Obtained summary judgments for
companies on breach of contract, misappropriation of trade secrets, tortious interference, premises liability, fraud, and unjust enrichment claims.
The court next considered the Owner's challenge to the jury verdict in favor of the Auction
Company on the breach of fiduciary duty claims.
Not exact matches
With high - profile
breaches rocking
companies like Under Armour and Boeing, the cybersecurity business is not slowing down anytime soon, CNBC's Jim Cramer said
on Friday.
Recognizing that
breaches can and do happen,
companies should focus
on protecting the
company's «crown jewels» — assets deemed most valuable, said experts.
But
on Wednesday, the
company provided new details of the 2014 attack, and once again pointed to «the same state - sponsored actor» who committed the 2014
breach.
WASHINGTON, Nov 8 - Former Yahoo Chief Executive Marissa Mayer apologized
on Wednesday for two massive data
breaches at the internet
company, blaming Russian agents for at least one of them, at a hearing
on the growing number of cyber attacks
on major U.S.
companies.
WASHINGTON, Nov 8 - Former Yahoo Chief Executive Marissa Mayer apologized
on Wednesday for a pair of massive data
breaches at the internet
company, blaming Russian agents, at a hearing
on the growing number of cyber attacks involving major U.S.
companies.
WASHINGTON, Nov 8 (Reuters)- Former Yahoo Chief Executive Marissa Mayer apologized
on Wednesday for a pair of massive data
breaches at the internet
company, blaming Russian agents, at a hearing
on the growing number of cyber attacks involving major U.S.
companies.
Quest Diagnostics, a New Jersey - based medical laboratory
company, disclosed a data
breach affecting about 34,000 people
on Monday.
Three senior executives including the
company's chief financial officer sold $ 1.8 million in shares three days after the
company learned
on July 29 hackers had
breached personal data for up to 143 million Americans.
Equifax said in a regulatory filing that it might claw back some of Smith's compensation for this year, depending
on results of the board's investigation into the
breach, which the
company has said occurred between mid-May and July.
WASHINGTON, Nov 8 (Reuters)- Former Yahoo Chief Executive Marissa Mayer apologized
on Wednesday for two massive data
breaches at the internet
company, blaming Russian agents for at least one of them, at a hearing
on the growing number of cyber attacks
on major U.S.
companies.
Hudson's Bay
Company, which owns both retail chains, released a statement Sunday about the data
breach, noting that it does not impact shoppers who bought items
on digital platforms.
As more and more businesses worry about data protection,
breaches and security (while cybercrime and DDOS attacks
on the rise), it's no wonder all businesses are flocking to the protective arms of IT support
companies.
The trend now is looking behind a traditional firewall around a
company, and going
on the offense so they can stop
breaches before they happen or while they're in process.
The EC announced the investigation
on Monday, saying it is concerned that IKEA may have been given «an unfair advantage over other
companies, in
breach of EU State aid rules.»
«We're looking into some unusual activity that might indicate a possible payment data
breach and we're working with our banking partners and law enforcement to investigate,» the
company said
on its corporate website.
And herein lies the ethical question, posed to me by a director today: «When does hanging
on or digging in
breach a fiduciary duty by the director to act in the
company's best interest, rather than the director's?»
Anthem, the second largest health insurance
company in the U.S., announced a massive data
breach on Feb. 5.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the
Company's control, including natural and other disasters or climate change affecting the operations of the
Company or its customers and suppliers; (2) the
Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security
breaches and other disruptions to the
Company's information technology infrastructure; (10) financial market risks that may affect the
Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the
Company's Annual Report
on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports
on Form 10 - Q (the «Reports»).
«Anthem's own associates» personal information — including my own — was accessed during this security
breach,» wrote Joseph Swedish, president and CEO of Anthem,
on a Web site—www.anthemfacts.com — the
company set up amid the attack's disclosure.
About 60 percent of large
companies across the U.S., Canada, Great Britain, and Australia have increased their spending
on cybersecurity since last year's Target
breach, Reuters reports.
In September, Deloitte, one of the world's largest accounting firms, reported that hackers
breached the
company's email, accessing sensitive information
on 350 clients, including the U.S. government, banks, and other corporations.
The results suggest that
breaches would take an extreme financial toll
on smaller
companies as well.
Equifax CEO Richard Smith previously apologized
on Thursday for the data
breach and said, «This is clearly a disappointing event for our
company, and one that strikes at the heart of who we are and what we do.»
The Wall Street Journal also reported that prior to Equifax's data
breach disclosure
on Thursday, a congressional panel was debating a proposed bill that would lower the fines credit - monitoring
companies receive when they issue flawed credit reports for their customers.
said Friday that his committee intends to hold a hearing
on the historic data
breach, which cybersecurity experts said dwarf other high - profile security incidents affecting
companies like Yahoo (yhoo) and Sony Pictures Entertainment.
«Obviously I am incredibly angry about this data
breach and we will institute a thorough review of our relationship with Experian,» T - Mobile Chief Executive John Legere said in a note to customers posted
on the
company's website.
Equifax, the embattled credit scoring
company that is still reeling from last fall's massive data
breach that exposed information
on more than...
The interview was one of several that Sandberg gave
on Thursday explaining how the Cambridge Analytica
breach took place and taking responsibility for the
company's handling of users» data, which the
company has said were «improperly shared.»
Mulligan, the interim CEO, has served as the
company's chief spokesman
on the data
breach, holding up well under scrutiny during Congressional hearings.
At the same time, regulators
on the mainland told banks to stop extending financial support to
companies breaching the government's capacity reduction plans, Reuters reported.
Sen. Amy Klobuchar (D-MN) brought up specific potential rules and regulations — the Honest Ads Act, which she and other lawmakers put forth in October to institute new rules
on political ads, and the idea of requiring
companies to inform users of a data
breach within 72 hours, which is in a European law that is about to be instituted.
At the same time, there are fresh concerns about the security of bitcoin and other virtual currencies after NiceHash, a
company that mines bitcoins
on behalf of customers, said it is investigating a
breach that may have resulted in the theft of about $ 70 million worth of bitcoin.
That was the basis the entire
company was built
on,» Christopher Wylie, the former Cambridge Analytica employee who went public about the data
breach, told the Observer.
One lawsuit filed yesterday in Northern California
on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the
company's senior management «
breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».
Pressed
on why he didn't inform users, in 2015, when Facebook says it found out about this policy
breach, Zuckerberg avoided a direct answer — instead fixing
on what the
company did (asked Cambridge Analytica and the developer whose app was used to suck out data to delete the data)-- rather than explaining the thinking behind the thing it did not do (tell affected Facebook users their personal information had been misappropriated).
In a blog post addressing the
breach, Khosrowshahi laid out plans for how the
company will address the fallout of the incident, including bringing
on a former NSA general counsel to provide guidance to Uber's security teams, and notifying drivers whose license numbers were included in the
breach.
SAN FRANCISCO Uber
on Thursday plans to announce changes to how it rewards cyber researchers who report flaws in its software, a
company executive told Reuters, as part of the ride - hailing firm's response to concerns raised about the way it handled a data
breach in 2016.
When interviewing potential partners, be sure to ask for specifics
on the
company's security processes, as well as
on their protocol for dealing with
breaches.
WASHINGTON / SAN FRANCISCO U.S. regulators fined Altaba Inc, the
company formerly known as Yahoo! Inc, $ 35 million
on Tuesday to settle charges that kept its massive 2014 cyber security
breach a secret from investors for more than two years.
More facts came to light
on Monday, when pressured by local media, the
company revealed that the
breach occurred after an unknown attacker hacked the personal computer of a Bithumb employee, from where he stole the details of over 31,800 Bithumb users — about 3 % of the platform's entire userbase.
On its road to success, TCS has set another milestone by becoming the first Indian
company to
breach the market cap of $ 100 Billion.
Additionally, different personnel may need to be
on a team depending
on the significance of the
breach (whether it is at a mid-size or
company - threatening level), type of
breach (whether computer incursion or insider employee theft) or type of the information at issue in the
breach (whether the
breach involves social security numbers, credit or debit card numbers, personal health information or trade secrets).
While the misuse and exploitation of information people share with
companies does not constitute the type of «
breach» or theft discussed in the previous chapter
on security (because the information was not technically stolen), the potential for harm to individuals and to vulnerable categories of people is nonetheless very real.
April 14 Proxy adviser Institutional Shareholder Services
on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served
on the
company's audit and technology committees prior to a 2017 data
breach.
Proxy adviser Institutional Shareholder Services
on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served
on the
company's audit and technology committees prior to a 2017 data
breach.
Companies still get to collect data
on their customers, but it's anonymized information, giving customers greater confidence that their personal data won't be exposed in a security
breach.
The
breach allowed the
company to exploit the private social media activity of a huge swath of the American electorate, developing techniques that underpinned its work
on President Trump's campaign in 2016.
In doing so, he called
on Congress to pass a new law that would require
companies to improve their security practices and disclose
breaches — something that lawmakers, even in the face of major cyber attacks, have long failed to do.