LabMD is a cancer testing center in Atlanta, GA. In 2010, someone compromised its security and pulled its medical records. Soon after the break-in, LabMD was contacted by Tiversa, a cyber security firm who offered to sell them emergency incident response services. LabMD refused. Tiversa told the firm they’d notify the FTC unless the company hired its services. Again, LabMD refused.
Tiversa made good on its promise and contacted the FTC. The government agency pursued the measure to its fullest. LabMd was sucked into a lengthy legal battle which eventually bankrupted the company. There’s just one problem with this story: the hack never happened. Tiversa made the whole thing up….