Matt Robinson reports that Morgan Stanley has been fined $1 million by the U.S. Securities and Exchange Commission to settle allegations that it failed to protect customer data improperly taken by a former financial adviser, Galen Marsh. Marsh pleaded guilty in September, 2015 to making thousands of unauthorized searches on his employer’s system and to copying information on…
Category: U.S.
Second Circuit Holds Insurers Have Duty to Defend Data Trap Lawsuit
Traub Lieberman Straus & Shrewsberry LLP write: In its recent decision in Nat’l Fire Ins. Co. v. E. Mishan & Sons, Inc., 2016 U.S. App. LEXIS 10151 (2d Cir. June 1, 2016), the United States Court of Appeals for the Second Circuit, applying New York law, had occasion to consider the application of an exclusion…
Washington marijuana applicants’ personal info subject to data breach
Ben Livingston reports: The Washington State Liquor and Cannabis Board is working to notify marijuana license applicants whose personal information was accidentally distributed by the agency in response to a public records request. The data may include social security numbers, driver’s license numbers, financial information, tax information and attorney-client privileged information. The LCB had redacted…
In wake of OPM breach, few sign up for protection services
Meredith Somers reports: Federal employees don’t think their personally identifiable information (PII) is safer than it was one year ago, but new numbers from the Office of Personnel Management show those employees are not taking advantage of the free protection offered in the wake of the massive cyber breach. About 21.5 million current and former federal…
House Energy And Commerce Committee Reviews Cybersecurity Practices At HHS
King & Spalding write: On May 25, 2016, the House Energy and Commerce Subcommittee on Health held a hearing to examine the Department of Health and Human Services’ (“HHS”) cybersecurity responsibilities. The hearing focused on legislation that would create a new office within HHS, the Office of the Chief Information Security Officer (“CISO”), consolidating information…
Woman charged with altering and stealing computer files from Cree
WRAL reports: A Cary woman has been charged with illegally accessing and altering computer files at Durham-based LED manufacturer Cree Inc., according to an arrest warrant. Huili Cui, 50, of 521 Denhoff Drive, is charged with felony accessing computers and larceny by employee. She was initially held in the Durham County jail under a $1…