A federal judge in California put the brakes on the U.S. Federal Trade Commission’s complaint against D-Link Systems over lax security in its consumer routers and IP cameras, saying that the Commission needs to produce evidence of concrete harm to consumers.
FedEx, the worldwide package delivery giant, said in a regulatory filing on Tuesday that the NotPetya ransomware outbreak in late June has cost it an estimated $300 million dollars and forced the company to miss its fiscal first quarter earnings. The company said in its quarterly “8K” report to the U.S. Securities and Exchange Commission (SEC) that the impact of NotPetya on TNT Express N.V., a newly acquired subsidiary based in The Netherlands. “Worldwide operations of TNT Express were significantly affected during the first quarter by the June 27 NotPetya cyber attack,” the company reported. The subsidiary has restored “substantially all” critical operational systems but “volume, revenue and profit still remain below previous levels.” The statement is the latest on the effects of NotPetya, which spread by way of bogus updates for software by the Ukrainian firm MeDoc. In July, FedEx said in a filing with the Securities and Exchange Commission […]
In-brief: Equifax said on Friday that its Chief Information Officer and Chief Security Officer had “retired” in the wake of a massive data breach that leaked sensitive on some 143 million people.
In-brief: Facebook said thousands of ads that ran on its site in 2015 and 2016 have links to Russian information operations. The ads were designed to foment discord around a range of issues.
In-brief: The FDA as approved a software update to software security holes in pacemakers made by Abbott. But doctors and patients will have to weigh the risks of apply the patch.
