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Lawsuit filed against AT&T is likely only the first of many
“It’s not a matter of ‘if.’ It’s just a matter of ‘when,’” people say about data breaches. The same could be said for potential class action lawsuits that follow announcements of big breaches. This week, AT&T is among those who are being sued over a big breach. Bloomberg reports: COURT: N.D. TexTRACK DOCKET: No. 3:24-cv-00757 (Bloomberg Law subscription) AT&T […]
Hackers stole Russian prisoner database to avenge death of Navalny
CNN had an exclusive report that is generating a lot of coverage. It begins: Within hours of opposition leader Alexey Navalny’s death in February in a Russian prison, a group of anti-Kremlin hackers went looking for revenge. Using their access to a computer network tied to Russia’s prison system, the hackers plastered a photo of Navalny on the […]
Two years after data leaked, AT&T is resetting passwords and notifying current and former customers of possible data breach
WFAA reports that AT&T has begun notifying about 7.6 million current AT&T account holders and 65.4 million former account holders whose data recently leaked online. The data set includes information such as Social Security numbers. It is unknown if the data “originated from AT&T or one of its vendors,” the company said in a recent […]
Draft of Cyber Incident Reporting Rules Posted
A draft of federal cyber incident reporting rules for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) has been posted in the Federal Register. It’s not exactly light reading, weighing in at a whopping 447-page Notice of Proposed Rulemaking. The rules will require critical infrastructure entities to notify the federal government of […]
Rewards for Justice – Reward Offer for Information on ALPHV BlackCat-linked Cyber Actors Targeting U.S. Critical Infrastructure
On February 15, the U.S. Department of State offered a $10 million reward for “information leading to the identification or location of any individual(s) who hold a key leadership position in the Transnational Organized Crime group behind the ALPHV/Blackcat ransomware variant. In addition, a reward offer of up to $5,000,000 is offered for information leading to the […]
Credit card company secures $48M verdict following decade-long legal battle over massive insider data breach
The Readable explains: A decade-long legal battle involving a data breach that affected the majority of the South Korean population concluded last week. The court confirmed a compensation award of $48 million to a credit card company. The Supreme Court of Korea has rejected the appeal of the defense and ordered the company to pay […]
U.K. Information Commissioner Office publishes new fining guidance
The Information Commissioner’s Office has published new data protection fining guidance setting out how it decides to issue penalties and calculate fines. The guidance provides greater transparency for organizations about how the ICO goes about using its fining power. Tim Capel, ICO Director of Legal Service, said: “We believe the guidance will provide certainty and clarity for […]
AI Poses a Threat to Financial Sector, and Cyberattackers are ‘Outpacing’ Defenses – Treasury
Law.com reports that the U.S. Treasury Department warned the financial services sector this week that artificial intelligence (AI) will become a powerful weapon for fraudsters and cyberattackers, who will outgun the sector’s defensive efforts in the foreseeable future. The report was based on interviews with representatives from 42 financial services and technology companies about the […]