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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The average ransom payment was $1.2 61,9% of the victims are in the US, 15.8%

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CVS Pays $2.25 Million in Record HIPAA Settlement

Hunton Privacy

CVS Pharmacy (“CVS”), reportedly the largest retail pharmacy chain, has agreed to pay the Department of Health and Human Services (“HHS”) $2.25 CVS Pharmacy (“CVS”), reportedly the largest retail pharmacy chain, has agreed to pay the Department of Health and Human Services (“HHS”) $2.25

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FTC Publishes Red Flags Rule Compliance Guide; Confirms Broad Interpretation of the Rule

Hunton Privacy

Financial institutions that are regulated by federal bank regulatory agencies or the National Credit Union Administration (which issues their own versions of the Red Flags Rule) were required to comply with the Rule as of November 1, 2008. Second, the guide sets out an expansive view of “covered accounts.”

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A new era for customer data – could security be ‘the new green’ for businesses?

Thales Cloud Protection & Licensing

Think TV licenses and car insurance, for example. On a business-to-consumer level, we’ve already observed retailers utilising GDPR as an opportunity for innovation and further customer engagement. However, the narrative is set to change.

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