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Robinson+Cole Data Privacy + Security Insider

Verizon 2021 Data Breach Investigations Report Released

If you have been following Verizon’s annual data breach investigation reports like I have over the years, you get excited when the new one comes out. If you have never read the report, now’s your chance, as the 2021 report...more

Fisher Phillips

Yahoo Fined $35 Million for Failing to Report Data Breach

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On April 24, 2018, the Securities Exchange Commission (SEC) announced a $35 million fine against the company formerly known as Yahoo! Inc. (now known as Altaba, Inc.) for failing to disclose a massive cyber data breach to its...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - March 2018 #3

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Verizon's Protected Health Information Data Breach Report Concludes that Insiders Are Greatest Threat to Health Care Entities - Verizon recently issued its Protected Health Information Data Breach Report, which is always...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Yahoo—via new parent Verizon Communications—has officially tripled its estimate of the number of accounts affected by its 2013 cyber hack, putting the total at a staggering 3 billion (aka, all of them)....more

Robinson+Cole Data Privacy + Security Insider

Verizon 2017 Data Breach Investigation Report Released

We follow the Verizon Data Breach Investigation Report each year. It just hit the news stand and as always, is full of insights. The report collected data from 65 organizations in 84 countries, including 42,068...more

Robinson+Cole Data Privacy + Security Insider

Yahoo Breaches Cost Shareholders $350 Million From Lowered Purchase Price, CEO Forfeits $14 Million in Compensation

Yahoo’s troubles for failing to timely disclose security breaches provides rare insight into quantifying the financial and other costs to a company’s shareholders and leadership when a security breach occurs and is...more

Patterson Belknap Webb & Tyler LLP

What A Breach: More Than 1 Billion Yahoo! User Accounts Compromised

On Wednesday, Yahoo! disclosed that more than 1 billion of its users’ personal information was exposed in a newly discovered cyber-attack, making it the largest data breach reported to date. The breach apparently took place...more

Robinson+Cole Data Privacy + Security Insider

Yahoo Announces Another Breach of One Billion Accounts

Yahoo Inc. announced on December 14th that hackers stole the personal information of more than one billion users, which is in addition to the 500 million accounts compromised that was announced in September....more

Cooley LLP

Blog: Cybersecurity Diligence in M&A Transactions: Lessons from Verizon/Yahoo!

Cooley LLP on

Recently, in the midst of an M&A transaction involving Verizon and Yahoo!, news broke of a Yahoo! cybersecurity breach that had occurred approximately two years earlier. This event raised a lot of speculation around what...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

China’s expected to announce Q3 economic growth of 6.7 percent this week—a number envied by any other country in the world but the sign of major slowdown there. Dealbook looks at what, exactly, a less-gangbusters Chinese...more

Nossaman LLP

Breach Notification law: Yahoo’s Breach and the Duty to Disclose

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Last week, Yahoo disclosed that in 2014 it suffered one of the largest data breaches in history, with at least 500 million Yahoo accounts compromised.  Given the timing of its acquisition deal with Verizon, Yahoo has been...more

Patterson Belknap Webb & Tyler LLP

Aftermath of the Yahoo Breach: M&A Risk and Cybersecurity

In the midst of its acquisition by Verizon Communications Inc., Yahoo Inc. disclosed what looks like one of the largest reported thefts of user information in U.S. history. Yahoo has confirmed that a “state-sponsored”...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 9.26.16

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The Deal Professor weighs in on Yahoo’s announcement last week of the hack of roughly 500 million of its customers’ data and the specter of the MAC (material adverse change) that Verizon may choose to invoke to dance away...more

Robinson+Cole Data Privacy + Security Insider

Stolen user credentials account for over half of all data breaches in 2015

Verizon recently released its yearly Data Breach Investigations Report and as always, the report is a very informative read. The report gathered information from more than 64,000 security incidents worldwide in 2015, 2,260 of...more

Bilzin Sumberg

Alphabet Soup and Data Security

Bilzin Sumberg on

In the span of two days, mobile device users learned of two data breaches that could compromise their personal data. In one, Experian (a credit reporting agency) reported that it was hacked, potentially putting 15 million...more

Troutman Pepper

How to Avoid and Respond to a Cybersecurity Breach

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In light of numerous recent data breaches, cybersecurity has emerged as an issue impacting organizations ranging from the local hardware store to the largest multi-national firms in the world. In short, no industry is immune...more

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