Shields Healthcare Group is a technologically advanced health service provider that works with independent and large medical providers. The company manages health data, offers online services, and works to help medical providers keep their information secure and organized. This large-scale provider recently experienced a data breach that left them in a dangerous situation that could put countless patients at risk.
Unfortunately, for LastPass and its users, this nightmare became a reality in August 2022 when a developer account was compromised. This led to a series of events that ultimately led to the exposure of sensitive customer data. A hacker exploited an employee to access the company’s data. But get this: the hacker exploited a three-year-old vulnerability that wasn’t patched. That’s like leaving your front door wide open for three years and being surprised when a burglar walks right in!
The Consumer Financial Protection Bureau (CFPB) is a government agency that's tasked with protecting consumers from financial institutions. The agency mostly works to prevent companies from charging outrageous fees and surcharges to customers, but it helps with monitoring how consumer data is being used by companies as well.
Texting has taken over the global communication space; marketers and predators are seeing huge dollar signs. Email continues to be a reliable, but somewhat fraught with problems, alternative form of communication. In fact, the average user interacts, sends, and receives 25% more texts than email, and usage is skyrocketing. Most electronic device users have loads more unopened emails than texts.
Harding, Shymanski, and Company is a major accounting firm that works with customers providing them with tax help and other financial services. The company recently suffered from a data breach that exposed many of its clients and led to fraudulent tax filings for the 2022 tax year. The company employs more than 142 people and has an approximate annual revenue of $28 million. A large number of individuals were impacted by this very serious data breach.
Unlimited Care Inc. is a home health company that offers help to patients in Westchester, New York, and surrounding locations. The company employs more than 2,500 people and has an annual revenue of more than $250 million. The organization recently suffered from a data attack that could have compromised a large number of company employees.
At a time when cyber attacks are achieving success in varying degrees and IT pros are keeping quiet about resulting breaches, there is one specific type of attack that has them most worried. Despite us all working in IT at a time where the sharing of threat data is at its highest, there is still the notion that organizations don’t want the public finding out about data breaches for fear of the repercussions to the company’s revenue and reputation.
Bank of America is a massive worldwide financial institution that works with hundreds of thousands of customers. The organization relies on NCB Management to collect debts and manage past-due accounts. A recent data breach at NCB Management compromised nearly half a million Bank of America customers and may have put them at risk from fraud and identity theft. Get the details about this attack to learn what potential damage may have occurred and what you can do about it if your data is involved.
Experts at Ponemon Institute reveal that the average cost of a data breach will reach around $5 million in 2023. This is a hike when compared to $ 4.35 million in 2022 and $4.24 million in 2021. With the frequency and severity of data breaches on the rise, businesses must prioritize data security to avoid hefty fines and penalties.
