Cyber crooks claim to hit two big Canadian banks
Bank of Montreal and Canadian Imperial Bank of Commerce said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions in the country, The Reuters writes.
Coca-Cola suffers breach at the hands of former employee
The Coca-Cola company announced a data breach incident this week after a former employee was found in possession of worker data on a personal hard drive, the website BleepingComputer reports.
Airline Data Leaks
Airlines operate huge volumes of passenger data, highly liquid commercial details, and their own know-how. For such a fast-paced business, any leak can have grave consequences.
ICO fines Greenwich University 120K for data breach
The Information Commissioner’s Office has fined Greenwich University £120,000, after a former student breached a critical server and uploaded 19,500 people’s data to the dark web, the website NS Tech writes.
CBC warns of data breach after break-in
The CBC is warning more than 20,000 of its past, present and contract employees that their personal and financial information may be at risk after a break-in and the theft of computer equipment. Corporation has budgeted $300,000 to cover outreach, insurance costs, their website says.
Lincare settles employee data breach claims
Medical provider Lincare will pay $875,000 to settle a lawsuit filed by employees whose information may have been exposed in a “phishing attack”, the portal HME News reports.
The real cost of an Image breach
Modern companies process and store huge volumes of graphic information, primarily, scanned document copies. To prevent leaks of such data, organizations need to use DLP systems with built-in OCR modules. This is a digest of image leaks, prepared by InfoWatch Analytical Center.
GoAir sues former MD over data theft
Budget airline GoAir has filed a suit against its former CEO Wolfgang Prock-Schauer, accusing him of data theft, The Hindu BusinessLine writes. Prock-Schauer, who joined GoAir rival IndiGo as its Chief Operating Officer starting February 1, was sued by GoAir in the Bombay High Court on February 13. The next hearing is expected in June.
How Leaving Employees Can Damage Enterprise Assets
As the value of enterprise data continues to grow, businesses suffer heavy losses from actions by malicious insiders, especially those employees that are about to leave. If a company lacks necessary data protection and user behavior control tools, such employees can cause major damage to its information assets. This is a digest of data leaks by malicious employees that are about to leave, prepared by InfoWatch Analytical Center.
SEC fines Yahoo 35M dollars over data breach disclosure failure
Yahoo — or rather, the shell company holding on to its remnants — will have to pay a $35 million fine for failing to disclose a 2014 data breach in which hackers stole info on over 500 million accounts, The Verge reports.
