corporate data breaches News

Effects of Cyber Breaches on Corporate Bottom Line: Viewpoint

Cyberattacks are an increasingly common threat to business, with risk officers listing cybersecurity as their greatest concern and more than 2,200 confirmed data breaches in 2017, according to a new report from Verizon. The headlines about hacking often focus on …

Uber: Hackers May Have Stolen Data on 50,000 Drivers

Uber Technologies Inc. said its database was access by an unauthorized third party last year, resulting in the possible theft of information on 50,000 drivers. The drivers, who are part of Uber’s mobile car-booking network, were notified and Uber took …

Lawmakers Seek Details on Financial Services Firms’ Data Breaches

Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security officials. Among the companies targeted in letters sent …