The Georgia Supreme Court is being asked to decide whether data breach victims have to wait for actual fraud or theft to happen before they can sue to recover the costs spent protecting themselves after a data breach.
It’s not just individual healthcare records or personal information. Espionage groups with Chinese ties are targeting cutting-edge medical research, especially cancer research, FireEye said.
Financial services organizations and many other enterprises have hesitated to go all in the cloud, citing concerns about depending on a third-party to protect the data, and the Capital One breach may encapsulate their fears. But the fact is, the cloud provides security benefits, so long as proper controls are put in place.
The breach of Capital One data on Amazon Web Services is a insider threat story. Defending from malicious insiders is a different ballgame than from outsiders.
Equifax settled the various lawsuits from federal and state regulators and consumers related to its 2017 data breach for up to $700 million. Hefty price tag not withstanding, the data for 147-million victims is still out there and there's not much consumers can do about it.