When you hire a business firm to take care of your cybersecurity , you ’re hiring a team of experts whom you assume you could trust . But one such firm allegedly used the trust of its clients to true - up gouge them with made - up “ data point breaches . ”

CNN Money gives us a rundownon Tiversa , astill - operating cybersecurity companythat offer up digital security avail to other companies . According to a whistleblower who worked there and is now evidence in Union court , Tiversa was running a very simple and cagey scam .

We learn of the predicament ofLabMD , a aesculapian examination company base in Atlanta . According to the former Tiversa employee , his company gain entree to the science laboratory ’s medical files ( remember , they were supposed to be helping LabMD secure those files ) and then told LabMD there had been a data breach using the files as proof . Tiversa then straight - up extorted LabMD when the lab would n’t pay for its “ incident response ” services . When LabMD said no thanks , Tiversa told the fellowship it would tell the Federal Trade Commission about the “ hack . ”

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Then , it did — and things come even sorry from there . The FTC , thinking the hack was real , survive after LabMD , which ended up in a farseeing legal struggle . Ultimately the science lab had to shut down , reportsCNN , which let ahold of the courtroom copy to describe all of these particular .

So , let ’s review : According to the witness , Tiversa made up a false taxicab . When the “ hack ” party refused to pay , Tiversa reported them to the FTC . The FTC then forced the lab to shut out down .

Tiversa , for its part , is denying this ever pass .

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thing could get much worse for the caller , as the House Oversight Committee is now affect . In a letter to the FCC , the committee reportedly claims Tiversa had maunder to the FTC about information breaches for “ nearly 100 companies . ” How many of those hacks were fake ? It sounds as though we ’re conk to find out . CNN ’s report has another astonishing tidbit : The allegation that Tiversa may have made up a report that claimed Iran had gotten a grip of the design for President Obama ’s chopper .

It ’s a noteworthy floor , and you should check outCNN Money ’s full report card on the lawsuit . If nothing else , it ’s a monitor that any service supplier whose expertise you pay for is motivated by profit margins , too . And when it comes to the rarified world of digital certificate , it ’s pretty unmanageable to watch that expertise .

Image : Tammy54

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