Data that can be monetized is, simply put, a magnet for the bad guys. No matter whether your organization is big or small, if you have desirable data, you can no longer afford to wonder whether or not to invest in cybersecurity insurance.
Scottrade is notifying approximately 4.6 million clients that illegal activity occurred on its network and personal information may have been compromised.
T-Mobile CEO John Legere pulled no punches expressing his disgust over a hack yesterday at its credit vendor Experian that compromised the personal information of about 15 million T-Mobile customers, and rightly so according to industry insiders who believe T-Mobile's image now may be badly tarnished through no fault of its own.
T-Mobile confirmed in a letter that the personally identifiable information of about 15 million customers has been obtained through a hack at Experian, a T-Mobile vendors hired to perform credit checks.