The investment research firm’s first disclosed data breach took place between November 2021 and August 2022, and a notification on January 25 of this year indicated that 820,000 customers were impacted. That number has now been revised to 8.8 million.
Senior Correspondent at CPO Magazine
Scott Ikeda is a technology futurist and writer for more than 15 years. He travels extensively throughout Asia and writes about the impact of technology on the communities he visits. Over the last 5 years, Scott has grown increasingly focused on the future landscape of big data, surveillance, cybersecurity and the right to privacy.
Failure to strictly follow children's privacy laws on the Xbox Live gaming service is about to cost Microsoft a substantial amount of money, as the company has settled a FTC case with a $20 million fine for inappropriate collection and storage of personal data.
The annual Verizon DBIR provides further confirmation that attackers are showing a renewed interest in social engineering, particularly in conjunction with business email compromise (BEC) attacks. And the average financial damage of a ransomware attack has doubled and is almost certain to cost organizations at least $1 million to remediate.
Prior to its seizure in April 2022, RaidForums was one of the biggest hacking forums catering to cybercriminals that trade in stolen data. A new competitor is looking to make a name for itself by exposing some 478,000 former RaidForums members.
Supply chain security is in the news once again as a cyber attack on Zellis, a UK-based payroll provider, has led to the compromise of numerous organizations. Among the biggest names impacted by the attack are the BBC, British Airways and major UK drugstore chain Boots.
Amazon has settled a FTC privacy lawsuit involving repeated breaches of Ring video cameras by both employees and hackers. The order would require Amazon to pay $5.8 million in restitution and delete a great deal of the video it has collected over the past several years.
One of North America's largest Medicaid and CHIP dental care providers has suffered a massive data breach of highly sensitive patient information, thought to be perpetrated by the LockBit ransomware group.
Popular mini-game module found in over 100 Android apps, pitched to developers as a legitimate marketing SDK meant to improve user engagement and attention, has been found to have spyware capability hidden in it.
Fortune 500 companies continue to demonstrate extreme wariness of AI chatbots and similar AI tools in the workplace, as Apple has banned employees from using ChatGPT on work devices.
NHS trusts, which function as local health care facilities throughout England and Wales and provide over half of all National Health Service (NHS) services, have been passing sensitive patient information through Meta Pixel, according to an Observer investigative report.









