Yonhap News reports that penalties imposed by financial regulators following data leaks may really hurt card issuers’ bottom lines this year: The three credit card firms hit by recent massive data leaks may lose some 100 billion won (US$93.6 million) in revenues due to a three-month business suspension ordered by the country’s financial regulator, data…
Category: Of Note
MCCCD IT Employees: ‘District knew about security concerns’
Within hours of DataBreaches.net reporting litigation against Maricopa County Community College District (MCCCD) and statements by employees claiming that MCCCD is attempting to cover up its lax security by blaming employees, two (other) employees have started publicly revealing more details. Greg Argos of CBS5 (KPHO) reports that the two have come forward with documents to support their…
Arizona law firm files notice of claim over Maricopa County Community College District breach; class-action lawsuit to follow?
I’m somewhat surprised this took so long. Back in October, I blogged about a breach involving the Maricopa County Community College District (MCCCD) in Arizona. The breach involved sensitive information such as names, birth dates, Social Security numbers and bank account information of 2.49 million students, former students, vendors and employees. Judging by the almost 100 comments in…
C’mon, FTC, when will you do something? (update 2)
It has now been about two years since I filed a complaint with the FTC to alert them to all the data security breaches involving Experian’s credit report database. And while I continue to wait to see the FTC take action against Experian over their numerous breaches involving misuse of clients’ login credentials, Experian…
AU: Asylum seekers’ identities revealed in Immigration Department data lapse
Oliver Laughland, Paul Farrell and Asher Wolf report: The personal details of a third of all asylum seekers held in Australia – almost 10,000 adults and children – have been inadvertently released by the Department of Immigration and Border Protection in one of the most serious privacy breaches in Australia’s history. A vast database containing…
2013 Exposed Records Sets the Stage for Massive Identity Theft
From Risk Based Security: We are pleased to release our Data Breach Quick view report that shows 2013 broke the previous all-time record for the number of exposed records caused by reported data breach incidents. The 2,164 incidents reported during 2013 exposed over 822 million records, nearly doubling the previous highest year on record (2011). Although overshadowed…