All Cybersecurity articles – Page 16
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Article
Neiman Marcus data breach exposes personal info of 4.6M customers
Luxury retailer Neiman Marcus discovered last month a May 2020 data breach that exposed personal and financial information contained in the online accounts of approximately 4.6 million customers.
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Resource
White paper: 2021 Consumer Cybersecurity Poll Executive Report
To uncover Americans’ top cybersecurity concerns, CSI partnered with The Harris Poll to survey more than 2,000 U.S. adults age 18 and above about their perceptions, fears and expectations related to cybersecurity.
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Article
Introducing: Cybersecurity training customized for compliance
The professor who created CW’s first-ever self-directed learning module explains what compliance practitioners can expect to get out of the course—and why it’s an essential tool in an evolving cyber-risk landscape.
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Training
On-demand training: Protect your company from cyber risks
Take this self-directed, interactive course to deepen your understanding of cybersecurity risks and learn about the latest regulations to keep your organization compliant and prepared for today’s dangerous cyber environment.
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Article
Treasury sanctions virtual currency exchange as part of ransomware response
The U.S. Department of the Treasury announced “robust actions” to counter ransomware, including blocking the assets of a Russian virtual currency exchange that has facilitated payments for at least eight ransomware variants.
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Article
SEC sanctions 8 over email breaches
The Securities and Exchange Commission penalized eight firms across three separate actions for breaches of employee email accounts that exposed the personal information of thousands of customers in each case.
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Article
Banking guidance: Six key areas of FinTech due diligence
Three federal banking regulators have released guidance offering tips and suggestions to community banks for conducting due diligence on potential FinTech partners.
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Article
CEO: T-Mobile ‘humbled’ by data breach, taking steps to prevent future attacks
T-Mobile CEO Mike Sievert lamented the recent breach of company servers that led to a hacker stealing the personal information of nearly 55 million customers, but said the company is “fully committed to take our security efforts to the next level.”
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Article
T-Mobile ups compromised customer account total to 55M
A “highly sophisticated” cyber-attack illegally accessed nearly 55 million customer records of mobile phone carrier T-Mobile, the largest such attack against the company that has been hit at least four previous times since 2018.
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Article
T-Mobile the least surprising data breach of 2021
Cyber-attacks catch most companies and their customers off guard, but T-Mobile, the victim of at least five data breaches since 2018, had many red flags indicating its vulnerability ahead of its latest incident.
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Article
Pearson fined $1M for misleading data breach disclosures
U.K.-based education company Pearson has agreed to pay $1 million as part of a settlement with the Securities and Exchange Commission for misleading investors regarding a 2018 data breach.
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Article
FINRA notice outlines key areas for supervising third parties
The Financial Industry Regulatory Authority issued a notice on compliance deficiencies arising from firms’ relationships with vendors culled from examination findings.
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Article
What factors are driving change in your corporate investigations process?
A recent survey from Compliance Week and OpenText reveals while investigations and data volumes are on the rise, machine learning combined with external expertise may give companies the upper hand in accelerating response and results.
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Article
Q&A: How Kaiser Permanente has handled change brought by COVID-19
Vanessa Benavides, chief compliance and privacy officer and senior VP at Kaiser Permanente, shares how the company adjusted its policies and procedures because of COVID-19 and the lessons she learned along the way.
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Article
Judge dismisses CCPA-related lawsuit against Walmart
A federal judge in California dismissed a lawsuit alleging a data breach at Walmart was a violation of the California Consumer Privacy Act, noting the plaintiff failed to prove a breach occurred.
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Article
Robinhood Crypto anticipates $10M penalty for cyber, AML failures
Robinhood Markets said its cryptocurrency platform might face a penalty of “at least” $10 million from the New York State Department of Financial Services for anti-money laundering and cyber-security failures.
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Article
British Airways settles 2018 data breach class action
British Airways has settled one of the U.K.’s largest group actions after thousands of people sought compensation following a 2018 data breach that resulted in the airline being fined under the GDPR.
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Article
TPRM 2021: What to do before, during, and after a ransomware attack
Two risk and compliance practitioners opened their cyber-playbooks at CW’s TPRM virtual event, explaining how to identify and address vulnerabilities, establish transparency with vendors, and strengthen an organization’s incident management program.
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Article
Takeaways from NYDFS ransomware guidance
The New York State Department of Financial Services has issued guidance for regulated entities describing best practices for reducing the risk of a ransomware attack.
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Article
Pandemic effect on TPRM practices here to stay, expert warns
With many businesses still sorting through the new layers of risk that have emerged over the last 16 months, Linda Tuck Chapman of the Third Party Risk Institute shared her top areas of focus and more at CW’s virtual TPRM event.