Microsoft critics accuse the firm of 'negligence' in latest breach
Foreign spies breached Microsoft's systems and accessed senior executives' emails for the second time in six months.
Critics argue that Microsoft is not prioritizing and investing enough in security, raising concerns about its role in providing computing infrastructure to the US government. [ more ]
Ransomware group reports victim it breached to SEC regulators
Ransomware group AlphV has reported a victim to the US Securities and Exchange Commission (SEC) in an effort to pressure them to pay the ransom.
AlphV claimed to have breached the network of MeridianLink, a publicly traded digital lending company, and filed a complaint with the SEC regarding a failure to disclose the breach.
The tactic is likely a way for AlphV to capitalize on the anxiety caused by the SEC's recent actions against SolarWinds. [ more ]
First American to pay $1 million in cybersecurity settlement
First American has been ordered to pay $1 million to the New York Department of Financial Services as part of a settlement for cybersecurity violations.
The breach and exposure of consumers' non-public information led to the investigation and settlement.
First American has agreed to implement remedial measures to better secure consumer data. [ more ]