CryptoNews reports: In a surprising turn of events, the hacker behind the $7.5 million exploit of decentralized exchange KiloEx has returned the entire sum just four days after the initial attack. On April 14, KiloEx suspended its perpetual futures trading platform following a severe security breach that resulted in attackers draining $7.5 million worth of cryptocurrency assets […]
The HIPAA Journal reports: UnitedHealth Group has adopted an aggressive approach to recover outstanding balances on loans issued to healthcare providers affected by the February 2024 ransomware attack on Change Healthcare. The attack caused a prolonged outage of Change Healthcare’s systems, causing massive disruption to revenue cycles as providers were unable to submit claims. Many […]
Mint reports: The website of Nippon Life India Asset Management Ltd, India’s largest mutual fund by number of investors, has been down since a cyberattack hit the company’s IT infrastructure on 9 April. When Mint visited the website on 17 April, the home page was accessible but the login page was not. The company wrote in an exchange filing […]
Fast Company reports: Several of the largest U.S. banks are reportedly pausing or reassessing how they send sensitive information to the Office of the Comptroller of the Currency (OCC) following a major cyberattack on the regulator. JPMorgan Chase and Bank of New York Mellon have halted electronic information-sharing with the OCC, Bloomberg reported. Bank of America […]
TechStory reports: The notorious internet forum 4chan—long known as a breeding ground for viral memes, fringe political communities, and online chaos—has gone dark after what appears to be a massive and deeply compromising hack. As of early Tuesday, users across the world were reporting serious outages, struggling to load the site, let alone access any […]
NPR reports: In the first days of March, a team of advisers from President Trump’s new Department of Government Efficiency initiative arrived at the Southeast Washington, D.C., headquarters of the National Labor Relations Board. … according to an official whistleblower disclosure shared with Congress and other federal overseers that was obtained by NPR, subsequent interviews […]
The Daily Hodl reports that Bank of America has notified affected customers of a March 6 incident in which documents were lost in transit: Bank of America says efforts to locate sensitive documents containing personal information on an undisclosed number of customers have failed. The North Carolina-based bank says it is unable to recover the documents, which […]
The Record reports: A lab company providing services to some Planned Parenthood centers disclosed a data breach on Friday impacting about 1.6 million people. Laboratory Services Cooperative (LSC) said it initially discovered the cyberattack on October 27 and began an investigation that was completed in February. The stolen data includes medical information like dates of […]
The WilmerHale law firm provides a recap of trends in 2024: One of the main risks for a company in the event of a data breach is the threat of litigation. Data breach litigation continued to proliferate in 2024, as it has in prior years. In the past year, plaintiffs continued to seek relief following […]
BakerHostetler launches 2025 Data Security Incident Response Report
BakerHostetler has released its 2025 Data Security Incident Response Report, which provides insight and analysis from more than 1,250 data security incidents managed by the firm this past year. Their report features a deep dive into critical components of security incidents (e.g., response timeline, average ransom payment amount, frequency of litigation) as well as an examination of […]