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Fraud Blog

Data Breach

Fraud Blog posts tagged “Data Breach”.

Data Breach

Showing 12 of 67
data breach

Recent Class-Action Settlement and FCC Fine Underscore the High Costs of Failed Data Security

Two notable data breaches, each impacting millions of US consumers, resulted in companies paying over $40 million in fines or settlements…

Sep 17, 2024 · 2 min read
data breach

Social Engineering, Ransomware Attacks Target Vegas Casinos

Social engineering tactics led to both a ransomware attack and data breach against Caesars Entertainment and MGM Resorts. In an SEC filing,…

Sep 15, 2023 · 2 min read
ATO

Apparel Retailer Suffers Data Breach via Credential Stuffing Bot Attack

Fraudsters accessed the rewards platform of clothing retailer Hot Topic impacting an unknown number of customers and compromising…

Aug 3, 2023 · 2 min read
data breach

Members of Hacker Forum Suffer Data Breach with PII Posted on Another Hacker Forum

Nearly 480,000 members of the now defunct, dark web hacker forum RaidForums got a taste of their own medicine when their personal…

Jun 2, 2023 · 1 min read
identity fraud

Ransomware Attack Against PharMerica Leads to 5.8 Million SSNs Available on the Dark Web for Free

A ransomware group claimed to have 4.7 TB of data stolen from pharmacy services provider PharMerica, including the full names, addresses,…

May 16, 2023 · 2 min read
data breach

37 Million T-Mobile Customers Implicated in Recent Data Breach

A hacker exploited a vulnerability in an API enabling them to access personally identifiable information of 37 million T-Mobile customers.…

Jan 23, 2023 · 1 min read
ATO

Over 24.6 Billion Usernames and Passwords Have Been Compromised Since 2016

According to a study by Digital Shadows, over 24.6 billion username and password combinations have been exposed due to data breaches. While…

Jan 23, 2023 · 2 min read
fraud

Nearly 60 Million Payment Cards Sold on the Dark Web in 2022 and 70 Percent were Issued in the US

59.4 million payment cards were compromised and posted for sale on the dark web in 2022 with 77 percent of these card compromised in the…

Jan 19, 2023 · 1 min read
fraud

Excessive Data Breaches Bring Additional Action Beyond Fines and Penalties per Incident

Education Technology provider Chegg is facing an FTC lawsuit requiring them to implement multi-factor authentication, improve data security…

Nov 4, 2022 · 2 min read
data breach

800+ Data Breaches and Over 53 Million Consumers Compromised in the First Half of 2022

After the first half of 2022, the number of data breaches for the year is on pace to fall below the all-time high set in 2021, but still…

Sep 7, 2022 · 2 min read
data breach

The Average Cost of a Data Breach has Doubled Since 2018

The average cost of a data breach including consumer identity information in the United States reached $9.5 million in 2021, up 16 percent…

Jul 20, 2022 · 1 min read
Data Breach

124 Data Breaches Were Announced in the First Two Months of 2018 Following a Record-Setting 2017

There were nearly 17 million identity fraud victims in the United States in 2017, more than ever before. This increase is likely supported…

Nov 5, 2021 · 2 min read