Legal News, Data Breach News
February 20, 2024
1206 views 2 mins 0

Breach notification laws do little to nothing to reduce breaches, study claims

Tech Times reports: A study by researchers from the University of Minnesota and George Mason University has reportedly claimed that US cybersecurity laws on breach notifications have little to no effect on curbing data breach incidents in the country.  The legislation that requires businesses to tell customers if their data has been compromised, known as breach notification laws (BNLs), enacted by governments of […]

Legal News
February 09, 2024
1147 views 2 mins 0

FCC Updates Security Breach Rules for Telecommunications Service Breaches

In honor of Privacy Day, Steven A. Augustino and Jack Pringle of Nelson Mullins have highlighted new security breach rules promulgated by the Federal Communications Commission (FCC). Their article begins by pointing out something also noted in the healthcare sector, where increasing concurrent jurisdiction increases the number of federal and state regulations entities must comply […]

Insurance News, Commentaries and Analyses, Legal News
February 03, 2024
1428 views 3 mins 0

Do you know what your cyber policy covers? (Southwest Airlines v. Liberty Insurance Underwriters)

An article by attorneys at Barnes & Thornburg LLP discusses a court case that serves as a useful reminder of how provisions of cyber policies may be interpreted when it comes to coverage of cyber-related incidents — even when those incidents are not data breaches. In 2016, Southwest Airlines suffered a computer system failure that […]

News, Data Breach News, Legal News
February 02, 2024
663 views 7 mins 0

FTC Order Will Require Blackbaud to Delete Unnecessary Data, Boost Safeguards to Settle Charges its Lax Security Practices Led to Data Breach

Federal Trade Commission building, Washington D.C.

FTC says company’s poor security allowed hacker to steal sensitive data of millions of consumers, go undetected for months South Carolina-based Blackbaud Inc. will be required to delete personal data that it doesn’t need to retain as part of a settlement with the Federal Trade Commission over charges that the company’s lax security allowed a […]

Legal News
February 02, 2024
1164 views 3 mins 0

President Biden Says He Will Veto Any Resolution That Repeals the New SEC Breach Disclosure Rule

While advocates for more transparency and timely disclosures in response to data breaches were generally pleased with the new disclosure rule by the SEC that went into effect on December 18, not everyone was pleased. In November 2023, Senator Thomas Tillis [R-NC] introduced bill S.J.Res.50 – A joint resolution providing for congressional disapproval under chapter […]

Legal News, News
January 30, 2024
1258 views 10 mins 0

Attorney General James Sues Citibank for Failing to Protect and Reimburse Victims of Electronic Fraud

NEW YORK – New York Attorney General Letitia James today sued Citibank, N.A. (Citi) for failing to protect and refusing to reimburse victims of fraud. The lawsuit alleges that Citi does not implement strong online protections to stop unauthorized account takeovers, misleads account holders about their rights after their accounts are hacked and funds are stolen, […]

News, Data Breach News, Legal News
January 29, 2024
1202 views 20 secs 0

Ex-IRS Contractor Who Leaked Trump, Griffin Tax Data Gets Five Years in Prison

Bloomberg News reports: A former Internal Revenue Service contractor who stole and leaked the tax returns of former President Donald Trump, Ken Griffin, Elon Musk and other billionaires was sentenced to five years in prison. Charles Littlejohn, 38, pleaded guilty Oct. 12 to stealing Trump’s tax data from the IRS and leaking it to the New York Times. He also admitted taking tax […]