Catch Our Rising Star!
Posted 10/17/19
Cybersecurity and Data Breaches
This archive displays posts tagged as relevant to cybersecurity and data breach issues. You may also be interested in the following pages:
September 12, 2019
Futures commission merchant Phillip Capital Inc. will pay $1.5 million to settle CFTC charges that its email system was breached and customer information accessed, with cyber criminals withdrawing $1 million in PCI customer funds. The CFTC found that PCI failed to disclose the breach to its customers in a timely manner, and failed to have adequate cybersecurity policies and employee supervision. CFTCSeptember 4, 2019
Google and its subsidiary, YouTube, will pay a record $170 million to the FTC and New York for allegedly violating the Children’s Online Privacy Protection Act (COPPA) Rule, which requires that websites and services directed at children under 13 obtain parental consent prior to collecting personal information. According to the complaint, YouTube allegedly monitored, tracked, and served targeted ads to children under 13 without parental consent. FTC, NY AGTech Whistleblowers Needed: Inquire Within
Posted 08/16/19
Cisco - Procurement Fraud/Cybersecurity ($8.6 million)
Constantine Cannon represented a whistleblower in a False Claims Act case alleging Cisco Systems sold the government noncompliant video surveillance software vulnerable to unauthorized access and manipulation. In July 2019, the company agreed to pay $8.6 million to settle the matter. It was the first cybersecurity whistleblower case ever successfully resolved under the False Claims Act. Our client received a whistleblower award of 20% of the government's recovery. Read more -- Washington Post, Reuters, AP, CC.Constantine Cannon Client’s Historic False Claims Act Settlement Against Cisco for Cybersecurity Fraud Makes Headlines
Posted 08/9/19
Question of the Week — Should Companies Face Tougher Consequences for Cybersecurity Breaches?
Posted 08/8/19
August 1, 2019
The United States and 15 states have settled with Cisco Systems, Inc. for $8.6 million in the first cybersecurity whistleblower case ever successfully brought under the False Claims Act. Cisco was accused of selling a video surveillance software to the U.S. government and state purchasers – including the military, FEMA, Homeland Security, and the Secret Service -- that could be easily exploited by hackers, and doing nothing to resolve or report the issue for years after the vulnerability was identified. AG NY; AG VACisco Whistleblower Represented by Constantine Cannon Wins First-Ever False Claims Act Settlement for Cybersecurity Fraud
Posted 07/31/19
