Data breaches will continue to happen as cyber criminals and state-backed hackers target the protected information held by companies and government agencies
Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history
US judge Lucy said she could not declare the settlement “fundamentally fair, adequate and reasonable” because it did not say how much victims could expect to recover.
Britain's Information Commissioner (ICO) has slapped Facebook with a fine of £500,000, the maximum possible, for its behaviour in the Cambridge Analytica scandal.
The ICO's investigation found that between 2007 to 2014, Facebook processed the personal information of users unfairly by giving app developers access to their information without informed consent.
The fine was the maximum allowed under the law at the time the breach occurred. Had the scandal taken place after new European Union data protection rules went…
CALIFORNIA: Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the 50 million profiles it initially reported.
The company said it would message affected users over the coming days to tell them what type of information had been accessed in the attack.
The breach has left users more vulnerable to targeted phishing attacks and could…
SAN FRANCISCO: Uber Technologies Inc will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing company has suffered.
The settlement with 50 U.S. states and Washington, D.C. brings closure to one of several high-stakes legal battles Uber is seeking to resolve before an initial public offering next year, while also delivering a national rebuke against Uber’s history of flouting laws and basic business…
SAN FRANCISCO: Uber Technologies has settled with the top legal officers in all 50 US states over a massive data breach that the company failed to disclose in 2016, resolving one of the more catastrophic embarrassments that have engulfed the ride-hailing company over the last couple of years.
State attorneys general said on Wednesday that Uber will pay a fine of $148 million, to be distributed in varying amounts across the states and Washington, D.C..
The settlement follows a 10-month investigation into a data breach…
CALIFORNIA: British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica following reports that the company may have improperly gained access to data on 50 million Facebook users, according to reports.
The move came as U.S. and European lawmakers demanded an explanation of how the consulting firm, which worked on President Donald Trump's election campaign, gained access to the data. In the U.S., members of Congress called on Facebook CEO Mark Zuckerberg to testify…