A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax, which in 2017 suffered one of the largest data breaches in history. The minimum cost to Equifax will be $1.38 billion.
Six months after Facebook agreed to a landmark privacy settlement with the U.S. Federal Trade Commission that resulted in a $5 billion fine, a federal judge is still considering objections from advocacy groups that claim the deal doesn't go far enough.
British regulators have fined Dixons Carphone $653,000 for a breach that exposed millions of payment card details and personal data due to point-of-sale malware. The retailer's lack of security contributed to a "careless loss of data," the Information Commissioner's Office says.
Adopting the policies in NIST 800-171 brings multiple security-related benefits, including best practices for data access policies, reduced risk of data breaches and insider threats, and a scalable approach to protecting sensitive data.
The Maze gang crypto-locked Georgia cable and wire manufacturer Southwire's systems and publicly dumped stolen data to try to force it to pay a ransom. In response, Southwire has sued its attackers and obtained a court order in Ireland that knocks the gang's "name and shame" site offline.
While CCPA has drawn the biggest headlines when it comes to new U.S. privacy laws, businesses and consumers should also take notice of New York's SHIELD Act, which goes into effect in March 2020. The law is expected to have impact on Wall Street firms and other financial institutions headquartered in the state.
Wanted: A new chief executive to assume command of Britain's growing National Cyber Security Center, part of GCHQ. As Ciaran Martin departs, the successful NCSC model he helped create is being widely emulated in many countries. But the U.S. remains a notable holdout.
Security leaders in enterprise energy organizations face the challenge of assessing the efficiency of their cybersecurity program, planning proactive risk mitigation, and communicating their posture across all levels of the organization from the Board of Directors to auditors and asset owners.
Read this case study...
Apple and Google have stopped distributing a popular messaging app marketed to English and Arabic speakers called ToTok. The New York Times has reported that U.S. intelligence agencies believe ToTok was developed by the United Arab Emirates government to spy on its citizens. The government bans rival offerings.
One of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by Germany's federal privacy and data protection watchdog, the BfDI, against 1 & 1 Telecommunications, in part for inadequate authentication mechanisms. The company plans to appeal.
The U.S. Federal Trade Commission has sanctioned data analytics firm Cambridge Analytica for misusing Facebook users' personal details as part of voter-targeting campaigns. Just one problem: The firm declared bankruptcy in May 2018. Meanwhile, voter microtargeting continues unchecked.
Your best bet to avoiding the potentially exorbitant costs of a vendor hack is to not have one in the first place. A solid vendor risk management program, backed up by technology, policies, and procedures is the best protection. Good review and audit processes can catch any vendor-related problems before they become...