The Irish Data Protection Commission has imposed a fine of 390 million euros against Meta Ireland for violating the General Data Protection Regulation related to user data processing. Meta confirmed it will contest the penalty, which targets ad personalization by Facebook and Instagram.
The latest edition of the ISMG Security Report shares tips for security leaders to navigate the threat landscape next year, discusses cybersecurity and privacy policy shifts to watch, and explains why global political and economic instability should not be cause for cybersecurity budgets to drop.
The prospect of class action lawsuits being filed in the aftermath of a major data breach often has more impact on breached healthcare organizations than the potential for fines and enforcement actions by government regulators, says attorney Jeff Westerman of Westerman Law Corp.
Meta has reached a $725 million agreement to resolve a class action lawsuit filed over Facebook's user data-sharing practices, after data for 87 million Facebook profiles was transferred to political consultancy Cambridge Analytica in violation of the social network's policies.
Belgian banking giant Degroof Petercam is warning hundreds of clients that their employees are at risk of fraud after personal details tied to their stock option plans were accessed, potentially by an ex-employee. The bank has reported the data breach to the Belgian Data Protection Authority.
A federal judge has denied granting a preliminary injunction against Meta to stop the firm's Pixel tracking code in healthcare websites from collecting and disseminating patient information for advertising. But the judge says he could change his mind as more details about patient privacy emerge.
The French data protection authority fined Microsoft Ireland 60 million euros for privacy and security practices relating to a Bing search engine advertising cookie. The company has three months to get the consent of the French users before further deployment of the cookie.
Unifying decision-making about privacy, security, ethics and governance poses a huge challenge from a regulatory and operational perspective, says OneTrust CEO Kabir Barday. OneTrust has created a network of 900 lawyers across 300 jurisdictions that feed intelligence into the company's platform.
In a surprise move, Britain's Information Commissioner's Office recently named names - lots of names - on the data breach front. The ICO has published detailed information about breaches of personal data, complaints and the civil investigations. Attorney Edward Machin explains the implications.
The latest edition of the ISMG Security Report discusses why it is always a bad idea for organizations to pay hackers for data deletion, practical steps organizations can and should take to avoid being at the heart of a data subject complaint, and the latest efforts to tackle the ransomware threat.
Bad hackers so often get portrayed as bombastic villains who can "hack the Gibson" while breathlessly exclaiming, "We're in!" Real-world "hack attacks" are typically much more mundane, including an alleged scheme enabling taxi drivers to jump to the head of the line at JFK Airport.
Europe took a key step in formalizing a framework to underpin the trans-Atlantic flow of commercial data but privacy activists say the EU-U.S. agreement won't stand up to a legal challenge. The Commission on Dec. 13 issued a draft adequacy decision on the EU-U.S. Data Privacy Framework.
In his latest rant, Ian Keller, the Troublemaker CISO, decries lazy and bad coding practices, mistakes CISOs may make and unwarranted CISO-blaming by the media, unanswered requests for more funding and staff - and the epic failures all these can produce when a breach happens, as it inevitably will.
Epic Games, maker of Fortnite, will pay $520 million to the U.S. government to settle allegations it violated children's privacy and charged credit cards without authorization. Epic said its previous practices adhered to "long-standing industry practices" but that "the old status quo" has changed.
The latest edition of the ISMG Security Report discusses how investigators saw the collapse of cryptocurrency exchange FTX as "one of the biggest financial frauds in American history," how CISOs can guard against their own liability, and major security and privacy shifts and the outlook for 2023.
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