Cisco pays $8.6M to settle security-software whistleblower lawsuit
Cisco has agreed to pay $8.6 million to settle claims it sold video security software that had a vulnerability that could have opened federal, state and local government agencies to hackers.Under terms of the settlement Cisco will pay $2.6 million to the federal government and up to $6 million to 15 states, certain cities and other entities that purchased the product. The states that settled with Cisco are California, Delaware, Florida, Hawaii, Illinois, Indiana, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Tennessee, Massachusetts and Virginia.RELATED: A conversation with a white hat hacker
According to Cisco, the software, which was sold between 2008 and 2014 was created by Broadware, a company Cisco bought in 2007 for its surveillance video technology and ultimately named it Video Surveillance Manager.To read this article in full, please click here READ MORE HERE…