Meta Hit With $102 Million Privacy Fine From European Union Over 2019 Password Security Lapse

September 27, 2024 at 10:21AM Meta was fined over $100 million by the EU privacy regulator for a security breach involving Facebook users’ passwords. The Irish Data Protection Commission investigated after Meta notified them of the breach, where some passwords were stored in plain text. This is the latest in a series of hefty fines … Read more

EquiLend back in the saddle as ransom payment rumors swirl

February 6, 2024 at 10:58AM Global securities finance tech company EquiLend recently recovered from a ransomware attack, disrupting its systems for nearly two weeks. Known for its Next Generation Trading platform, EquiLend transacts $113.5 billion daily between 120+ companies across 40 markets. EquiLend restored client services but hasn’t commented on ransom payment. Data safety is … Read more

Former infosec COO pleads guilty to attacking hospitals to drum up business

November 20, 2023 at 12:23PM The former COO of an Atlanta tech company has pleaded guilty to launching online attacks on two hospitals in 2018. Vikas Singla admitted to rendering the phone system of Gwinnett Medical Center inoperable and stealing patient data. He also publicized the attacks on Twitter and cited them in sales pitches. … Read more