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Two patients are pursuing class-action status for their lawsuits against a Colonie, New York health care company and its accounting firm over a 2019 data breach that reportedly exposed the sensitive information of 170,000 patients. The lawsuits allege BST & Co. CPAs, the accounting firm for Community Care Physicians, experienced a ransomware attack in December 2019 and failed to disclose…
Businesses around the world are experiencing the effects of the largest economic downturn since the 1940s. Some economists show the U.S. as having exited or nearly recovered from the recession that began in February, and Canada is showing signs of recovering from its deepest recession on record. Nevertheless, businesses continue to face numerous risks while shut down or operating at…
The novel coronavirus (or COVID-19) pandemic has forced the emergence of a new digital workspace to keep businesses functioning during the crisis. With more than 75 percent of Americans and many Canadians engaging in some form of social distancing, many companies now have almost every employee working from home, adding a new level of digital security vulnerability. Unsecured wireless networks,…
Businesses in the United States and Canada have had to adapt to an unprecedented set of uncertain and rapidly evolving circumstances in recent weeks. According to a recent Goldman Sachs survey of U.S. small business owners, 96 percent say that they have already been impacted by coronavirus, or COVID-19. Some businesses have reduced hours or shut down,…
Last month, KDA Architecture agreed to pay $1.7 million to settle a lawsuit filed by the Yakima School District in Washington over water and mold damage. The alleged design flaws were related to a nearly 750-foot blue wall, constructed of stainless-steel shingles and porcelain tiles that cut through the center of the high school campus. Shortly after completion of the…
Fisher Investments, an active equity manager based in Washington, is facing backlash after its founder and executive chairman Ken Fisher reportedly made inappropriate sexist comments during a conference presentation on October 8. Weeks later, clients had pulled over $3 billion in assets from Fisher Investments. To date, 20 institutions have pulled almost $3.9 billion from the firm. Fisher, whose firm…
When a storage freezer at Children’s Hospital Los Angeles (CHLA) malfunctioned last month, 56 pediatric patients, many undergoing cancer treatment, lost their stem cells. The cells were collected before patients began cancer treatments, like chemotherapy and radiation, and stored for potential future use. Following the incident, CHLA sent notification letters to the affected families, unfortunately addressed to patients rather than…
On August 16, a coordinated ransomware attack was launched on 22 city, county and police department offices in Texas, seizing and disabling systems and encrypting data. The collective ransom demanded by what state authorities have described as a “single threat actor” is $2.5 million. While larger municipalities, like Lubbock County, were able to quickly identify and isolate the threat to…