Misery loves company, you could say, but when you are the guardian at the gate, this may be company you don’t want to keep. In “Highlights of Verizon’s 2019 Data Breach Investigations Report,” Sharon Nelson, takes on and highlights Verizon’s most recent survey. In short, the news is not good for anyone in general, and professionals in particular.
Reuters tech/biz writer, Jonathon Stempel, recently reported in “Yahoo strikes $117.5 million data breach settlement after earlier accord rejected,” that the settlement is the largest common fund class action settlement in data breach history. The implications of this settlement (revised from an early attempted settlement in hopes of being more palatable to federal district Judge Lucy Koh) are staggering.
Topics: Differentialsharing, compliance, riskmanagement, databreach, data breach, Yahoo breach, unsecured data, sensitive information, sensitive data, security, risk management, financial risk, Yahoobreach