Customer accounts are an integral tool to help merchants foster customer loyalty. But when login credentials are compromised, they present a unique opportunity for fraudsters to commit CNP fraud and steal customer PII. In 2018 alone, Account Takeover attacks resulted in over $11 billion in losses.
The fallout from...
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.
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.
Italy's data protection regulator has slapped a $1 million fine on Facebook for mismanaging user data and precipitating the Cambridge Analytica debacle. But that pales by comparison to the the fine that's reportedly still being weighed by the U.S. Federal Trade Commission.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.
The extra-territorial scope of GDPR, and many other regions introducing new data protection and privacy requirements such as The California Consumer Privacy Act (CCPA), means it is essential that privacy decision makers understand the need to have a common approach to dealing with regulations - instead of addressing...
Third-party risk has emerged as one of 2019's top security challenges, and the topic was the focus of a recent roundtable dinner in Charlotte. RSA's Patrick Potter attended that dinner and shares insight on how security leaders are approaching this aspect of digital risk management.
Data breaches, incident response and complying with the burgeoning number of regulations that have an information security impact were among the top themes at this year's Infosecurity Europe conference in London. Here are 10 of the top takeaways from the conference's keynote sessions.
Online invitation site Evite has been hacked and information on an unspecified number of users stolen. In a data minimization fail, the breach apparently dates from earlier this year, but it's been tied to "an inactive data storage file associated with Evite user accounts" from before 2014.
One year after the EU's General Data Protection Regulation went into full effect, data protection experts gathered at the European Data Protection Summit in London to review the state of privacy - not just in the U.K. and Europe but across the world. Here are eight takeaways.
One year after Europe's tough new GDPR privacy law went into full effect, authorities in Britain have seen the number of annual data breach notifications more than quadruple. Meanwhile, the number of data protection complaints filed by Europeans has doubled.
Why do so many data loss prevention projects either stall or de-scope? Why with significant industry expenditures in the space do we continue to experience record-breaking instances of data breaches and exfiltration? What are the latest methodologies and technologies security and privacy executives should consider to...
Nearly one year after the EU's new privacy law came into effect, the U.K.'s National Cyber Security Agency continues to assist organizations that suffer cybersecurity attacks. Both NCSC and law enforcement agencies this week emphasized that they will never report breach victims to privacy watchdogs.
Facebook has set aside $3 billion from its first quarter profit to pay for what is likely to be a record-breaking fine from the U.S. Federal Trade Commission. But will mega-fines lead to the reform of tech giants' questionable privacy and security practices?