Tip Ranks reports: V.F. Corp., the name behind brands such as The North Face, Timberland, Dickies, and Vans, announced that a cyber incident in December resulted in the data breach of nearly 35.5 million customers. Last month, the cyber incident hampered VFC’s order fulfillment on its eCommerce portal. At the time, the company expected the […]
Today’s General Counsel reports: Genetic testing company 23andMe, which is facing more than 30 lawsuits from the victims of a massive data breach, is claiming that the victims themselves are to blame for the loss of their own data, TechCrunch reports. In a letter to hundreds of 23andMe users suing the company, 23andMe said the victims “negligently […]
Bleeping Computer reports: Today, CISA ordered U.S. federal agencies to secure their systems against three recently patched Citrix NetScaler and Google Chrome zero-days actively exploited in attacks, pushing for a Citrix RCE bug to be patched within a week. The cybersecurity agency added the flaws to its Known Exploited Vulnerabilities Catalog today, saying that such vulnerabilities are “frequent attack […]
From the Harvard Business Review: In December of 2020, SolarWinds learned that they had fallen victim to hackers. Unknown actors had inserted malware called SUNBURST into a software update, potentially granting hackers access to thousands of its customers’ data, including government agencies across the globe and the US military. General Counsel Jason Bliss needed to […]
Daryna Antoniuk reports: One of Taiwan’s biggest semiconductor manufacturers has fallen victim to a cyberattack, supposedly carried out by the notorious LockBit ransomware gang. The hackers posted a threatening message on Foxsemicon’s website, stating that they had stolen its customers’ personal data and would publish it on their darknet website if the company refused to […]
Reuters reports: Veon, the parent company of Ukraine’s largest mobile operator Kyivstar, will take a hit of around 3.6 billion hryvnias ($95 million) in revenue in 2024 due to a massive cyberattack in December, the Dutch telecoms group estimated on Thursday. The estimated lost revenue is associated with measures Kyivstar has taken to compensate customers […]
Troy Hunt of HaveIBeenPwned writes: Read more at TroyHunt.com
Bleeping Computer reports: U.S. mortgage lender loanDepot has suffered a cyberattack that caused the company to take IT systems offline, preventing online payments against loans. loanDepot is one of the largest nonbank retail mortgage lenders in the USA, employing approximately 6,000 people and servicing loans of over $140 billion. Read more at Bleeping Computer. Loan […]
BakerHostetler law firm is well-known for data breach incident response. They write, “Three years ago we set a new industry standard by creating our Digital Assets and Data Management (DADM) practice group, which now has more than 100 attorneys and technologists. Every year we organize and publish our collective insights in this report. It is […]
‘Punishing the victims’: Would banning ransom payments stop hospital cyberattacks?
In its The State of Ransomware in the U.S. report for 2023, Emsisoft opined that the only solution to the ransomware crisis is to completely ban ransomware payments. That recommendation has generated some discussion, and now Becker’s has also reached out to health system CISOs to get their reaction to the recommendation. The majority’s opinion […]