Anonymous officials from the Biden administration have told the New York Times that Chinese malware has been planted in the networks that control the critical infrastructure of military bases. The "ticking time bomb" could potentially cripple military systems in the event of a conflict between the two countries.
Senior Correspondent at CPO Magazine
Scott Ikeda is a technology futurist and writer for more than 15 years. He travels extensively throughout Asia and writes about the impact of technology on the communities he visits. Over the last 5 years, Scott has grown increasingly focused on the future landscape of big data, surveillance, cybersecurity and the right to privacy.
Info stealers are increasingly finding their way into corporate environments, possibly as a result of increased blurring of personal and work devices. Report finds that some 400,000 employee logins are available for sale on dark web sites and illicit Telegram channels.
Meta is facing a total of $20 million in fines in Australia due to misleading consumers about personal data usage. Facebook Israel and VPN service Onavo Protect promised to keep user data private and safe, but were sharing collected personal information with Meta for use in its targeted advertising systems.
The lone strong biometric privacy law in the United States has struck again, this time taking $68.5 million from Instagram in a settlement for a class action first filed nearly three years ago.
The damage tally from the massive MOVEit data breach continues to go up, as a US government contractor is reporting that 8 to 11 million records of health data have been exposed.
WhatsApp accounts could be deactivated simply by sending a request from any email address, so long as the attacker knew the associated phone number. Going forward, the account deactivation process now involves a follow-up message that requests verification of ownership of the associated phone number.
After being pulled into an early July meeting with regulators over uncompetitive savings rates, some UK banks are now blaming data protection laws for consumer financial woes, claiming that rules forbid them from communicating better options to customers.
Average cost of data breach has once again hit a new record to $4.45 million, up 15.3% just from 2020. Yet only 51% of organizations that have suffered a breach plan to increase security spending.
New rules voted in by the SEC last week require all publicly traded companies to report any cybersecurity breaches that could cause a material impact within four days. Timer doesn't start until the company determines that the breach could be material.
For every day that Meta remains out of compliance during the 90-day period, it will be assessed the equivalent of $100,000. The fine period would run until the end of October, and should Meta be out of compliance for the full duration it would end up paying a total of $9 million.










