The fitness gear maker Under Armour said on Thursday that a breach of its MyFitnessPal website in February resulted in the theft of data on 150 million customers.
In this industry perspective, Thomas Hofmann, the Vice President of Intelligence at the firm Flashpoint* warns that the effects of data breaches can often be felt months or years after the actual incident, as stolen data bubbles up in underground marketplaces. He has three pieces of advice for companies that want to develop an incident response plan that mitigates the damage of breaches in the short term and over the long term.
The departure of Facebook Chief Information Security Officer Alex Stamos is just the latest in which the respected security executive clashed with higher ups over the handling of a major data breach.
Equifax on Thursday disclosed that 2.4 million additional customers had information stolen in a 2017 cyber attack. The company said it overlooked the victims in prior forensic analysis of the incident.
China has developed a Big Brother-like system of surveillance and big-data technology to monitor and incriminate ethnic minorities by using their personal information to deem them government threats.