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: U.S.
23andMe’s data hack went unnoticed for months
23andMe may try to blame the victims for their massive data breach, but how are they going to blame anyone for it taking them five months to detect the breach? Mariella Moon reports: In late 2023, genetic testing company 23andMe admitted that its customer data was leaked online. A company representative told us back then that the bad…
HPE: Russian hackers breached its security team’s email accounts
Lawrence Abrams reports: Hewlett Packard Enterprise (HPE) disclosed today that suspected Russian hackers known as Midnight Blizzard gained access to the company’s Microsoft Office 365 email environment to steal data from its cybersecurity team and other departments. Midnight Blizzard, aka Cozy Bear, APT29, and Nobelium, is a Russian state-sponsored hacking group believed to be part…
K-12 Cybersecurity Spending, Insurance on the Rise
Government Technology reports: While school districts have a heightened awareness of cyber attacks and are increasingly improving their defense systems, most indicate that they still need dedicated personnel to better protect their data in addition to stronger collaboration from staff, according to an annual survey by the school software company Clever. Clever’s 27-page report, released this…
$2.4 trillion securities platform owner hacked. EquiLend admits “unauthorised access”
Ed Targett reports: Financial technology company EquiLend – the owner of a NGT [Next Generation Trading], a platform that executes $2.4 trillion of securities transactions each month – has confirmed “unauthorized access to our systems” on January 22. The incident has disrupted some of its services, it confirmed. “We took immediate steps to secure our…
Feds Charge Alleged ‘TLO’ Underground Data Broker
Joseph Cox reports: This article was produced in collaboration with Court Watch, an independent outlet that unearths overlooked court records. Authorities charged a man from Baltimore on Monday with allegedly running a so-called TLO data service, a tool that makes it incredibly easy for hackers and other criminals to dox nearly anyone in America quickly and…