TIO Networks, a cloud-based, multi-channel bill payment platform purchased by Paypal for $233 million in 2017, was breached earlier this year, exposing PII (Personally Identifiable Information) for an estimated 1.6 million of the service's users. TIO Networks primarily does payment processing and accounts receivables for cable, utility, wireless and telecom companies in North America. If you do business with TIO, it's possible that your company or personal information may have been … Read more
Many Consumers Would Withdraw Business From Companies If Data Breached
You've probably heard the phrase "the customer is always right" a thousand times. It's a truism in the business world, except when it isn't. A recent survey released by Gemalto reveals a dismaying dichotomy that's costing businesses around the world big money. Only 27 percent of consumers surveyed feel that businesses do enough to protect customer data, and an overwhelming 70 percent of them say that they'd take their business elsewhere if a company suffered a data breach. Unfortunately, … Read more
Look And Feel May Change In Future Windows 10 Update
Microsoft is experimenting with a new feature that may change the look and feel of Windows 10 in some future update. The new approach is referred to as "Sets," which borrows from the playbook of modern web browsers and groups related applications into tabbed sets, with the groupings defined by project type. The applications you need to make use of on any given project will be grouped together, even if the last time you used a given app was several weeks prior. Essentially, this approach is … Read more
Fake Symantec Blog Post Is Spreading Mac Malware
Sometimes hackers opt for a stealthy approach. Other times, their attempts are downright brazen. That's definitely the case with a newly launched malware campaign that seeks to spread "Proton Mac," a strain of malware designed to steal passwords from Mac users. The hackers registered a domain very similar to Symantec's blog, mirrored its content and then created a fake post about a new version of CoinThief, which was moderately successful back in 2014. After going into a bit of faux … Read more
A Million Imgur Users Affected By Breach
Do you use the image hosting service, Imgur? If you do, there's a slight chance that you'll be prompted to change your password the next time you log on. That's because the company's servers were breached in 2014, and the hackers made off with 1.7 million usernames and passwords, which represents just a tiny fraction of the company's 150 million users. Although the breach happened a few years ago, the company only found out about it on Thanksgiving Day of this year. Their response was … Read more
Uber Paid To Hide Massive Data Breach From Public
It has recently come to light that the company was hacked in 2016 in a massive breach that exposed the personal information of more than 57 million Uber users and drivers. A wide range of data was stolen. Where users were concerned, names, email addresses, and phone numbers were compromised. As bad as that is, the problem was even worse for more than 600,000 of the company's drivers who had their driver's license numbers hacked, too. Standard protocol is that when a breach like this … Read more
Latest Store With Payment Breach Is Forever 21
Unfortunately, another high-profile data breach has surfaced. The latest company to fall victim is US-based fashion retailer Forever 21, operating more than 800 stores in 57 countries. The company became aware of the breach when they were notified of "unauthorized access to data from payment cards that were used at certain Forever 21 store locations." The investigation into the incident is ongoing, and we don't have full details yet, but here's what we know so far: • Although the … Read more
Apple Is On Track To Become A Trillion Dollar Company
Recently, Apple's stock closed at $175.88, giving it a market valuation slightly above $900 billion. A Drexel Hamilton analyst named Brian White predicts that over the course of the next twelve months, the company's stock could be trading as high as $235 per share, and at that price, Apple's market valuation would be over one trillion dollars, making it the only trillion-dollar company on the planet. "With a market cap of over $900 billion, we believe Apple is on its way to becoming a … Read more
Top Subject People Fall Victim To Is – Data Breach Notification
For hackers around the world, success breeds more success, it seems. A company called KnowBe4 has released a report entitled "Top Ten Global Phishing Email Subject Lines For Q3 2017." To prepare it, they analyzed email subject lines from simulated phishing tests to determine what the most effective approach was. Their findings were that "Official Data Breach Notification" was the hands-down winner, generating far more click-throughs than any other. Perry Carpenter, KnowBe4's Chief … Read more
After Yet Another Equifax Hack, IRS Suspends Contract Worth $7.5M
Equifax just can’t seem to get out of its own way. Not long ago, the company suffered a massive data breach which saw the sensitive information of more than 145 million consumers exposed. As a result, congressional hearings were convened, and the CEO resigned in disgrace. Amazingly, though, despite these events, the IRS opted to award the company a contract worth $7.5 million for its help and expertise in verifying taxpayer identification to prevent identity theft. The irony did not … Read more
