Health savings custodian HealthEquity suffered a security breach after an employee fell for a phishing attack, and the compromised mailbox subsequently used to send malicious email to a number of individuals. An estimated 23,000 personal healthcare information
Data Breach: A data breach is an incident where information, typically data that is sensitive, proprietary or confidential in nature, is stolen or taken from a system without the knowledge or authorization of the system’s owner. Read more
The UK's Information Commissioner’s Office investigated the 2014 Yahoo data breach and found that the tech company failed to adequately protect it users. The findings from the incident have resulted in a fine for Yahoo.
Data from five million credit and debit cards was put up for sale on the dark web last March 28. Security researchers investigating the sale traced the data back to Saks Faith Avenue and other stores under the Hudson's Bay company.
As environments become progressively interconnected, threats become increasingly complicated. The top security events of the past year make this apparent — and their repercussions make the implementation of smart protections all the more important.
Nigel Houlden of the U.K. Information Commissioner's Office advised that enterprises that fail to properly assess the risks of the vulnerabilities and patch them can face hefty fines as stipulated in EU General Data Protection Regulation (GDPR).