A healthcare company is preparing to pay $35,000,000 to settle a class action lawsuit over a cybersecurity incident that allegedly exposed patient information. According to the official settlement website, Laboratory Corporation of America Holdings, also known as Labcorp, has agreed to a proposed settlement tied to the American Medical Collection Agency data breach. The settlement […]
The post Healthcare Firm Handing Up to $5,000 to Patients After Data Breach Allegedly Exposes 7,700,000 People appeared first on The Daily Hodl.
Clients at a billion-dollar lender may have had their personal information exposed after a cybersecurity incident. River Bank & Trust says in a new filing with the U.S. Securities and Exchange Commission (SEC) that a hacker gained access to its network on June 16th and deployed ransomware in its server. River says it discovered the […]
The post Billion-Dollar Lender Suffers Data Breach, Warns ‘Unauthorized Threat Actor’ Launched Ransomware Attack appeared first on The Daily Hodl.
The breach highlights vulnerabilities in Apple's supply chain diversification strategy, potentially impacting investor confidence and competitive positioning.
The post Apple investigates exposure to Tata Electronics data breach appeared first on Crypto Briefing.
Two healthcare firms are preparing to pay $3.3 million to settle a class action lawsuit over a ransomware attack that allegedly exposed the personal and medical data of hundreds of thousands of people. According to the official settlement website, Mt. Baker Imaging and Northwest Radiologists agreed to settle claims tied to a data security incident […]
The post Up to $5,000 Per Person Incoming After Healthcare Firms Accused of Exposing 340,184 Americans in Data Breach appeared first on The Daily Hodl.
A New York City-based insurance firm is setting aside millions of dollars to compensate victims of a data breach that occurred more than one and a half years ago. According to the settlement website, insurance company Lemonade Inc has agreed to set up a $10.5 million fund to compensate victims of a data breach that exposed […]
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A California healthcare firm is preparing to pay more than $1.5 million to settle a class action lawsuit over a cyberattack that allegedly exposed patient data. According to the official settlement website, Deanco Healthcare, doing business as Mission Community Hospital, has agreed to establish a $1.5 million settlement fund tied to a May 1, 2023 […]
The post California Healthcare Firm Sending Up To $5,100 Per Person Over Data Breach Affecting 269,547 Americans appeared first on The Daily Hodl.
The record fine against Coupang underscores the growing regulatory focus on data protection, emphasizing the need for robust internal security measures.
The post Coupang fined a record $409 million over massive data breach affecting 33 million users appeared first on Crypto Briefing.
The age-old IT defense when compliance violations are investigated by regulators is to try and keep a low profile — and hope no one looks too closely. But with enhanced SEC interest in all data breaches encouraging regulators around the globe to take those closer looks at IT, data breach disclosure rules are becoming more strict.
While that might be unsettling for cybersecurity executives, it is also disturbing news for IT admins, who could find themselves under a remarkably uncomfortable spotlight.
Consider this recent move by the New York State Department of Financial Services against the Delta Dental Insurance Company. State officials hit the insurance company for improper and inconsistent enforcement of its own data retention policies; improper incident response plan protocols; and improper notification of the security incident itself.
The company was fined more than $2 million.
The data retention violations are perhaps the most problematic. Had that policy been enforced properly
A Pennsylvania-based bank is disclosing a data breach that was caused by artificial intelligence (AI) software. According to a filing with the U.S. Securities and Exchange Commission (SEC), Community Bank experienced a data breach earlier this month that impacted “customer names, social security numbers and dates of birth.” The filing says the data breach was […]
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