Cybersecurity

Merck settles with insurers who denied $700 million NotPetya claim

Pharmaceutical giant Merck has reportedly reached a settlement with insurers over their refusals to cover losses stemming from the NotPetya cyberattack in 2017. The undisclosed settlement, first reported by Bloomberg Law, is the culmination of a years-long court battle that has attracted attention from the cybersecurity and insurance industries because of its implications for defining […]

Cybersecurity

Mimecast acquires human risk management specialist Elevate Security

Dive Brief: Mimecast, a specialist in email and collaborative workspace security, reached an agreement to buy Elevate Security, a human risk management solutions provider.  Mimecast said the deal will help protect digital work environments by providing additional insight into human behavior. The company did not disclose the financial terms of the deal. The companies have […]

Cybersecurity

DOJ Slams XCast with $10 Million Fine Over Massive Illegal Robocall Operation

Jan 03, 2024NewsroomVoIP Service / Regulatory Compliance The U.S. Department of Justice (DoJ) on Tuesday said it reached a settlement with VoIP service provider XCast over allegations that it facilitated illegal telemarketing campaigns since at least January 2018, in contravention of the Telemarketing Sales Rule (TSR). In addition to prohibiting the company from violating the […]

Cybersecurity

Google to settle class action lawsuit alleging Incognito mode does not protect user privacy

A nearly four-year-long battle between Google and consumers in a class action lawsuit reached a preliminary settlement Tuesday over allegations that Google deceives users about their privacy when browsing in the tech giant’s so-called Incognito mode. Google and the plaintiffs are planning for a “final and definitive settlement,” according to a joint update filed with […]

Cybersecurity

Cyber risk strategies in hot seat as SEC rules go live

The Securities and Exchange Commission has officially reached the implementation dates for its historic cyber incident reporting requirements. The rules, which require companies to report material cyber incidents within four business days of determination, are leading to significant changes in how companies prepare for and implement cyber risk strategies at the highest levels of publicly […]

Cybersecurity

Disney+ Cyber Scheme Exposes New Impersonation Attack Tactics

Brand impersonation in cyber-attacks has reached new levels of sophistication, a recent research article by Abnormal Security has highlighted.  Traditionally observed in financial institutions and social media sites, threat actors are now employing multi-stage attacks with a high degree of personalization. A study published by Abnormal CISO, Mike Britton, revealed a case where attackers impersonated the […]