What you — and your company — should know about cyber insurance

By Jon Munshaw and Joe Marshall. It’s no longer a question of “if” any given company or organization is going to be hit with a cyber attack — it’s when. And when that attack comes, who is willing to take on that risk? For some groups, it may be that they feel they are fully prepared to take on th...

For $8.6M, Cisco Settles Suit Over Bug-Riddled Video Surveillance Software

Cisco Systems has agreed to pay $8.6 million to settle a lawsuit that alleged it sold video security software with known security vulnerabilities to U.S. federal and state governments. The litigation, originally brought in 2011, was filed under the False Claims Act, claiming that the software...

Cisco 'Knowingly' Sold Hackable Video Surveillance System to U.S. Government

Cisco Systems has agreed to pay $8.6 million to settle a lawsuit that accused the company of knowingly selling video surveillance system containing severe security vulnerabilities to the U.S. federal and state government agencies. It's believed to be the first payout on a 'False Claims Act ' case...

Cisco 'Knowingly' Sold Hackable Video Surveillance System to U.S. Government

Cisco Systems has agreed to pay $8.6 million to settle a lawsuit that accused the company of knowingly selling video surveillance system containing severe security vulnerabilities to the U.S. federal and state government agencies. It's believed to be the first payout on a 'False Claims Act' case...

How to get your Equifax money and stay safe doing it

UPDATE August 2, 2019: The US Federal Trade Commission has warned consumers that, due to the high number of claims made for a cash payout regarding the Equifax data breach, the actual value that will be paid out might be "far less" than the originally-stated $125. You can read the FTC's full...

How to Get Your Equifax Settlement Money

A settlement with the FTC means Equifax will pay victims of its breach $125 or more. Make sure it pay ups...

This Week in Security News: Unpatched Systems and Lateral Phishing

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about an attack against Elasticsearch that delivers backdoors as its payload. Additionally, read how cybercriminals are turning to...

Equifax to Pay up to $700 Million in 2017 Data Breach Settlement

Equifax, one of the three largest credit-reporting firms in the United States, has to pay up to $700 million in fines to settle a series of state and federal investigations into the massive 2017 data breach that exposed the personal and financial data of nearly 150 million Americans—that's almost...

Equifax to Pay up to $700 Million in 2017 Data Breach Settlement

Equifax, one of the three largest credit-reporting firms in the United States, has to pay up to $700 million in fines to settle a series of state and federal investigations into the massive 2017 data breach that exposed the personal and financial data of nearly 150 million Americans—that's almost...

What You Should Know About the Equifax Data Breach Settlement

Big-three credit bureau Equifax has reportedly agreed to pay at least $650 million to settle lawsuits stemming from a 2017 breach that let intruders steal personal and financial data on roughly 148 million Americans. Here's a brief primer that attempts to break down what this settlement means for...

Equifax to Pay $700 Million in 2017 Data Breach Settlement

Equifax will pay as much as $700 million to settle federal and state investigations on the heels of its infamous 2017 breach, which exposed the data of almost 150 million customers. The consumer credit reporting agency on Monday said it will dish out $300 million to cover free credit monitoring...

Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

After months of negotiations, the United States Federal Trade Commission FTC has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal. The settlement will put an end to a wide-ranging probe that began more than a year ago and...

Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

After months of negotiations, the United States Federal Trade Commission FTC has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal. The settlement will put an end to a wide-ranging probe that began more than a year ago and...

Heather Mills Gets An Apology and 'Substantial' Settlement in Spyware Case

The 2010-2011 News of the World phone hacking scandal – in which it was revealed that the tabloid dropped malware on celebrity targets’ phones in order to gather dirt for news stories – is still playing out in court. The latest is a settlement for a “substantial” sum paid to Heather Mills and her...

D-Link Agrees to 10 Years of Security Audits to Settle FTC Charges

Taiwanese networking equipment manufacturer D-Link has agreed to implement a "comprehensive software security program" in order to settle a Federal Trade Commission FTC lawsuit alleging that the company didn't take adequate steps to protect its consumers from hackers. Your wireless router is the...

Dating App Jack'd Fined After Leaking Users' Nude Pics

LGBTQ dating app Jack’d must cough up a $240,000 fine and “make substantial changes to improve security” on the heels of a security faux pas that leaked the private data – including nude photos – of thousands of its users. Jack’d is a popular location-based app that caters to gay and bisexual men...

Chinese Hackers Behind 2015 Anthem Data Breach Indicted

Two Chinese nationals have been charged in the massive 2015 data breach of health insurer Anthem that impacted more than 78 million people. Fujie Wang, 32, and another Chinese man, who remains unnamed, were allegedly part of a China-based hacking group that was behind the breach of Indiana-based...

Facebook Could Be Fined Up To $5 Billion Over Privacy Violations

Facebook expects to face a massive fine of up to $5 billion from the Federal Trade Commission FTC as the result of an investigation into its privacy policies—that's about one month's revenue for the social media giant. To be clear the amount of fine is not what the FTC has announced or hinted yet...

Facebook Could Be Fined Up To $5 Billion Over Privacy Violations

Facebook expects to face a massive fine of up to $5 billion from the Federal Trade Commission FTC as the result of an investigation into its privacy policies—that's about one month's revenue for the social media giant. To be clear the amount of fine is not what the FTC has announced or hinted yet...

Yahoo Offers $117.5M Settlement in Data Breach Lawsuit

Yahoo is offering to cough up $117.5 million to settle a lawsuit regarding its massive data breaches that compromised the personal information of three billion users. The new $117.5 million settlement, filed Tuesday in the U.S. District Court in San Jose, comes after the internet company’s first...