A Chicago-based fertility center has reported that a hacking incident detected in February 2021 has affected the protected health information of nearly 80,000 individuals. The breach is among the latest major security incidents involving fertility healthcare providers.
A California man has pleaded guilty to his role in a scheme to commit a $50 million wire and securities fraud that involved the creation of fake websites to solicit funds from investors, the Department of Justice announced Wednesday.
A senior executive at a Russian cybersecurity services firm has been denied bail after being extradited from Switzerland to the U.S. to face charges that he participated in a hacking scheme that stole pre-public earnings information for publicly traded companies to make $82.5 million via insider trading.
Arbix Finance, a yield-farming protocol that runs on Binance Smart Chain, has reportedly siphoned user funds in what blockchain security firm CertiK labeled a "rug pull." This follows a Library of Congress report indicating that the number of nations banning cryptocurrency has doubled since 2018.
A proposed class action lawsuit has been filed against a practice management and electronic health records vendor in the wake of a 2021 cyberattack affecting nearly 320,000 individuals. Among other demands, the lawsuit seeks a long list of security improvements by the company.
Ten U.S. senators this week wrote to the secretaries of both the Department of Homeland Security and the Department of Transportation inquiring about specific measures they plan to pursue to prevent and respond to cyberattacks on the nation's critical infrastructure.
New York State Attorney General Leticia James detailed a credential stuffing investigation that showed the compromise of 1.1 million user accounts linked to "well-known" retail operations. The 17 companies involved reportedly agreed to put new measures in place to mitigate cyber risks.
The U.S. Federal Trade Commission, the nation's top consumer protection agency, issued notice that it "intends to use its full legal authority to pursue companies" failing to mitigate against Apache's Log4j vulnerabilities – or similar vulnerabilities in the future.
A healthcare technology vendor is notifying dozens of its healthcare provider clients of an email security breach affecting their patients' protected health information. Experts say the incident serves as the latest reminder of the risks business associates pose to sensitive healthcare data.
Morgan Stanley agreed to a $60 million settlement to resolve a class action lawsuit claiming the banking giant violated security compliance laws and provided negligent oversight when a third party did not properly decommission legacy IT systems in 2016 and 2019.
A Florida public hospital system has kicked off the New Year of breaches by reporting to regulators a hacking incident detected in October that involved data exfiltration affecting the personal information of more than 1.3 million patients and employees.
The U.S. government has taken notable moves to enforce cybersecurity regulation and propose legislation, says Andy Watkin-Child, founding partner of the Augusta Group. To help prepare for these shifts, he advises organizations to improve their "understanding in global regulation in cyber."
Buckle up. The healthcare industry and consumers are heading into the New Year with indications of significant changes to the regulation and enforcement of health information privacy and security by the Department of Health and Human Services. What's in store?
To crack down on the criminal use of cryptocurrency, including for ransomware, authorities are increasingly targeting "cryptocurrency businesses that do not have the compliance controls in place necessary to mitigate the risks of illicit activity," says Ari Redbord of TRM Labs.
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