 2018. It said approximately two thirds of these cases concerned information sent to the wrong recipient. Four out of five…
Report: Over 59,000 GDPR data breach notifications, but only 91 fines
Lucian Constantin reports: Since the European Union’s General Data Protection Regulation (GDPR) came into effect in May last year, EU organizations have reported almost 60,000 data breaches, but so far fewer than 100 fines have been issued by regulators. According to a new report by multinational law firm DLA Piper, the European Commission’s official statistics…
Possibility of data breach with mySalam health insurance scheme, Perkasa claims
Ida Nadirah Ibrahim reports: The government-run health insurance scheme for the bottom 40 per cent of workers raises the concern of data breach by Singaporean insurance company Great Eastern Takaful Berhad, Perkasa claimed today. Its information chief Nasrul Ali Hasan Abdul Latif said this is because the Finance Ministry has allowed Great Eastern Takaful to…