Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
More than two years after Europe's tough new General Data Protection Regulation came into full effect, EU privacy watchdogs are finding more consensus, and consumers have been benefiting, experts say. But how regulators apply sanctions, in particular, remains a work in progress.
For the first time, a U.S. technology firm has been fined under the EU's General Data Protection Regulation. Ireland's Data Protection Commission on Tuesday hit social media giant Twitter with a $547,000 fine for failing to report and document a data breach within 72 hours, as required under GDPR.
Although IT and Security teams shoulder the responsibility of many mission-critical tasks in organizations, they often are not aligned under a unified strategy. To assess how a common IT and security strategy can break down silos across the two teams, VMware commissioned Forrester to survey 1,400+ manager level and...
Japanese computer game company Capcom acknowledged this week that a November security incident was a Ragnar Locker ransomware attack that resulted in about 350,000 customer and company records, including sales and shareholder data, potentially being compromised.
Inadequate database and privileged account monitoring, incomplete multifactor authentication and insufficient use of encryption: Britain's privacy regulator has cited a raft of failures that contributed to the four-year breach of the Starwood guest reservation system discovered by Marriott in 2018.
California voters passed Proposition 24, the California Privacy Rights Act, on Nov. 3, which expands upon the recently activated California Consumer Privacy Act specifically when it comes to enforcement and how businesses handle personal data.
Large, recently levied privacy fines against the likes of British Airways, H&M and Marriott show regulators continuing to bring the EU's General Data Protection Regulation to bear after businesses get breached. But in the case of Marriott and BA, were the final fines steep enough?
In 2020, trust is crucial. A huge amount of work goes into building a brand and maintaining loyalty, but when data breaches happen, trust evaporates quickly. Eighty-one percent of consumers have said they would stop doing business with brands online after a breach.
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In today's IT environment, one of the biggest risks to a corporation's valuation is a security breach. Security Vendors make wide claims about the effectiveness of their products - making it almost impossible to identify the right vendor for your security needs.
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Breaches are all too common today as determined cyber criminals have become better organized and more targeted in their attacks. In many cases, a C-level executive loses their job as a result. That doesn't have to be you or your organization.
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Privacy regulators in Germany have slammed clothing retailer H&M with a $41 million fine for collecting and retaining private employee data in violation of the EU's General Data Protection Regulation. H&M has apologized, instituted changes and promised to financially compensate employees.
What's one of the worst things that can happen during a pandemic? The answer is anything that gives people less reason to trust in their public health system to handle the crisis. Enter a data breach that has exposed personal information for everyone who's ever tested positive for the disease in Wales.
The number of individuals affected by the May ransomware attack on cloud-based software vendor Blackbaud continues to soar. And breach reports tied to the incident now total over 170, according to one estimate.