Alexander Boyd , Colin H. Black of Polsinelli PC write: Beginning on May 13, 2024, nonbanking “financial institutions” must notify the Federal Trade Commission (“FTC”) within 30 days of discovering a data breach involving the nonpublic personal information of at least 500 consumers. These covered organizations can include a wide variety of companies that engage…
Category: Of Note
Zero-day, supply-chain attacks drove data breach high for 2023
CSO reports: Zero-day exploits, supply chain attacks fuel 72% increase over previous record for incidents of compromise. Another increase is expected for 2024. A new record for data breaches reported to the Identity Theft Resource Center (ITRC) was set in 2023, spurred by zero-day and supply chain attacks, according to the organization’s annual data breach report released Thursday. The report…
University of Twente Maps Decision-Making Process for Ransomware Victims
The UT investigated the decision-making process of victims who had to pay ransoms during ransomware attacks. UT researcher Tom Meurs and his colleagues analyzed 481 ransomware attacks, data from the Dutch police and a Dutch incident response party. Organizations with recoverable backups in particular were often better able to avoid paying ransoms. Data exfiltration led…
CISA pushes federal agencies to patch Citrix RCE within a week
Sergiu Gatlan reports: Today, CISA ordered U.S. federal agencies to secure their systems against three recently patched Citrix NetScaler and Google Chrome zero-days actively exploited in attacks, pushing for a Citrix RCE bug to be patched within a week. The cybersecurity agency added the flaws to its Known Exploited Vulnerabilities Catalog today, saying that such vulnerabilities are “frequent attack…
As hacks worsen, SEC turns up the heat on CISOs
Zack Whittaker reports: Over the past year we’ve seen Uber’s former chief security officer convicted in federal court for mishandling a data breach, a federal regulator charge SolarWinds’ security chief with allegedly misleading investors prior to its own cyberattack and new regulations that compel companies to publicly reveal materially impactful data breaches within four business days. It might seem like it’s never…
Fred Hutch failed to reveal threats of potential swatting attacks until this site revealed the threat. Should they have disclosed it themselves?
On December 28, DataBreaches published snippets from a chat with a threat actor (TA) who claimed to have involvement with both the Fred Hutch cyberattack and the Integris cyberattack. In the course of that exchange, the TA surprised DataBreaches by claiming that they had threatened Fred Hutch with swatting patients. From DataBreaches’ previous reporting: “So…