AT&T has agreed to a $177 million settlement in response to two significant data breaches that compromised the personal information of customers, as reported by CNET. The settlement will provide compensation to both current and former customers affected by at least one of the breaches. Notably, individuals who can substantiate…
Rising Threat of Data Breaches: Protecting Your Business and Personal Information In recent months, numerous companies have reported data breaches that have compromised sensitive customer information, highlighting a growing concern among businesses across various sectors. Cybercriminals exploit malware and security vulnerabilities to access this information, often reselling it on the…
The AT&T data breach in 2024 was among the most significant cybersecurity events of the year. AT&T/CNET In 2019 and again in 2024, AT&T faced substantial data breaches, impacting the personal details of its customers. To address these issues, the company is preparing to offer a significant settlement, open to…
In recent years, corporate accountability has come into sharper focus, particularly as more businesses face scrutiny over questionable practices. Although some dismiss the proliferation of class action lawsuits as mere attempts to profit without justification, many view these legal actions as vital steps toward rectifying corporate misconduct and securing compensation…
Missouri Strengthens Cybersecurity Regulations for Insurance Entities In response to rising cybersecurity threats, Missouri has enacted new legislation aimed at enhancing data security protocols for insurance companies and related licensed entities. On July 2, Governor Mike Parson signed into law House Bill 974, known as “The Insurance Data Security Act.”…
Data Breaches at the Ministry of Defence Raise Significant Security Concerns Recent revelations have unveiled hundreds of data breaches at the UK’s Ministry of Defence (MoD), intensifying scrutiny over its capability to safeguard sensitive information against cyber threats. In 2023-24 alone, the MoD reported 569 incidents, an increase from 550…
With the Surge in Scams and Data Breaches, Is Cyber Liability Insurance Essential? As the digital landscape evolves, so too does the threat of cybercrime, making headlines with alarming frequency. Recent reports indicate that businesses across various sectors are becoming increasingly vulnerable to cyber incidents. These breaches not only compromise…
S&P 500’s Embrace of AI Raises Cybersecurity Concerns: New Research Insights Recent research has unveiled worrying implications regarding the integration of artificial intelligence (AI) within S&P 500 companies, highlighting an increased risk of data breaches. The findings, reported by Cybernews, suggest that as more organizations adopt AI technologies, their vulnerabilities…
Black Yak and Korea TOPIK Penalized Due to Data Breach Incidents In a significant turn of events, Black Yak, a prominent outdoor apparel brand, along with Korea TOPIK, has been fined due to recent data breach incidents affecting their respective platforms. These breaches have raised alarms about the security measures…
