An anonymous reader writes: As part of the December 2017 Patch Tuesday, Microsoft has shipped an Office update that disables the DDE feature in Word applications, after several malware campaigns have abused this feature to install malware. DDE stands for Dynamic Data Exchange, and this is an Office feature that allows an Office application to load data from other Office applications. For example, a Word file can update a table by pulling data from an Excel file every time the Word file is opened. DDE is an old feature, which Microsoft has superseded via the newer Object Linking and Embedding (OLE) toolkit, but DDE is still supported by Office applications. The December Patch Tuesday disables DDE only in Word, but not Excel or Outlook. The reason is that several cybercrime and spam groups have jumped on this technique, which is much more effective at running malicious code when compared to macros or OLE objects, as it requires minimal interaction with a UI popup that many users do not associate with malware. For Outlook and Excel, Microsoft has published instructions on how users can disable DDE on their own, if they don’t want this feature enabled. Read more of this story at Slashdot.
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Microsoft Disables Word DDE Feature To Prevent Further Malware Attacks
An anonymous reader quotes CNET: Anthem, the largest health insurance company in the U.S., has agreed to settle a class action lawsuit over a 2015 data breach for a record $115 million, according to lawyers for the plaintiffs. The settlement still has to be approved by US District Court Judge Lucy Koh, who is scheduled to hear the case on August 17 in San Jose, California. And Anthem, which didn’t immediately respond to a request for confirmation and comment, isn’t admitting any admitting any wrongdoing, according to a statement it made to CyberScoop acknowledging the settlement. But if approved, it would be the largest data breach settlement in history, according to the plaintiffs’ lawyers, who announced the agreement Friday. The funds would be used to provide victims of the data breach at least two years of credit monitoring and to reimburse customers for breach-related expenses. The settlement would also guarantee a certain level of funding for “information security to implement or maintain numerous specific changes to its data security systems, including encryption of certain information and archiving sensitive data with strict access controls, ” the plaintiff attorneys said. The breach compromised data for 80 million people, including their social security numbers, birthdays, street addresses (and email addresses) as well as income data. The $115 million settlement averages out to $1.43 for every person who was affected. Read more of this story at Slashdot. 
An anonymous reader quotes the Bay Area Newsgroup: Wells Fargo may have opened as many as 3.5 million bogus bank accounts without its customers’ permission, attorneys for customers suing the bank have alleged in a court filing, suggesting the bank may have created far more fake accounts than previously indicated. The plaintiffs’ new estimate of bogus bank accounts is about 1.4 million, or 67%, higher than the original estimate — disclosed last year as part of a settlement with regulators — that up to 2.1 million accounts were opened without customers’ permission… The attorneys covered a period from 2002 to 2017, rather than the previously scrutinized five-year stretch from 2011 to some time in 2016 in which the bank acknowledged setting up unauthorized accounts. Wells Fargo terminated 5, 300 employees for creating fake accounts, and their CEO now acknowledges that “we had an incentive program and a high-pressure sales culture within our community bank that drove behavior that many times was inappropriate and inconsistent with our values.” In a possibly-related story, Wells Fargo plans to shut 450 branches over the next two years. Read more of this story at Slashdot.