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Credit Union Issues Belated MOVEit Data Breach Notification

Data Breach Today

Texas Credit Union Only Just Notifying 500,000 Members About May 2023 Data Theft Fifteen months after a massive supply-chain attack hit users of MOVEit secure file-transfer software, Texas Dow Employees Credit Union has issued a data breach notification pertaining to 500,474 victims, saying it only discovered last month their personally identifiable (..)

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Marriott Pays $52M to Settle US States Data Breach Litigation

Data Breach Today

Hotel Chain Also Settles with Federal Trade Commission The world's largest hotel chain agreed Wednesday to pay $52 million and agree to two decades of third-party monitoring of its cybersecurity program to settle a rash of data breaches affecting millions of guests. The multi-million payout is part of a settlement reached with 50 U.S.

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Study: Average Cost of a Data Breach Rises to $4.9 Million

Data Breach Today

Involving Law Enforcement After Ransomware Attacks Drives Down Costs, Study Finds Data breaches continue to grow more costly, with the average cost of a breach hitting an all-time high of $4.9

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Fintech Giant Finastra Investigating Data Breach

Krebs on Security

Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of the security incident after a cybercriminal began selling more than 400 gigabytes of data purportedly stolen from the company.

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Ransomware Prevention and Recovery

Learn how to protect your business data from the most disruptive malware currently in existence. This whitepaper will help you avoid becoming the victim of a data breach and ensure business continuity. It discusses defense best practices and protection solutions to help you keep your data safe.

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Australian Telecom Watchdog Sues Optus Over 2022 Data Breach

Data Breach Today

Telecom Company Also Faces OAIC Investigation and Potentially Millions in Fines The Australian Communications and Media Authority says it has filed proceedings against Optus in a federal court as the company failed to protect sensitive customer data during a data breach in September 2022.

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Western Sydney University Reveals Major Data Breach

Data Breach Today

Hackers Accessed the University’s Storage Platform for Over 9 Months Australia's Western Sydney University said hackers exploited its Microsoft Office 365 environment to steal up to 580 terabytes of data.

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Recovering from a Cyber Attack

Speaker: Mike Cramer, Director of HIPAA & Data Security at The Word & Brown Companies

If your organization stores data and is connected to the Internet, it is not a matter of “if” a cyber-security incident will happen, but “when.” IBM reported that the total damage from data breaches in 2021 was 4.24M USD (up from 3.86M USD in 2020), easily the highest aggregated amount on record.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. Software is complex, which makes threats to the software supply chain more real every day. In the U.S. alone, cyber losses totaled $10.3 billion in 2022.

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How to Effectively Equip Your IG Program for the Perilous Journey Into the Future

Speaker: Andrew Ysasi, Vice President of Advocacy for Vital Records Control, President of IG GURU®, MS, FIP, FIIM, CIPM, CIGO, CISM, PMP, CRM, IGP, CIP, CSAP

An information governance framework shows how an organization manages specific data, like personal information, as well as how this information is stored. Over the past couple of years, these frameworks have proven to be ineffective and in need of updating.