data breach News

Equifax Hack Has Businesses Uneasy About Security

The Equifax breach is reminding small business owners that they may be vulnerable to cybercriminals. Companies that provide security and other technology services to small businesses say they’ve had an increase in calls from customers since Equifax revealed that the …

Key Equifax Execs Depart Amid Questions in Data Breach

Equifax announced late Friday that its chief information officer and chief security officer would leave the company immediately, following the enormous breach of 143 million Americans’ personal information. The credit data company – under intense pressure since it disclosed last …

Research Finds USBs Pose Data Leakage Risk

USB connections, the most common interface used globally to connect external devices to computers, are vulnerable to information ‘leakage’, making them even less secure than has been thought, Australian research has shown. University of Adelaide researchers tested more than 50 …

Accidental Data Breaches Growing Cause of Cyber Losses

Beazley, a cyber and data breach response global insurance provider, released its Beazley Breach Insights findings based on its client data in the first six months of 2017. Ransomware attacks continued their rise in the first half of 2017, up …

CEO, Counsel Punished After Yahoo Second Breach

Yahoo is punishing CEO Marissa Mayer and parting ways with its top lawyer for the mishandling of two security breaches that exposed the personal information of more than 1 billion users and already have cost the company $350 million. Mayer …

Car Parts Maker Says Scam Got Tax Info for 2,400 U.S. Workers

A Swiss company said Wednesday income tax information was stolen for about 2,400 workers in the United States, putting them at risk of identity theft just as many are awaiting tax refunds. Autoneum North America Inc. said the data included …

As Chips Cut In-Store Fraud Credit-Card Thieves Move Online

The adoption of credit-card chip technology by U.S. retailers is having an unintended consequence: Criminals are moving from brick-and-mortar stores to the internet. The use of stolen card data to pay for merchandise on websites, in mobile apps and by …

Businesses’ Data Breach Concerns Push Cyber Insurance Market Growth

U.S. insurers are becoming more skilled at underwriting and pricing stand-alone cyber insurance policies as businesses show a greater interest in protecting themselves from data breaches and attacks, according to the Insurance Information Institute (I.I.I.). “More than 60 carriers offer …

NetDiligence: Cyber Claims Continue to be Costly

The average cyber breach claim for a large company was almost $6 million, according to the findings released by NetDiligence in its latest study on cyber claim costs. The sixth annual study of cyber claim payouts by the cyber risk …

Cyber Threats, a Changing Workforce and Severe Weather Top Travelers Risk Index

The Travelers Companies, Inc. announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there …