During a hearing Tuesday, U.S. Sen. Richard Blumenthal, D-Conn., revealed that Bank of America, JPMorgan Chase and Wells Fargo only reimbursed 38% of unauthorized Zelle transaction claims - leaving consumers on the hook for $100 million in fraud losses. The banks disputed the committee's findings.
This week, North Korean hackers targeted macOS users, Bassett Furniture suffered a ransomware attack, Interpol arrested 300 and seized $3 million, new details emerged about Designed Receivable Solutions, Repligen reported a cyber incident, and MarineMax reported a data breach.
A judge Thursday dismissed most of the claims federal regulators made against SolarWinds related to allegedly misleading investors about the company's cybersecurity practices and risks. The SEC can proceed only with claims related to the security statement issued by SolarWinds before the 2020 hack.
In its initial legislative agenda, the United Kingdom's newly elected Labour government has introduced a new cybersecurity bill in a bid to address rising cyberthreats to the country. The bill seeks to reduce the severity of cyberattacks on essential services and improve cybersecurity preparedness.
A bipartisan trio of U.S. senators has introduced legislation aimed at improving healthcare sector cybersecurity by directing the Department of Health and Human Services to collaborate with the Cybersecurity Infrastructure and Security Agency, including creating a CISA liaison to work with HHS.
Experts warned in congressional testimony to the Senate Commerce Committee on Thursday that the absence of a comprehensive privacy bill in the United States is hindering economic competition for technology companies and jeopardizing the privacy of the American public.
A Texas federal court ruled the U.S. Department of Health and Human Services overstepped its authority in guidance warning HIPAA-regulated entities that it's unlawful to use online tracking tools to capture IP addresses in visits to websites containing information about maladies.
Hackers behind the leak of 10 million records from Australia's second-largest telecommunications carrier Optus exploited a vulnerability the company unwittingly inserted four years earlier into a web portal access control, said the Australian Communications and Media Authority.
Blackbaud will pay $6.75 million and improve its data security practices under a settlement with California's attorney general. The settlement is the latest between the fundraising software firm and state and federal regulators in the wake of a 2020 hack that compromised sensitive data of millions.
Third-party vendors should be supervised rigorously to prevent data breaches and ensure transparency across all organizational levels, according to Jonathan Armstrong, partner, Punter Southall Law. CISOs have to educate their boards on systemic risks, he said.
A study investigating the impact of ransomware attacks on hospitals and the ripple effect on nearby facilities is a call to action for policymakers to seriously address how those assaults can be better handled in the health sector, said researchers Rahi Abouk and David Powell.
In a clash of cloud security titans, Wiz denied all claims made by rival Orca Security of patent infringement and unauthorized use of proprietary information. Instead, Wiz said Orca copied its technological advancements and used confidential information to enhance its own products.
A high-ranking U.S. senator is urging the Department of Health and Human Services to get tougher on healthcare sector cyber requirements. He says its failure to regulate the cyber practices of top healthcare organizations is contributing to the "major epidemic" of attacks such as Change Healthcare.
SecurityScorecard accused Safe Security and former employee Mary Polyakova in a civil complaint of stealing confidential customer information and engaging in unfair competition. The lawsuit seeks to protect SecurityScorecard's trade secrets and recover monetary damages.
Six weeks after an Alabama hospital settled the first-ever death claim related to a ransomware attack, attorneys representing the mother of the baby who died - allegedly from birth complications related to the 2019 incident - say the hospital hasn't paid up and are asking the court to intervene.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.eu, you agree to our use of cookies.
