Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

Ransomware is getting sneakier and smarter. The latest example comes from ExecuPharm, a little-known but major outsourced pharmaceutical company that confirmed it was hit by a new type of ransomware last month. The incursion not only encrypted the company’s network and files, hackers also exfiltrated vast amounts of data from the network. The company was […] Continue reading Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

LabCorp investors file lawsuit, alleging ‘persistent’ failure to secure data

LabCorp investors have filed a lawsuit against the company following a major data breach last year that was one of three cybersecurity incidents the company has faced since 2018. The suit, filed by shareholder Raymond Eugenio on behalf of LabCorp investors, alleges that the medical testing company’s chief executive, chief financial officer, chief information officer and its board of directors failed to address “persistently deficient” data protection measures regarding the theft of data about millions of people. The legal complaint, first reported by Bloomberg, involves a hack on the American Medical Collection Agency (AMCA), a debt collection agency which made collections on behalf of LabCorp and other medical companies. Hackers stole data about roughly 20 million people, including some 7.7 LabCorp patients, between August 2018 and March 2019. In a separate incident, LabCorp exposed 10,000 medical documents, including patient test results, according to a TechCrunch article published in January. Burlington, […]

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Collections Firm Behind LabCorp, Quest Breaches Files for Bankruptcy

A medical billing firm responsible for a recent eight-month data breach that exposed the personal information on nearly 20 million Americans has filed for bankruptcy, citing “enormous expenses” from notifying affected consumers and the loss of its four largest customers. Continue reading Collections Firm Behind LabCorp, Quest Breaches Files for Bankruptcy

AMCA parent company files for bankruptcy amid data breach fallout

The debt collection agency responsible for a data breach that compromised information on at least 20 million people has declared bankruptcy. U.S.-based Retrieval-Masters Creditors Bureau Inc., which collects medical bills under the name American Medical Collection Agency (AMCA), filed for bankruptcy protection in the Southern District of New York. The filing comes after the company learned of a data breach lasting from August 1, 2018 to March 30 affecting information on millions of patients at testing firms Quest Diagnostics and LabCorp. AMCA’s four largest clients soon ceased operations with the company. Affected companies included Quest, with information about some 11.9 million people involved, LabCorp with 7.7 million, Carecentrix with 500,000 patients hit, and Bio Reference Labs with 423,000 patients. Numerous class-action lawsuits also have been filed, with plaintiffs alleging an unreasonable breach notification delay, a lack of reasonable data security and possible violations of the Health Insurance Portability and Accountability […]

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LabCorp: 7.7 Million Consumers Hit in Collections Firm Breach

Medical testing giant LabCorp. said today personal and financial data on some 7.7 million consumers were exposed by a breach at a third-party billing collections firm. That third party — the American Medical Collection Agency (AMCA) — also recently notified competing firm Quest Diagnostics that an intrusion in its payments Web site exposed personal, financial and medical data on nearly 12 million Quest patients.

Just a few days ago, the news was all about how Quest had suffered a major breach. But today’s disclosure by LabCorp. suggests we are nowhere near done hearing about other companies with millions of consumers victimized because of this incident: The AMCA is a New York company with a storied history of aggressively collecting debt for a broad range of businesses, including medical labs and hospitals, direct marketers, telecom companies, and state and local traffic/toll agencies. Continue reading LabCorp: 7.7 Million Consumers Hit in Collections Firm Breach

The Shared Security Weekly Blaze – Lost and Stolen Devices, Instagram and SIM Hijacking, LabCorp Security Breach

This is the Shared Security Weekly Blaze for July 23rd, 2018 sponsored by Security Perspectives – Your Source for Tailored Security Awareness Training and Assessment Solutions and Silent Pocket.  This episode was hosted by Tom… Continue reading The Shared Security Weekly Blaze – Lost and Stolen Devices, Instagram and SIM Hijacking, LabCorp Security Breach

LabCorp attack highlights persistent ransomware threat to health sector

Ransomware has hit the vast medical-testing and blood diagnostics company LabCorp, the latest health care organization to be targeted by the hostage-taking malware. After detecting “suspicious activity” on its IT network over the weekend of July 14, LabCorp determined that it had been affected by “a new variant of ransomware,” company spokeswoman Pattie Kushner told CyberScoop. The North Carolina-based company, which has 60,000 employees worldwide and processes 2.5 million patient samples per week, is working with outside security experts and law enforcement to recover from the attack. The company took certain systems offline to clear them of the ransomware, which has “affected some test processing and customer access to test results,” Kushner said. “Work has been ongoing to restore full system functionality as quickly as possible, testing operations have substantially resumed, and we are working to restore additional systems and functions over the next several days,” she added. The ransomware was only detected on the company’s […]

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America’s largest diagnostics service LabCorp suffers massive data breach

By Waqas
Private records of millions of patients could be at risk
This is a post from HackRead.com Read the original post: America’s largest diagnostics service LabCorp suffers massive data breach
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