Breach victims who sign up for free fraud-monitoring services from breached businesses that lost control of their data often sign away their right to join class-action lawsuits or pursue other legal actions, and Marriott proved to be no exception, following its mega-breach. But it now appears to be backing off.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
The massive data breach suffered by Equifax in 2017 "was entirely preventable," according to a report released by the House Oversight Committee's Republican majority. Some Democratic lawmakers have slammed the report for failing to advance legislative or oversight changes to help prevent breaches.
The U.K.'s privacy watchdog says that six months after enforcement of the EU's General Data Protection Regulation began, it's seen a dramatic increase in data breach reports - as well as privacy complaints from the public.
The Financial Services Sector Coordinating Council recently unveiled the Cybersecurity Profile - a framework that integrates widely used standards and supervisory expectations to help financial institutions develop cyber risk management programs. Josh Magri of the Bank Policy Institute outlines key elements.
Australia's Parliament has passed new laws enabling it to compel technology companies to break their own encryption. Although the government argued the laws are needed to combat criminal activity and terrorism, opponents argued the powers could creep beyond their scope and weaken the security of all software.
An update on the hacking of email accounts of four senior aides within the National Republican Congressional Committee leads the latest edition of the ISMG Security Report. Also featured: An analysis of when the first major fines for violations of the EU's GDPR could be issued.
A batch of documents meant to be kept under court seal lays bare Facebook's strategic brokering of access to user data to reward partners and punish potential rivals. The material also demonstrates Facebook's views at the time on privacy and the risks of leaking data.
Enforcement of the European Union's General Data Protection Regulation began May 25. What has happened since then? And how has the privacy dialogue evolved in the U.S.? Attorney Jay Kramer shares insights on how organizations are now approaching privacy.
Financial institutions of all sizes can use a new Cybersecurity Profile tool to help them comply with a variety of regulations and implement the NIST Cybersecurity Framework, says Denyette DePierro of the American Bankers Association.
SWIFT hacks happen when cybercriminals get in between the customer's network and the SWIFT network. There, they can change or reroute messages and even currency, making even one successful SWIFT hack highly lucrative.
However, these cyberattacks can be prevented with a strong security posture and absolute...
Marriott's mega-breach underscores the challenges companies face in securing systems that come from acquisitions as well as simply storing too much consumer data for too long, computer security experts say. Meanwhile, the hotel giant has yet to answer many pressing data breach questions.
Will Marriott be the first organization that lost control of Europeans' personal data to feel the full force of the EU's General Protection Regulation? With GDPR in full effect since May, organizations with data security practices face the potential of massive fines.