Yahoo to pay $117 million to settle class action over major data breaches

Yahoo will pay approximately A $117 million to settle a lawsuit over multiple data breaches. The lawsuit alleged that the company negligently disclosedŒ users’ personal information, including email addresses, phone numbers, dates of birth, other account information, as well as security passwords. According to the complaint, Yahoo users were subject to numerous disclosures of personal […]

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Massachusetts General Hospital suffers major data breach involving the private records of some 9,900 research patients

The Massachusetts General Hospital has suffered a major data breach involving private health information involving the records of some 9,900 research patients used by Neurology researchers at the hospital. The data stolen included names, dates of birth, medical record numbers and medical histories. The breach occurred between June 10 and June 16 at the hospital’s […]

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Federal Trade Commission files Complaint against Cambridge Analytica for deception resulting in release of private info from Facebook

The Federal Trade Commission (FTC) filed an Administrative Complaint against data-mining company Cambridge Analytica and reached settlements with the former CEO and an app developer who worked with the company. The FTC complaint filed on Wednesday alleges Cambridge Analytica used false and deceptive tactics to harvest personal information from tens of millions of Facebook users, […]

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Facebook to pay $5 Billion to settle U.S. investigation over privacy violations according to the WSJ

Facebook will pay $5 Billion to settle an investigation by the Federal Trade Commission (FTC) concerning privacy violations, according to the Wall Street Journal. The FTC investigation was engaged after reports that personal data of tens of millions of Facebook users were improperly obtained by Cambridge Analytica, a data firm that worked on President Trump’s […]

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Blockchain Technology Can Now Be Used to Protect The Healthcare Industry from Counterfeit Pharmaceuticals

Despite its cons, cryptocurrency has introduced powerful technologies to the market, including blockchain protocols which essentially act as an advanced ledger for cryptocurrency exchanges. However, this technology is now being utilized for the protection of numerous industries, including the healthcare industry by preventing counterfeit pharmaceuticals from entering the market. A paper published by Portland University […]

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Evidence links Russian Spies inside U.S. Universities as students and professors using free academia to gather sensitive info on America

American Universities have always been proud to welcome global students into their community, but with reports of foreign agents from Russia entering these school as professors and students, it is difficult to determine the reliability of this practice. These alleged spies are under suspicion for using the academic system to get close to current and […]

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Hundreds of its customers lost their homes after computer glitch denies them mortgage modifications says Wells Fargo

Wells Fargo says the computer error impacted certain accounts undergoing foreclosure between April 2010 and October 2015 and that around 625 customers were incorrectly denied a loan modification or were not offered one even though they were qualified, according to the filing. In about 400 cases, the customers underwent foreclosures. Wells Fargo says it is […]

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Wells Fargo pays $2.09 BILLION to settle charges on abuses in mortgage backed securities originations

Wells Fargo Bank will pay the U.S Treasury $2.09 billion to settle charges that it originated and sold residential mortgage loans which it knew contained misstated income information. Also that it did so when they did not meet the quality that Wells Fargo represented. Investors, including federally insured financial institutions, suffered billions of dollars in […]

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