MA Data Breaches Hit Record Level in 2013. Click here for more information.
New Data Breach Class Action has Two Million Potential Plaintiffs
Cyber breaches resulting in the release of personal identifiable information (PII) are increasingly common and now we are starting to see class action lawsuits filed as a result. In what will likely be the beginning of a wave of lawsuits filed as a result of cyber breaches, Schnucks Markets, operator of 100 supermarkets across the Midwest, recently removed a class action lawsuit filed against it to federal court stemming from a data breach that occurred in March in which 2.4 million credit card numbers were stolen.
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Court Finds Crime Insurance Covers Data Losses
A data breach resulting in the theft and use of customer credit card numbers results in significant expenses and penalties for the victim company. Many companies still do not have specific cyber liability coverage and thus can be on the hook for all expenses related to such a breach. The Sixth Circuit Court of Appeals
FTC Spanks Social Network Path 800k for Privacy Violations – Issues Staff Report on Mobile Privacy Disclosures
Today the FTC announced a $800,000 settlement with Path, a social media network to settle allegations that it violated its own privacy policy and also illegally collected information on children under 13 in violation ofCOPPA(Children’s Online Privacy Protection Act).
According to the complaint Path represented that personal information from the user’s mobile
Protecting the Individual from Data Breach
Major databreaches make the news. TJ Maxx, Barnes & Noble, and Sony all had high profile breaches. In such large scale breaches, there is a flaw that is easily exploited on a grand scale. The individual hack is rarely reported and easily overlooked.
This past summer, a writer for Wired.com, found his online life turned
Disclosure of Cybersecurity Risks and Cybersecurity Insurance Coverage
A data breach occurs and personal information about your customers is compromised. It can happen to any size business, big or small, and the costs to your business can be significant. Every company stores private information including credit card numbers and social security numbers that are vulnerable to a deliberate cyber incident such as unauthorized