Catalin Cimpanu reports: The US Securities and Exchange Commission has fined three brokerage firms on Monday for neglecting to secure employee accounts, incidents that led to the exposure of their customers’ data. Cetera Advisor Networks LLC, Cetera Investment Services LLC, Cetera Financial Specialists LLC, Cetera Advisors LLC, and Cetera Investment Advisers LLC (collectively, the Cetera entities); Cambridge…
Category: Hack
Ruling Breaks New Ground For CGL Policy Data Breach Coverage Hackings
Peter Selvin of Ervin Cohen & Jessup writes: A recent case from the 5th U.S. Circuit Court of Appeals breaks new ground on the question of whether a commercial general liability policy provides coverage for damages arising from a data breach caused by a third-party hacker. Landry’s Incorporated v. Insurance Company of the State of Pennsylvania, 4…
Beaumont Health notifies patients of Accellion breach
Friday, August 27, 2021 On February 5, 2021, Goodwin Procter LLP (“Goodwin”) notified Beaumont Health (“Beaumont”) of a security incident at Accellion, a third-party vendor whose File Transfer software was used by Goodwin for large file transfers on behalf of clients, including Beaumont. Goodwin received some personal and protected health information from Beaumont in connection…
Hackers Steal Data from Neuchâtel Cantonal Bank
FInews reports: There was a cyber attack on the Neuchâtel Cantonal Bank (BCN) at the beginning of August, spokeswoman Marie-Laure Chapatte, told the «AWP» news agency (in German), resulting in the potential theft of around 1,500 email addresses. Neither the banking infrastructure – such as the online banking platform – nor other sensitive systems were affected by the…
Cream Finance loses $25 million in another security breach
Ibiam Wayas reports: For the second time in six months, popular decentralized lending protocol Cream Finance has suffered another attack due to a “reentrancy bug,” according to blockchain security and data analytics company, PeckShield. The protocol’s development team confirmed the incident on Twitter, noting that AMP tokens and Ether (ETH) were lost. Read more on Cryptopolitan.
Quebec could make changes to vaccination passport after flaws in system exposed
CBC News reports: When Louis heard the province’s digital transformation minister say on Tuesday that quick response (QR) codes “cannot be falsified, modified or copied,” he took it as a challenge. “There’s always a flaw,” he said. “It’s just a matter of being patient enough to find it.” […] within six hours, Louis said he…