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The investigations revealed significant, long-standing failures in Coinbase’s compliance program, including shortcomings in its cybersecurity..
Hackers successfully were able to access the accounts through credential-stuffing attacks on the platform.
The new year is upon us, and many business owners will use this opportunity to create plans to ensure that 2023 is as profitable as possible.
LastPass is being hit by a class-action lawsuit in the state of Massachusetts by customers after the password management company revealed further details about prior breach in August 2022.
In November, the Department of Financial Services sent out an updated notification on their proposed amendments to their Cybersecurity Regulation: 23 NYCRR 500. These amendments will go into affect within the first quarter of 2023.
The attack has so far cost the county $3.4 million for system restoration and $2 million for the forensic investigation with some systems still offline.