The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards Rule, requiring non-banking financial institutions like mortgage brokers, motor vehicle dealers and payday lenders to report data security breaches affecting...
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by a bridge exploit, CoinDesk reported Friday (Aug. 18), citing information from blockchain security firm De.Fi. The hacker utilized...
Businesses contemplating the transition to a remote workforce should prepare for possible increased fraud-related headaches. As reported recently by the Wall Street Journal, U.S. workers have voiced a clear preference for remote employment, as commercial office vacancy rates remain as much as 60% higher than they were pre-pandemic. Drivers for...
Cryptopia, a digital currency exchange based out of New Zealand, has experienced what has been described by the company as a “security breach,” Coindesk reported. On Twitter, the company said that it had “suffered a security breach which resulted in significant losses” and called the...
March 06, 2024
In response to a cybersecurity breach that has disrupted the U.S. healthcare system, the federal government has taken action to support hospitals and healthcare providers impacted by a hack at UnitedHealth Group’s technology unit, Change Healthcare. The attack, orchestrated by the Blackcat ransomware group and disclosed on Feb. 21, has compromised electronic pharmacy refills and […]
October 27, 2023
The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards Rule, requiring non-banking financial institutions...
August 18, 2023
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by...
January 16, 2019
Cryptopia, a digital currency exchange based out of New Zealand, has experienced what has been described by the company as a “security breach,” Coindesk reported. On Twitter, the company said...
