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Neiman Marcus Data Breach Results in Class Action Suit Settlement - March, 2017 A class-action lawsuiit was filed in March, 2014, against Neiman Marcus based upon the December, 2013, cyber attack. The intrusion led to a data breach affecting approximately 350,000 customers’ credit card information. Also included in the settlement were Bergdorf Goodman, Cusp, and Last Call customers, who, along with Neiman Marcus patrons, have the burden of showing proof of adverse financial information effects related to the attack, qualifying them for the up to $100 payments. Don’t let this happen to your enterprise....call us today for more information on PCI DSS compliance monitoring and our MSSP Cyber Security services.
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Yahoo CEO and General Counsel Pay for Their Security Naivete - March, 2017 The Yahoo! 2014 data breach leading to exposure of email addresses and personally idenfiable information of approximately 500 million users, eventually led to disruption of the planned merger with Verizon. A second attack in December of 2016 was announced involving an intrusion that included the theft and disclosure of another 500 million users’ information. Although the U.S. Dept. of Justice indicted two Russian hackers as the culprits, Yahoo users were dismayed regarding the events, and 23 of them have filed lawsuits recently consolidated in San Jose, California, federal court. In January, 2017, a derivative lawsuit was filed in Delaware against Marissa Mayer, Yahoo! CEO, and other members of the C-suite. The complaint allegedly accuses the Yahoo! executives of breaching their fiduciary duty to shareholders by withholding information about the security breaches. Some states have enacted strict laws regarding data breach disclosure by corporations, deeming the withholding of that information worthy of hundreds of thousands of dollars in civil penalties for each instance. As a result of their security naivete, Yahoo!’s general counsel resigned without severance pay and Ms. Mayer sacrificed her annual bonus and customary stock awards. The price for burying one’s head in the sand can be high, not only for the companies involved, but those at the helm as well. Contact us today to find out more about how PCC-IT International’s can preserve the integrity of your company’s systems, data, and defenses.
Cyber Attack Update - United Kingdom - February, 2017 During the past 6 months, the National Cyber Security Centre (NCSC) blocked 34,550 potential attacks on UK government departments and members of the public, i.e., approximately 200 events per day. According to The Guardian, 188 were high-level attacks during the past 3 months, many of which threatened national security. Russia and China were thought to be among the most likely intruders, as during the past 2 years, political institutions, political parties, and parliamentary organizations have been increasingly targeted. Clarion Marting, head of NCSC told the Sunday Times, “In the case of governments, the objective of getting into the system to extract information on UK government policy on anything from energy to diplomacy to information on a particular sector (is among the risks).”
Eddie Bauer Hit By Class-Action Suit Filed by Financial Institutions Affected by Their Recent Data Breach - March, 2017 During January through July, 2016, Eddie Bauer endured a cyber attack leading to substantial breach of it’s customers’ credit card information.  A class-action lawsuit has been filed by Veridian Credit Union, claiming negligence, declaratory judgment, and other claims, representing itself as well as other affected financial entities. They alleged that Eddie Bauer failed to implement industry standards and best practices, did not keep their security systems updated, and following the data breach, withheld notification to customers for more than 6 weeks. While antivirus programs are a necessary part of cyber defense, most cyber attacks rapidly subvert this protection, and proceed to cause sometimes irreversible damage.  The message for Retail organizations:  If you have not deployed trained, certified personnel performing 24 hour, 7 day a week, year-round monitoring, you are vulnerable to potentially costly intrusions, business disruption, and data theft.  CALL US TODAY TOLL-FREE AT 844-PCC-IT-INT (722-4846) to discuss your PCI DSS compliance, Cyber Security issues, and our state-of-the-art Managed Security Services Provider (MSSP) defense packages, each custom-designed to your orgnaization’s specific requirements.
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Healthcare Cyber Attacks Becoming Increasingly Frequent Occurrences - April, 2017 According to the Office for Civil Rights (OCR), more than 50 major breaches affecting approximately 425,000 individuals have been reported through mid March of this year. The Healthcare Industry accounted for more than 40 percent of data breaches over the last 3 years, and 91% of healthcare organizations have reported a breach over the last 2 years, according to OCR. In 2016, OCR noted more than 300 data breache reports, each affecting more than 500 individuals. The incidents included Valley Anesthesiology, who reported unauthorized access in August, 2016, with potential intruder access to 882,590 patient records; Newkirk Products, an issuer of healthcare ID cards for insurance plans, reported that their August, 2016 intrusion potentially put 3.4 million members at informational risk; Banner Health reported a cyber attack midyear, potentially exposing 3.6 million patients, members, beneficiaries, providers, other retail customers’ credit card information.  The exposed patient information included names, addresses, clinical and health insurance information, as well as other personal data. While antivirus programs are a necessary part of cyber defense, most cyber attacks rapidly subvert this protection, and proceed to cause sometimes irreversible damage.  The message for Healthcare organizations:  If you have not deployed 24 hour, 7 day a week, year-round comliance and Cyber Security monitoring, you are vulnerable to potentially costly audit and compliance breaches, hacker intrusions, business disruption, and data theft.  CALL US TODAY, TOLL-FREE AT 844-PCC-IT-INT (722-4846) to discuss your HIPAA compliance, Cyber Security issues, and our state-of-the-art Managed Security Services Provider (MSSP) defense packages, each custom-designed to your orgnaization’s specific requirements.
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