Data Breach

Consumers End Up Footing The Bill for Massive Data Breaches

2014 has been the year of the breach with more major data breaches than previous years, especially in retail and as the holiday shopping season approaches, more and more retailers are at risk. A massive data breach can be debilitating for a company but it has many far reaching effects too and can pass on Read More

Beth Israel

Boston Hospital Fined $100K for 2012 Data Breach

The Beth Israel Deaconess Medical Center (BIDMC) in Boston has been fined $100,000 over its 2012 data breach, which resulted from the theft of an unencrypted laptop. The fine was handed down by the Massachusetts Attorney General. The incident occurred in 2012 when a laptop containing sensitive patient data, including the names, Social Security numbers, Read More

Home Depot Customers Not Deterred by Data Breach

Despite its near-crippling data breach earlier this year, Home Depot has posted solid earnings growth today, indicating that customers have not been deterred from shopping there. The DIY store chain reported a 14 percent growth in earnings in the third quarter, putting concerns at ease for shareholders after September’s data breach that affected over 50 Read More

US State Dept Closes Email System After Suspected Hack Attack

The US State Department temporarily closed its entire unclassified email system on Friday, after suspicious activity was detected on the system, according to a report from AP. None of the classified systems were affected by the suspected hack, according to a senior department official speaking to the Associated Press on the condition of anonymity. “The Read More

hsbc

HSBC Turkey Will Not Reissue Cards Following Data Breach

This week HSBC Turkey was hacked and saw 2.7m customers’ credit information stolen but the bank is refusing to reissue the cards, saying that not enough data was stolen to qualify as fraud. HSBC released a statement earlier this week but says that the stolen data cannot be used to make fraudulent transactions. “Our cards Read More

neiman marcus

Neiman Marcus Hires Its First CISO

Following its data breach earlier this year where thousands of cards were compromised, Neiman Marcus has hired its first chief information security officer (CISO) to oversee security matters in the company. Sarah Hendrickson officially commenced her new role last week, having previously served as CISO at the Children’s Medical Center of Dallas and held security Read More

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