Katherine Gasztonyi writes: On Friday, March 27, 2015, the Federal Trade Commission and Wyndham Worldwide Corp. filed supplemental briefing in the Third Circuit regarding whether the FTC had made an adjudicative decision that the FTC Act prohibits unreasonable cybersecurity practices and, if not, whether a federal court could hear a case charging a violation of the FTC Act…
Why Data Breaches Don’t Hurt Stock Prices
Elena Kvochko and Rajiv Pant review the impact of some of the major breaches, noting what we’ve all noted – that breaches generally don’t have a huge economic impact on stock prices. Here’s a snippet from their article: This mismatch between the stock price and the medium and long-term impact on companies’ profitability should be…
Kazakhstan Government Sues 100 “Does” Over Hack
Mike Heuer of Courthouse News reports that a lawsuit has been filed in Santa Clara County Court against Does over the hack of Kazakhstan government emails. You can read more here. This appears to be the second suit the government has filed.
MA: Life Care Center of Attleboro Notifies Former Patients and Employees of Missing Records
Patients at Life Care Center of Attleboro between 1992 and 2004, in 2006, or in 2011, may have been affected by a breach involving paper records. The breach involved storage vendor Iron Mountain, who was unable to locate the records during a limited audit. Although neither Iron Mountain nor Life Care Center of Attleboro seem to suspect data…
More details on the French Lick Resort payment card breach
In January, French Lick Resort in Indiana disclosed a malware-related breach affecting payment card data. On January 31, attorneys for Blue Sky Casino, LLC, the parent company, formally notified the Maryland Attorney General’s of the incident. The notification provides additional details on the incident, including the fact that the firm sent out 87,975 notification letters…
Florida Department of State confirms data breach
Florida’s Department of State has now issued a press release about a breach first reported on this site yesterday. Here’s their statement: The Florida Division of Elections has learned of the inadvertent release of non-confidential voter information that occurred in March following the fulfillment of voter registration record extract requests. The Division of Elections has confirmed…