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."
After a long privacy investigation, the U.S. Federal Trade Commission voted to levy a $5 billion fine against Facebook, according to the Washington Post and the Wall Street Journal.
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.
Security researchers have found yet another unsecured database that left personal data exposed to the internet. In this latest case, a MongoDB database containing about 188 million records, mostly culled from websites and search engines, was exposed, researchers say.
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.
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.
A cybersecurity vulnerability discovered in open source software used by organizations conducting genomic analysis could potentially have enabled hackers to affect the accuracy of patient treatment decisions. But the vulnerability was patched before hackers took advantage of it, researchers believe.
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.
When it goes into effect in 2020, the California Consumer Privacy Act will give citizens of that state greater control over their personal data. Ginger Armbruster, the chief privacy officer for the city of Seattle, believes this trend toward greater personal privacy will spread across the U.S.
The California Consumer Privacy Act likely represents the start of a new era of privacy laws designed to protect personal data, says Kelsey Finch of the Future of Privacy Forum.
In today's digital environment, protecting sensitive information and sales transaction data is of critical importance. Tim Horton of First Data explains the concept of "devaluing" data so it's worthless in the event of a breach.
The traditional IAM strategy has been to tie individual users with a unique device. But that doesn't work in healthcare settings, where doctors and nurses often share multiple devices. Jigar Kadakia of Partners HealthCare talks about how he approaches this critical challenge.
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