Facebook to Pay $550M to Settle Class Action Case Over Facial Recognition

Facebook has agreed to pay $550 million to Illinois users to settle a class action lawsuit filed over the use of its face-tagging technology to collect facial-recognition data on its social media platform. The company unveiled the settlement on a quarterly financial call Wednesday, in which it...

This Week in Security News: The First Patch Tuesday Update of 2020 and Pwn2Own Vancouver Announced

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 a major crypto-spoofing bug impacting Windows 10 that has been fixed as part of Microsoft’s January Patch Tuesday update. Also,...

Equifax Settles Class-Action Breach Lawsuit for $380.5M

A Georgia court granted final approval for an Equifax settlement in a class-action lawsuit, after the credit-reporting agency was hit by its massive 2017 data breach. Equifax will pay $380.5 million to settle lawsuits regarding the 2017 data breach, the Atlanta federal judge reportedly ruled this...

A week in security (September 9 – 15)

Last week on the Labs blog, we looked at free VPN offerings, how malware can hinder vital emergency services, and explored how the Heartbleed vulnerability is still causing problems. We also talked about a large FTC settlement involving Google, and how to keep an eye out for leaky AWS buckets...

YouTube ordered to cough up $170M settlement over COPPA infraction

Last week, the Federal Trade Commission FTC announced that it has required Google and YouTube to pay a settlement fee totaling $170 million after its video-sharing platform was found violating the Children’s Online Privacy Protection Act COPPA. The complaint was filed by the FTC and the New York...

Don't Get Screwed Out of Your Equifax Settlement Money

If you signed up for $125 payout in the Equifax settlement, you just hit another hurdle. But this isn't over...

Google Fined $170 Million For Violating Kids' Privacy On YouTube

Google has finally agreed to pay $170 million fine to settle allegations by the Federal Trade Commission and the New York attorney general that its YouTube service earned millions by illegally harvesting personal information from children without their parents' consent. The settlement requires...

Google Fined $170 Million For Violating Kids' Privacy On YouTube

Google has finally agreed to pay $170 million fine to settle allegations by the Federal Trade Commission and the New York attorney general that its YouTube service earned millions by illegally harvesting personal information from children without their parents' consent. The settlement requires...

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...