UniCredit says personal data of 3 million customers was compromised
Italian global banking and financial services giant UniCredit has announced that its cybersecurity team has identified “a data incident” that resulted in the …
Cybercrime is maturing, shifting its focus to larger and more profitable targets
Cybercrime is continuing to mature and becoming more and more bold, shifting its focus to larger and more profitable targets as well as new technologies. Data is the key …
Companies vastly overestimating their GDPR readiness, only 28% achieving compliance
Over a year on from the introduction of the General Data Protection Regulation (GDPR), the Capgemini Research Institute has found that companies vastly overestimated their …
Organizations continue to struggle with privacy regulations
Many organizations’ privacy statements fail to meet common privacy principles outlined in GDPR, CCPA, PIPEDA, including the user’s right to request information, to …
How fraud prevention tech can save banks €10M a year
A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the …
When will the GDPR pot boil over? It’s sooner (and different) than you think
There’s an old saying that a watched pot never boils. In reality, the sauce in that pot is heating up in a way we can’t quite see yet. After the major compliance ramp by …
Current methods for anonymizing data leave individuals at risk of being re-identified
With the first large fines for breaching GDPR upon us, even anonymized datasets can be traced back to individuals using machine learning, researchers from University of …
German banks to stop using SMS to deliver second authentication/verification factor
German banks are moving away from SMS-based customer authentication and transaction verification (called mTAN or SMS-TAN), as the method is deemed to be too insecure. …
British Airways is facing £183 million fine for 2018 data breach
The UK Information Commissioner’s Office (ICO) wants British Airways to pay a £183.39 million (nearly $230 million) fine for failing to protect personal and financial …
Where are organizations stalling with cybersecurity best practices?
UK organizations are failing to make progress towards strong cybersecurity and are facing paralysis as cybercriminals become more advanced, according to NTT Security. …
Eurofins ransomware attack affected UK police work
Eurofins, a global provider of scientific testing services, said on Monday that operations are returning to normal after the recent ransomware attack, but that its impact on …
Regulation readiness: Embracing the privacy legislation wave ahead
There are a few certainties in life. Your attempt to use the fifteen-item express checkout line with sixteen items will be denied by the seventeen-year-old cashier. The …