Data breaches in the healthcare sector cost about $10.1 million - more than double the average cost of breaches across other industries - once again ranking the sector as having the most expensive data breaches, says Limor Kessem, principal consultant of cyber crisis management at IBM Security.
Ride-sharing service Uber has reached an agreement with the U.S. Department of Justice to resolve a criminal investigation into its massive 2016 data breach. After Uber admitting to covering up the data breach, as well as several other factors, the government has ended its prosecution.
Getting cybersecurity right means CISOs need peer relationships with other operations executives. CISOs need board access and a handle on the company business, writes Ian Keller, director of security at a telecom company. "And then you'll wake up and realize this is not as simple as it sounds."
A proposed $350 million settlement of a consolidated class action lawsuit against T-Mobile, after a 2021 data breach that affected nearly 77 million people, includes breach victims and related legal costs. The settlement requires T-Mobile to invest $150 million to bolster data security.
A misconfigured Alibaba private cloud server has led to the leak of around 1 billion Chinese nationals' personal details. An unknown hacker, identified as "ChinaDan," posted an advertisement on a hacker forum selling 23 terabytes of data for 10 bitcoins, equivalent to about $200,000.
India's stock brokers and depository participants must now report all cyberattacks and breaches to the Securities and Exchange Board of India within six hours of detection under a mandate implementing what is likely the world's tightest breach reporting timeline requirement.
To help improve HIPAA breach reporting, the Department of Health and Human Services should implement a formal mechanism for organizations to communicate with regulators about that process, according to a new report from the Government Accountability Office.
Publicly traded companies will need to beef up their cybersecurity knowledge since the the U.S. Securities and Exchange Commission is proposing rules and guidelines that would mandate more stringent oversight of cyber risk, says Roger Sels, former vice president of cyber solutions for BlackBerry.
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
A bipartisan U.S. proposal for a national privacy law also imposes new cybersecurity regulatory mandates onto the private sector. The inclusion of a data security section in draft privacy legislation shows the Washington consensus for voluntary industry measures is wearing thin.
A hacking incident involving data theft from a prominent provider of medical imaging services in Massachusetts has affected 2 million individuals, making it the largest health data breach reported to federal regulators so far this year. The company says the data was stolen in March.
Hacking incidents recently reported as major breaches by three different types of health sector entities - a children's hospital, a managed care plan and a government contractor - have in total compromised the sensitive information of more than 1.4 million individuals.
The list of ophthalmology practices and the number of individuals affected by a December hacking incident at a cloud-based electronic health records vendor, which resulted in deleted databases, are growing as more details about the attack slowly emerge.
In its most recent assault against a healthcare entity, ransomware-as-a-service operator AvosLocker claims to be behind an attack allegedly involving data theft from Texas-based CHRISTUS Health, which operates hundreds of healthcare facilities in the U.S., Mexico and South America.
The European Parliament and the Council of the European Union on Friday reached a provisional agreement to set a "baseline for cybersecurity risk management measures and reporting obligations." Called NIS2, it is a modernized framework based on the EU Network and Information Security Directive.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.eu, you agree to our use of cookies.