Items Tagged with 'data breach'

ARTICLES

Home Depot agrees to $25 million settlement with banks over data breach

Home improvement retailer continues to pay up
Home Depot agreed to pay $25 million to a number of banks in a settlement over the home improvement retailer’s 2014 data breach that impacted more than 50 million consumers. The settlement is just the latest in a string of settlements over the massive data breach, which Home Depot confirmed back in September 2014.
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From HW Magazine

Mortgage companies increase security after record hacks

Black Knight Financial Services is taking action to stay ahead of threats
Cybersecurity dominated the tech landscape in 2016 following a record number of data breaches. Regulators have continually warned companies in the mortgage industry to take the issue seriously. See what Black Knight Financial Services is doing to combat these threats and guard sensitive personal data.
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HUD inadvertently exposed personal information of nearly 500,000 individuals

Social security numbers, dates of birth posted on public website
Nearly 500,000 individuals are at risk of identity theft after the Department of Housing and Urban Development inadvertently made their personal information, including social security numbers and dates of birth, publicly available on its website. According to HUD, the data breach is the result of two separate incidents, one of which exposed the personal information of more than 425,000 public housing residents.
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Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

Loan officer accused of stealing loan files, taking them to new employer
A California jury ordered Guaranteed Rate to pay more than $25 million in damages to a fellow mortgage lender, Mount Olympus Mortgage Company, stemming from accusations that a former employee of Mount Olympus Mortgage stole client information and loan files and took them with him when he went to work at Guaranteed Rate.
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2014 JPMorgan bank hack part of biggest in history

New charges reveal the scope of the scheme against financial institutions
The defendants ran their scheme from 2012 to mid-2015 and laundered their money through at least 75 shell companies, according to the indictment. The JP Morgan hack occurred in June 2014 but was not discovered until several months later and is estimated to include 83 million households and 7 million small businesses.
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Home Depot warns customers with stolen email addresses

Recommends customers be alert for phishing emails
Home Depot today emailed the millions of customers whose email addresses were stolen in the massive data breach that also compromised 56 million payment cards: "In all likelihood this event will not impact you, but we recommend that you be on the alert for phony emails requesting personal or sensitive information."
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Home Depot hackers also stole 53 million emails

Massive data breach gets worse
In addition to the previously disclosed theft of the payment card data, Home Depot said Thursday that files containing approximately 53 million email addresses were also stolen, but advised that the files did not contain passwords, payment card information or sensitive personal information.
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