Bethany Rupert of King & Spaulding provides additional coverage of an appellate ruling I had previously noted on this site: On May 20, 2016, the U.S. Court of Appeals for the Eighth Circuit affirmed breach-of-contract claims brought by Minnesota-based State Bank of Bellingham (“Bellingham Bank”) against BancInsure Inc. (“BancInsure”), an insurance company that refused to provide…
Category: Commentaries and Analyses
Major insurer does not have to cover restaurant chain’s data breach
Lyle Adriano reports that some of P.F. Chang’s breach-related costs are not covered by its insurance: A federal court ruled that Chubb Ltd. does not have to reimburse P.F. Chang’s for costs the restaurant chain charged by its credit card processor under its cyber policy. […] The Federal Court ultimately concluded that on several counts…
The huge Dropbox password leak that wasn’t
Graham Cluley reports: …as Brian Krebs reports, recent claims from identity theft protection firms that Dropbox has suffered a massive password breach appear to be erroneous. Troy Hunt – who knows a thing or two about verifying and responsibly disclosing data breaches – also chimed in, decrying that some had jumped to the conclusion that a serious…
Fed records show dozens of cybersecurity breaches
Jason Lange and Dustin Volz reports: The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as “espionage,” according to Fed records. The central bank’s staff suspected hackers or spies in many of the incidents, the records show. The Fed’s computer systems play a critical role…
Extortion E-mail Schemes Tied to Recent High-Profile Data Breaches
A public service announcement from the FBI (Alert Number I-060116-PSA): The Internet Crime Complaint Center (IC3) continues to receive reports from individuals who have received extortion attempts via e-mail related to recent high-profile data thefts. The recipients are told that personal information, such as their name, phone number, address, credit card information, and other personal details,…
FBI raid on dental IT technician is already chilling disclosures
Over on the Daily Dot this morning, I have a follow-up to my earlier report on an FBI raid on Justin Shafer. There was a lot of anger towards the FBI and Patterson Dental in response to the raid, and I pulled together some of my favorite comments or responses from around the Internet. But more importantly,…