Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Comments
Ruling: FTC Can Hold Wyndham Liable For Data Breach
Newest First  |  Oldest First  |  Threaded View
ColbyC138
50%
50%
ColbyC138,
User Rank: Apprentice
8/26/2015 | 6:45:26 PM
Government Shakedown for Self-Funding
The FTC and state DOJ gangs' jurisdiction and standing to sue companies for being breached has long been questioned. This ruling paves the way to a lot of government action following a security breach. Not only will companies have to deal with the remediation, regulatory fines and civil lawsuits following a breach, but will also have to defend against criminal suits from multiple agencies. The price of having poor security and being compromised is about to get a lot more expensive. 

This was a key case for them to win as it will open up a significant revenue stream in the medium to long term. But, it is a really dangerous precedent. All of these post breach lawsuits and shakedowns are going to be financially cripling to organizations trying to recover. I don't really see the value in the government doing this as it does not help to solve the problem, except to provide yet another disincentive for being hacked and we don't really need any moreof those. It seems that this is all about obtaining revenue. Should this be the place of government - self funding through lawsuits? It sounds dangerous.
Whoopty
50%
50%
Whoopty,
User Rank: Ninja
8/25/2015 | 7:13:03 AM
Avid Life Media
Oof. This is bad news for Ashley Madison/Avid Life Media. While this hotel chain may have been liable for some details, exposing the information of over 37 million individuals is far worse, especially considering the nature of the information. I think rulings like this will be cited by a lot of lawyers that go after ALM in the near future. It's going to kill the company. 
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
8/24/2015 | 4:48:17 PM
Yup.
I've yet to read the ruling (though I look forward to taking a look), but this kind of decision isn't particularly surprising.  The FTC has extremely broad powers to regulate and enforce fair trade, and the respective definitions of what "fair trade" and "unfair and/or deceptive trade practices" are very broad indeed.


Commentary
Ransomware Is Not the Problem
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  6/9/2021
Edge-DRsplash-11-edge-ask-the-experts
How Can I Test the Security of My Home-Office Employees' Routers?
John Bock, Senior Research Scientist,  6/7/2021
News
New Ransomware Group Claiming Connection to REvil Gang Surfaces
Jai Vijayan, Contributing Writer,  6/10/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-20027
PUBLISHED: 2021-06-14
A buffer overflow vulnerability in SonicOS allows a remote attacker to cause a Denial of Service (DoS) by sending a specially crafted request. This vulnerability affects SonicOS Gen5, Gen6, Gen7 platforms, and SonicOSv virtual firewalls.
CVE-2021-32684
PUBLISHED: 2021-06-14
magento-scripts contains scripts and configuration used by Create Magento App, a zero-configuration tool-chain which allows one to deploy Magento 2. In versions 1.5.1 and 1.5.2, after changing the function from synchronous to asynchronous there wasn't implemented handler in the start, stop, exec, an...
CVE-2021-34693
PUBLISHED: 2021-06-14
net/can/bcm.c in the Linux kernel through 5.12.10 allows local users to obtain sensitive information from kernel stack memory because parts of a data structure are uninitialized.
CVE-2021-27887
PUBLISHED: 2021-06-14
Cross-site Scripting (XSS) vulnerability in the main dashboard of Ellipse APM versions allows an authenticated user or integrated application to inject malicious data into the application that can then be executed in a victim’s browser. This issue affects: Hitachi ABB Power Grids ...
CVE-2021-27196
PUBLISHED: 2021-06-14
Improper Input Validation vulnerability in Hitachi ABB Power Grids Relion 670 Series, Relion 670/650 Series, Relion 670/650/SAM600-IO, Relion 650, REB500, RTU500 Series, FOX615 (TEGO1), MSM, GMS600, PWC600 allows an attacker with access to the IEC 61850 network with knowledge of how to reproduce the...