Browsing tag

data breach

Equifax will be paying up to $23k USD to each user whose data was compromised

The massive 2017 data breach in Equifax compromised more than 140 million sensitive data, including social security numbers, payment card details, among others. Recently, data protection specialists reported that the company had reached an agreement with U.S. government agencies, an agreement that included payment of about $650M USD for damage repair. One of the highlights […]

Equifax to Pay up to $700 Million in 2017 Data Breach Settlement

Equifax, one of the three largest credit-reporting firms in the United States, has to pay up to $700 million in fines to settle a series of state and federal investigations into the massive 2017 data breach that exposed the personal and financial data of nearly 150 million Americans—that’s almost half the country. According to an […]

Biggest credit reporting firm pays $700M USD data breach fine

Data protection specialists say that, after two years, business advisory firm Equifax has reached an agreement with U.S. government agencies to pay around $700M USD due to massive data breach happened in the company in 2017. The agreement involves bodies such as the Federal Trade Commission (FTC), the Consumer Protection Bureau, and several states’ attorney […]

Equifax to Pay Nearly $650 Million as Fine Over 2017 Data Breach

Equifax to pay a massive fine of around $650 million following to the 2017 data breach that exposes 145 million customers record. The exposed data includes names, addresses, driver license numbers, and Social Security numbers. The company is expected to pay around $650 million to settle for Federal, state investigations and customer claims that associated […]

Russia’s Secret Intelligence Agency Hacked – One of the Largest Hack in the Russian Secret Service History

Hackers compromised the Russian Federal Security Service (FSB) servers where they gained access to 7.5 terabytes of data from a major FSB contractor named “Sytech”. Intruders leaked the dozens of data that related to non-public Internet projects such as how Russia trying to de-anonymization of users of the Tor browser, collecting information about users of social networks, […]

36TB Data Breach: The Culprit, Lenovo’s Obsolete Iomega NAS

The probability that Lenovo has earned the infamous record for becoming a subject of the world’s biggest data breach in history is shaping-up fast. The culprit? The still online legacy Iomega storage system harboring a security flaw but still being used as an internal NAS drive that was left within the infrastructure of Lenovo for […]

Slack data breach: Company resets thousands of passwords

Slack data breach took place in 2015 but the company became aware of the incident recently through its bug bounty program. Slack has suffered a data breach in which thousands of users have been affected. As a result, the company is resetting passwords of thousands of impacted users. The data breach took place back in […]

Slack Resets Passwords For Users Who Hadn’t Changed It Since 2015 Breach

If you use Slack, a popular cloud-based team collaboration server, and recently received an email from the company about a security incident, don’t panic and read this article before taking any action. Slack has been sending a “password reset” notification email to all those users who had not yet changed passwords for their Slack accounts […]

Sprint Data Breach Due To Samsung.com Bug Revealed

U.S. telecom giant, Sprint has recently revealed that a certain number of Sprint customer accounts were taken over by unauthorized users using a loophole in Samsung.com’s “add a line” feature. The company disclosed this information as per their June 22 internal report and the following information of affected users are now in the hands of […]

Hacker Stole Data of Over 70% Bulgarian Citizens from Tax Agency Servers

Eastern European country Bulgaria has suffered the biggest data breach in its history that compromised personal and financial information of 5 million adult citizens out of its total population of 7 million people. According to multiple sources in local Bulgarian media, an unknown hacker earlier this week emailed them download links to 11GB of stolen […]

Telecommunication Company Sprint Customers Account Hacked Through Samsung Website

American telecommunication company Sprint recently learned that hackers breached the customers account through Samsung website. According to the letter shared by the company on June 22, says that “unauthorized access to your Sprint account using your account credentials via the Samsung.com ‘add a line’ website.” Hackers have accessed the personal associated with the Sprint accounts, […]

Blue Cross insurance will be pay $10M USD fine for data breach

According to reports from information security experts, Premera Blue Cross, the Pacific’s largest insurer, agreed to pay about $10 million in 30 states after a data breach incident was revealed that compromised the more than 10 million people in the U.S. The company reached an agreement with the Washington Attorney General’s Office; the agreement was […]

Marriott International Facing More than $120 Million Fine Under GDPR for 2018 Data Breach

Marriott International fined over £99 million ($123 Millon) under the General Data Protection Regulation (GDPR) for failure to protect customer data. Information Commissioner’s Office (ICO) issued a fine notice to Marriott for 2018 data breach, in which approximately 339 million guest records were exposed globally. The fine imposed to Marriott for breaches of data protection […]

Marriott will be fined with £100 million due to data breach incident

The prestigious Marriott hotel group faces a fine of up to one hundred million pounds after suffering a data breach that impacted more than 300 million users, website security specialists report.  The UK Information Commissioner’s Office (ICO) imposed the fine against the company due to the information security incident arising in the systems of the […]

Marriott Faces $123 Million GDPR Fine Over Starwood Data Breach

After fining British Airways with a record fine of £183 million earlier this week, the UK’s data privacy regulator is now planning to slap world’s biggest hotel chain Marriott International with a £99 million ($123 million) fine under GDPR over 2014 data breach. This is the second major penalty notice in the last two days […]

7-Eleven payment app was hacked; $500k USD stolen

According to web application security testing specialists, 7-Eleven Japan decided to suspend the mobile payment feature recently implemented for the 7Pay app after a third party exploited a vulnerability to make fraudulent charges, affecting hundreds of customers. The mobile payments feature had just been released on Monday, July 1 and allowed users to scan a […]

British Airways to pay more than £180M fine after 2018 data breach

Data protection specialists reported that British Airways is facing a fine of up to £180M due to the data breach that occurred in the company last year. After investigating the incident, the UK Information Commissioner’s Office (ICO) concluded that “security deficiencies in the company” led to the loss of information such as personal data, bank […]

British Airways Fined £183 Million Under GDPR Over 2018 Data Breach

Britain’s Information Commissioner’s Office (ICO) today hit British Airways with a record fine of £183 million for failing to protect the personal information of around half a million of its customers during last year’s security breach. British Airways, who describes itself as “The World’s Favorite Airline,” disclosed a breach last year that exposed personal details […]

Digital Transformation and Implementation of Information Security

Security has been a major concern for everyone recently, especially for companies that use technology as the main component of their service offering. The increasing pressure of consumer expectations is driving many businesses to offer customers and members the desired digital and fast processes. However, alongside this new technology, today’s consumers also want to be […]