The Federal Trade Commission has fined Wyndham Hotels for a string of data breaches that resulted in information on hundreds of thousands of customers being lost to cyber criminals. The hotel chain’s failure to protect its IT network laid the groundwork for a series of three data breaches in which cyber criminals based in Russia stole financial information later used to generate $10.6 million in fraudulent purchases. The company said it has improved its information security practices and plans to challenge the suit. The first attack went undetected for four months, the FTC complaint alleges.
Source: https://threatpost.com/ftc-sues-wyndham-over-breaches-linked-10m-fraud-062612/76735/