Facebook has been slammed with the maximum possible fine under U.K. law for "a very serious data incident" that exposed an estimated 87 million Facebook users' personal details to political campaign influence firm Cambridge Analytica.
To comply with GDPR, Facebook has notified Ireland's data privacy watchdog about the massive breach it has suffered, resulting in 50 million accounts being exposed. But Irish authorities have signaled that Facebook has failed to share all of the information they would have expected to see.
Breached businesses in Europe: Brace for more class action lawsuits seeking material and non-material damages filed by victims following mandatory data breach notifications under GDPR, says attorney Jonathan Armstrong. He predicts more breach-related suits will succeed in Europe than in the United States.
Credit bureau Equifax has been hit with the maximum possible fine under U.K. law for "multiple failures" that contributed to its massive 2017 data breach, including its failure to act on a critical vulnerability alert issued by the U.S. Department of Homeland Security.
Attorney Elizabeth Harding clears up confusion about certain provisions of the EU's General Data Protection Regulation, including the issue of when organizations need to obtain a European consumer's consent to process their data.
Less than four months after GDPR enforcement began, Europe has arguably entered the modern data breach notification era. Reports of data breaches continue to increase, and breached organizations now face the specter of class-action lawsuits over material as well as non-material damages.
Should Europe's "right to be forgotten" apply worldwide? That's the focus of a case before the EU's highest court, which has pitted proponents - including Austria and France - against Google, Microsoft and the European Commission, who argue that the EU law provision should only apply in Europe.
Three months after the EU's General Data Protection Regulation went into full effect, the U.K.'s data privacy watchdog says that the number of data protection complaints it has received from individuals has nearly doubled.
Facebook is making substantial investments to improve its data security and privacy practices. But the long-term cost of those investments and impact on the bottom line has spooked investors, leading to a $120 billion loss in market value on Thursday, the largest one-day loss of value for a U.S. traded company.
Under the EU's General Data Protection Regulation, within 72 hours of an organization learning about the data breach, it must report the breach to relevant authorities or face fines. The U.K.'s data privacy watchdog says it's already seen the volume of self-reported breaches quadruple.
Timehop, the social media app that resurfaces older social media posts for entertainment, says its ongoing investigation has revealed that an attacker may have compromised more personal information than it previously suspected over the course of a breach that lasted at least seven months.
The latest edition of the ISMG Security Report features a discussion of California's groundbreaking new privacy law as well as an update on the potential impact of the hacker group responsible for the Ticketmaster breach.
Leading the latest edition of the ISMG Security Report: CipherTrace CEO Dave Jevans discusses recent research on cryptocurrency money laundering and whether regulation is possible. Plus, California passes a new privacy law.