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The Hill: Executives from Apple, Amazon and other top tech firms are meeting at the White House to discuss software security with the administration after major cyberattacks last year.
Tech Crunch: The Federal Communications Commission is the next US regulator hoping to hold companies more accountable for data breaches. Chairwoman Jessica Rosenworcel has shared a rulemaking proposal that would introduce stricter requirements for data breach reporting.
ZDNet: Seventeen companies have been informed of cyberattacks that compromised user information by New York Attorney General Letitia James following an investigation into credential stuffing. More than 1 million customer accounts were compromised due to the attacks, which James said were previously undetected.
Insurance Journal: Morgan Stanley has filed for court approval of a $60 million settlement of a class action stemming from two data breaches in July 2020 that the complaint alleges compromised the information of 15 million of the investment bank’s customers.
Global News: The Saskatchewan Liquor and Gaming Authority (SLGA) reports that it has temporarily disabled certain computer systems and applications, as it investigates a cybersecurity incident that occurred on Dec. 25.
ZDNet: Digital photography company Shutterfly reported a ransomware attack on Sunday. The incident was first reported by Bleeping Computer, which said a source told them the company was attacked by the Conti ransomware group.
BNN Bloomberg: Capital One Financial Corp. agreed to pay $190 million to settle a class-action lawsuit that customers filed against the firm after a hacker broke into its cloud-computing systems and stole their personal information.
BNN Bloomberg: Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year, according to people familiar with the matter.
BNN Bloomberg: The RSA Conference, a major cybersecurity event that takes place annually in San Fransisco, is being delayed until June due to an increase in Covid-19 cases. The event was originally scheduled to take place in February.
CNBC: As the recent Log4j breach demonstrates, U.S. businesses and government organizations have been taking a pounding from cybercriminals. It’s coming in the form of ransomware, data breaches, distributed denial-of-service (DDoS), and other damaging attacks.
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