Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.
Ireland's Data Protection Commission says it is "assessing" a report concerning minors who have business profiles on Instagram that may expose email addresses and phone numbers. As many as 5 million kids worldwide have business accounts, but often they have no discernible link to a real business.
Misconfigured file storage technologies and a lack of basic security controls are the root causes for the inadvertent online exposure of 2.3 billion files worldwide that contain personal information, including sensitive medical data, says Harrison Van Riper, a security researcher at Digital Shadows.
Authorities in the Netherlands recently levied a $516,000 fine under the General Data Protection Regulation against a hospital in the Hague in connection with a data breach involving "dozens" of staffers who snooped on the electronic medical records of a celebrity.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
The latest edition of the ISMG Security Report analyzes the significance of fines against British Airways and Marriott for violations of the EU's GDPR. Also featured are discussions of California's privacy law as a model for other states and the next generation of deception technologies.
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
Security researchers have found yet another unsecured database that left personal data exposed to the internet. In this latest case, a MongoDB database containing about 188 million records, mostly culled from websites and search engines, was exposed, researchers say.
The data protection gloves have finally come off in Europe after GDPR enforcement began last May - the U.K.'s privacy watchdog has proposed large post-breach sanctions against British Airways and Marriott. Consider the tables now turned on firms that fail to properly safeguard personal data.
Britain's privacy watchdog says it plans to fine hotel giant Marriott $125 million under GDPR for security failures tied to a 2014 breach of the guest reservation database for Starwood, which Marriott acquired in 2016. Undiscovered until 2018, the breach exposed 339 million customer records.
A cybersecurity vulnerability discovered in open source software used by organizations conducting genomic analysis could potentially have enabled hackers to affect the accuracy of patient treatment decisions. But the vulnerability was patched before hackers took advantage of it, researchers believe.
Britain's privacy watchdog has proposed a record-breaking $230 million fine against British Airways for violating the EU's General Data Protection Regulation due to "poor security arrangements" that attackers exploited to steal 500,000 individuals' payment card data and other personal details.
In today's digital environment, protecting sensitive information and sales transaction data is of critical importance. Tim Horton of First Data explains the concept of "devaluing" data so it's worthless in the event of a breach.