October 28, 2024 at 04:55PM JPMorgan Chase is suing individuals linked to a viral ATM fraud scheme exploiting a check deposit glitch. Four federal lawsuits have been filed across Texas, Florida, and California, seeking recovery of stolen funds, which total significant amounts from multiple defendants. The bank aims to hold fraudsters accountable. ### Meeting Takeaways … Read more
October 28, 2024 at 10:20AM Delta Air Lines is suing CrowdStrike for approximately $500 million in lost revenue due to a severe IT outage in July that led to 7,000 canceled flights affecting over a million customers. CrowdStrike argues Delta’s claims stem from misinformation and inadequate IT infrastructure, while the airline navigates a federal investigation. … Read more
October 28, 2024 at 04:50AM Delta Air Lines is suing CrowdStrike, alleging that the cybersecurity firm compromised standards, resulting in a global technology outage that caused thousands of flight cancellations in July. **Meeting Notes Takeaways:** 1. **Delta Air Lines Legal Action**: Delta Air Lines has initiated a lawsuit against CrowdStrike. 2. **Reason for the Lawsuit**: … Read more
August 8, 2024 at 06:38PM Delta accuses CrowdStrike of attempting to shift the blame for an IT meltdown caused by faulty software, impacting over 8 million computers. Delta’s attorney states the IT fiasco cost the airline over $500 million and suggests a lawsuit is likely. CrowdStrike’s response and support offer were deemed untimely and inadequate … Read more
August 5, 2024 at 08:41AM CrowdStrike rejects Delta’s claims of gross negligence leading to IT outage. They reiterate their apology, offer support, and criticize Delta’s litigation threat. Delta also considers litigation against Microsoft. Majority of CrowdStrike customers recovered, but lingering issues persist. CrowdStrike faces declining share price and a lawsuit over update rollout. They assert … Read more
July 15, 2024 at 05:44PM Kaspersky will close its US operations and lay off fewer than 50 employees due to President Biden’s ban on the Russian business. The ban prohibits sales and updates in the US starting July 20 and will affect national security. The company, operating in the US for nearly 20 years, acknowledged … Read more
June 12, 2024 at 09:19PM Life360, the company behind Tile Bluetooth tracking devices and apps, reported a “criminal extortion attempt” after unauthorized access to customer data. The breach accessed names, addresses, emails, and phone numbers, but not more sensitive info. The CEO’s statement did not reveal ransom amount or whether paid. Law enforcement has been … Read more
December 29, 2023 at 03:26PM Two New York hospitals, Carthage Area Hospital and Claxton-Hepburn Medical Center, are seeking a court order to retrieve data stolen in a ransomware attack last August. The stolen data, stored on a Boston cloud storage company’s servers, includes sensitive patient information. The hospitals have taken legal action to recover the … Read more