The Office of Inadequate Security
Melissa Pascualini of JacksonLewis writes: … In a recent settlement agreement with the SEC, a New York-based registered transfer agent, Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, agreed to pay $850K to settle charges that it failed to assure client securities and funds were protected against theft or…
Iain Thomson reports: China-backed spies are said to have tore down their own 260,000-device botnet after the FBI and its international pals went after them. The botnet was controlled by the somewhat misnamed Integrity Technology Group, a Chinese business whose chairman has admitted that for years his company has “collected intelligence and performed reconnaissance for…
NL Times reports: Chinese hackers have hacked into over 2,700 devices in the Netherlands as part of a global hack, the National Cyber Security Center (NCSC) reported after warnings from the American and British authorities. The hackers are allegedly affiliated with the Chinese State and want to use the over 260,000 devices they hacked globally for large-scale cyber attacks….
Liisa M. Thomas, Kathryn Smith of Sheppard, Mullin, Richter & Hampton LLP write: Pennsylvania AG Michelle Henry announced yesterday the launch of an online portal for businesses to report data breaches to the AG’s office. The portal launch comes before Pennsylvania’s new breach amendments take effect on September 26, 2024. One of the amendments will require businesses to report…
Paulina Okunytė reports: After allegedly paying nearly $400,000 for a ransom in May, AT&T is reaching for its wallet again. This time, it’s to settle a cloud breach investigation led by the FCC. In a press release on September 17th, 2024, the Federal Communications Commission (FCC) announced a $13 million settlement with AT&T to resolve…
Alexander Martin reports: People with symptoms of sensitive medical conditions, including cancer and sexually transmitted infections, are among almost a million individuals who had their personal information published online following a ransomware attack that disrupted NHS hospitals in London earlier this year, according to an analysis shared with Recorded Future News. The examination by CaseMatrix, a company…