After losing millions to the 2021 ransomware attack that cut off fuel to parts of the United States, Colonial Pipeline may be facing more financial damage if a fine proposed by the DOT holds up.
The WeChat privacy questions stem from numerous users posting logins from unknown devices to their accounts, sometimes at very late and odd hours. Users are speculating about Chinese law enforcement inspecting accounts using some sort of a backdoor.
Recent SWIFT report shows an evolution of cyber threats to international payment flows with cyber criminals becoming increasingly sophisticated in evading detection when carrying out fraudulent payment transactions.
After the breach of Kaseya and thousands of clients downstream from it by REvil ransomware, the perpetrators disappeared abruptly but Kaseya appears to have received a decryption key nearly three weeks into the attack.
New ‘European cloud’ project Gaia-X will provide a platform for businesses to search for data storage providers that comply with Europe's data protection laws.
Fortune 500 companies continue to demonstrate extreme wariness of AI chatbots and similar AI tools in the workplace, as Apple has banned employees from using ChatGPT on work devices.
South Korea's Meta fine comes as the result of a four-year investigation into Facebook's data collection practices between 2018 and 2022. Meta was found to have collected user information about sexual orientation, political views and religion among other items.
CNIL has hit Apple's App Store with a fine of €8 million over its ad personalization practices, taking it to task for not properly collecting consent and making the process of opting out too indirect.
Proposed Secure Data Act wants to forbid government agencies from demanding for encryption backdoors. This is a positive move but will it resolve the security vs. privacy debate?
In what is shaping up to be a major test case for the entire cyber insurance industry, Zurich Insurance is refusing to pay out a $100 million claim from Mondelez, saying that the ransomware attack was actually an act of “cyber war,” and therefore, is not covered by the policy.
