The U.S. Justice Department and the Federal Trade Commission officially announced a privacy settlement with Facebook that includes a record-setting $5 billion fine. As part of the agreement, CEO Mark Zuckerberg must submit quarterly and annual reports to show that the company is in compliance with the FTC order.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
The list of laboratories and other healthcare clients affected by the data breach at American Medical Collection Agency continues to grow - as does the number of patients whose data may have been exposed. Here's the latest tally.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.
Authorities in the Netherlands recently levied a $516,000 fine under the General Data Protection Regulation against a hospital in the Hague in connection with a data breach involving "dozens" of staffers who snooped on the electronic medical records of a celebrity.
The impact of the massive American Medical Collection Agency data breach continues to grow. At least two more laboratories have said their patients' data was potentially compromised by the breach. Meanwhile, court filings accuse AMCA of a lack of "cooperation and transparency" in the wake of the incident.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
The latest edition of the ISMG Security Report analyzes the significance of fines against British Airways and Marriott for violations of the EU's GDPR. Also featured are discussions of California's privacy law as a model for other states and the next generation of deception technologies.
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
Health insurer Premera Blue Cross has signed a $10 million HIPAA settlement with the attorneys general of 30 states in the wake of a 2014 data breach that exposed personal information on more than 10.4 million individuals nationwide.
The relationship between American Medical Collection Agency and its laboratory clients affected by the company's data breach will be closely examined as breach-related lawsuits progress, says attorney Paul Hales, a HIPAA specialist, who explains why.
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.