The Clop ransomware group may well be the next in law enforcement crosshairs, as the US Department of State has authorized a $10 million bounty on information about the group under its "Reward for Justice" program.
Twitter has in recent years has begun periodically requiring phone number checks for "account security." What users have not always been aware of is that these items have been added in to Twitter's internal personalized advertising system.
Failure to strictly follow children's privacy laws on the Xbox Live gaming service is about to cost Microsoft a substantial amount of money, as the company has settled a FTC case with a $20 million fine for inappropriate collection and storage of personal data.
Meta is facing a $220 million fine in Nigeria under data protection laws passed in 2023, the first major fine for the company in the region. The fine follows an extensive investigation that lasted 38 months, dating back to well before the current Data Protection Act was signed into law.
An audit report reveals the Truebit crypto hack was caused by a relatively simple overflow vulnerability, one that allowed an attacker to abscond with the equivalent of $26 million from the Truebit Protocol.
Google is potentially facing a $5 billion fine for privacy violations by collecting data without consent when users are in "private browsing" mode.
Hack of crypto exchange CoinEx's hot wallets has led to a loss of about $70 million in assorted asset types. The data breach was reportedly caused by compromised private keys suspected to be stolen by North Korea's Lazarus group.
The Inferno Drainer malware that plagued the crypto world throughout 2023 ultimately compromised about 130,000 victims and stole about $87 million in total, according to a new report from Group-IB. It was part of a broader movement of "crypto drainer" services that some security experts believe is poised to become the next big thing in cybercrime in 2024.
The fine centers on TikTok's failure to police underage users that sneak onto the platform, and collection and use of children's data without required parental consent. ICO says that TikTok should have been aware of some one million underage users.
The GDPR fine was sparked by a round of media reports in early 2021 documenting how the personal data of over 530 million Facebook users was left open to data scraping for an extended period thanks to faults in certain tools.
