Morgan Stanley Faces Data Breach Lawsuit
Morgan Stanley Smith Barney, a multinational investment bank and financial services giant, is being sued by former and current clients for allegedly failing to make sure account numbers, social security details, and other personal information…
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COVID-19’s Effect on the Data Breach Terrain
The coronavirus pandemic is compelling businesses across all industries to incorporate new and improved cybersecurity measures into their daily activities. A three-month examination from Teiss, a cybersecurity hub, reports that new threats are emerging faster…
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FBI Probes COVID-19 Patient Data Breach
The Federal Bureau of Investigation is surveilling a recent data breach that seized the vital information of coronavirus-positive South Dakota residents. The data breach occurred in June of 2020, and surfaced when a third-party vendor unearthed…
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Fast Data Breach Response Time Can Salvage Your Company
It is commonly understood that data breaches are emerging at a more rapid pace due to the high volume of people working from home and shopping online. Therefore, your company’s response time towards a cyber-breach can be…
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Marriot International Faces Class Action Lawsuit Over Data Breach
Millions of customers have just slammed the hotel giant Marriot International with a serious class-action lawsuit, demanding significant compensation after their sensitive information was stolen, in one of the world’s most significant data breaches ever….
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5 Cybersecurity Tactics for Plan Sponsors
Though cybersecurity strategies tend to evolve year to year, there are some basic tactics plan sponsors can utilize to safeguard their plan participant’s personal information. Research indicates that roughly 62% of small and midsize businesses…
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Lawsuit Alleges Plan Sponsor Need to Plan Better for Cyber-attacks
Since the dawn of the COVID-19 shutdown that has caused more businesses to a remote environment, cyber-hackers have had ample opportunity to steal plan participant credentials and personal information. The lawsuit, Bartnett v. Abbot Laboratories et al., No….
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What Is a Data Breach and How Can I Effectively Handle One?
According to the cybersecurity hub Norton, a data breach is a “security incident whereby information is accessed without authorization.” It’s crucial to highlight that not all data breaches are deliberate! There have been cases where…
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What is the Cost of a Data Breach?
Like any other variety of pervasive thievery, data breaches emerge with a ponderous cost. Data thieves utilize evolving criminal techniques to carefully slip past sub-par security measures and expeditiously dine on a company’s finest sensitive…
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