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News (931)

Supreme Court Sets Up Data Breach Suit Against Amazon’s Zappos

The U.S. Supreme Court has cleared the way for a putative class-action lawsuit over Amazon-owned Zappos over a 2012 hack that compromised the sensitive personal data of 24 million customers. So reports Bloomberg.

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Marriott Shareholders Sue Over Data Breach

Marriott International’s officers and directors have been hit with a shareholder derivative suit stemming from the data breach it reported last year, which affected some 500 million guests. So reports Bloomberg.

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Facebook Facing Criminal Probe Over Data Deals

A grand jury in New York has subpoenaed records from at least two smartphone makers as part of an investigation by federal prosecutors into Facebook. So reports The New York Times.

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Big Norwegian Aluminum Producer Hit with Major Cyber Attack

Norsk Hydro, one of the world’s biggest aluminum producers, switched from digital to manual operations at some of its plants and saw manufacturing halted at others due to a ransomware attack. So reports The Washington Post.

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Cybersecurity Startup Cyemptive Nabs $3.5M Investment

Seattle-area cybersecurity startup Cyemptive has just come out of stealth mode with the announcement of a $3.5 million funding round. So reports GeekWire.

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Three Private Colleges Confirm Breach of Admissions Files

Oberlin College in Ohio, Grinnell College in Iowa and Hamilton College in New York have each disclosed that hackers broke into their applicant-data systems and emailed applicants offering to sell them the information in their admissions files. So reports The Washington Post.

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European Parliament Warns on China Telecoms Risks

The European Parliament has joined the chorus of Western governments ringing the alarm about alleged cybersecurity threats posed by Chinese companies such as Huawei participating in the rollout of 5G wireless technology. So reports Bloomberg.

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Trump’s 2020 Budget Seeks $9.6B for Cybersecurity

President Donald Trump’s proposed budget for the 2020 fiscal year includes more than $9.6 billion to fund the U.S. Department of Defense’s cybersecurity goals. So reports Engadget.

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KKR Investment Values Cyber Startup KnowBe4 at $800M

Private equity firm KKR has taken a minority stake in cybersecurity firm KnowBe4 with an investment based on a more than $800 million valuation. So reports Fortune.

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Intuit Denies TurboTax Data-breach Report

As Tax Day approaches, Intuit has issued a statement saying that it did not suffer a data breach exposing users’ personal data to a third party. So reports Newsweek.

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