Roy Strom writes: Chieftains of corporate America have long feared the financial and reputational fallout from a hacking breach. But a class action suit unveiled against a law firm last week could add to their data security anxiety. The suit claims that companies and law firms should be held accountable for lax security measures even if their…
Boy, 17, who showed cyber criminals how to carry out a £42m attack on TalkTalk is given a 12 month rehabilitation order and has his phone confiscated
Thomas Burrows reports: A 17-year-old boy who hacked TalkTalk has been given a 12-month youth rehabilitation order and had his iPhone and computer hard drive confiscated for his role in the multi-million pound data breach. The boy, who was 16 at the time, used a software ‘hacking tool’ which uncovered the weakness before posting details…
Massive Australian Taxation Office data loss feared after Hewlett Packard Enterprise equipment crash
Fleur Anderson and Paul Smith report: The Australian Taxation Office has restored access to some of its online services, but concerns remain that large amounts of data have been lost after it suffered a “world-first” technical glitch to equipment from Hewlett Packard Enterprise more than 24 hours earlier. Tax officials were reportedly told to work…
OH: Stolen prisoners’ identities netted $422,523 in college loans
Alan Johnson reports: State investigators have uncovered a scheme where the identities of prison inmates were stolen to fraudulently apply for and receive $422,523 in student college loans. Ohio Inspector General Randall J. Meyer found the fraud during a two-year investigation after receiving a tip from the U.S. Department of Education Office of Inspector General…
Heritage Auction House Sues Christie’s and Collectrium Over Data Theft
Brian Boucher reports: Dallas-based Heritage Auctions has filed suit against Christie’s accusing the auction giant of harboring a large trove of sales data stolen by the operators of its Collectrium database. The suit alleges that Collectrium staffers used various accounts, one of them registered under the name of the silver-screen spy Jason Bourne, to pilfer data…
CoStar Sues Longtime Competitor Xceligent, Alleging Data Theft
Peter Grant reports: CoStar Group Inc., one of the world’s largest commercial real-estate data companies, has taken direct aim at longtime competitor Xceligent with a lawsuit alleging Xceligent has been involved in “brazen and widespread theft” of its data and photos, according to legal papers filed Monday night. Read more on WSJ.