Friday Five: 7/24 Edition 2015

Your weekly roundup of information security news.

Happy Friday! Close out the work week with our picks for the hottest articles from the IT and security presses:

  1. "Report: Spammers Tied To JPMorgan Chase Hack " by Mathew J. Schwartz
    Following their 2014 data breach that compromised over 80 million customer accounts, JPMorgan Chase & Co. has been suffering from money laundering and suspicious hacking activity; misleading scam e-mails, pump-and-dump schemes, and more – JPMorgan is being overwhelmed. It is believed that the suspects for the current fraudulent activity have ties back to the 2014 hack as well. To read more about this case, click this article.
  2. "Online Cheating Site AshleyMadison Hacked" by Brian Krebs
    When your company’s business slogan is “Life is short. Have an affair.” you are bound to draw some attention and a bunch of pissed off people. What’s more, a data-driven business that is based on keeping others’ dirty secrets may just be the perfect target for a hacking-based blackmail scheme, and that is just what happened to Ashley Madison earlier this week. Brian Krebs revealed on Sunday that volumes of stolen Ashley Madison data had been dumped on the internet, along with a message from a hacking group called “Impact Team” threatening the release of customer information unless the site is shut down. Five days later, the site remains online and two customers have been disclosed. For more on this evolving affair, read this article.
  3. "Lifelock Once Again Failed at Its One Job: Protecting Data " by Kim Zetter
    Lifelock, provider of consumer identity theft protection software, has come under scrutiny again for its ability to maintain its security program and protect users. A complaint was filed against Lifelock by the Federal Trade Commission in court on July 21st that accuses the company of failing to meet the security requirements outlined in a 2010 settlement. Lifelock rose to fame (or infamy) after a 2007 advertising campaign in which the company’s CEO announced his Social Security Number on television as a testament to the strength of their identity protection abilities (his identity was stolen not long after). To learn more about what Lifelock has done – or hasn’t done – read this article.
  4. "UCLA Health Faces Lawsuit - Already" by Marianne Kolbasuk McGee
    Class actions lawsuits following large breaches of consumer information have become almost customary, with Target, Home Depot, and Neiman Marcus all being on the receiving end of similar suits in recent years (to name just a few). However, this week’s data breach at UCLA health – in which personal and health information was leaked on up to 4.5 million individuals – may have set a record for the shortest time between disclosure and legal action. In UCLA Health’s case, a class action lawsuit was filed the first business day after their breach was revealed. To learn more about the lawsuit, read this article.
  5. "Class Action Suit Against Neiman Marcus Over Data Breach Revived " by Threat Post
    Remember the breach that happened to Neiman Marcus, the luxury department store back in January, 2014? Well, it’s coming back to them in full swing now, with a class action lawsuit. To learn more, read this article.
Susan Xu

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