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Irish DPC Fines Meta $414 Million for GDPR Violations concerning Targeted Ads

Irish DPC Fines Meta $414 Million for GDPR Violations concerning Targeted Ads

Ireland’s Data Protection Commission (DPC) has fined Meta a total of €390 million ($414 million) for its method of getting users to consent to targeted ad campaigns. The first fine relates to its subsidiary Facebook, which amounts to €210 million ($225 million), and the second relates to Instagram, for €180 million ($191 million). The complaint was initially filed in May 2018 in relation to the usage of terms of service to force user consent for targeted ads.

Hive Ransomware Leaks 270,000 Patient Records from LCMH

Hive Ransomware Leaks 270,000 Patient Records from LCMH

The Lake Charles Memorial Health System (LCMHS) in Louisiana has sent out notices to those affected in the latest Hive ransomware attack. The group claimed responsibility for the attack and published the stolen network files on its data-leak site. Though the records published couldn’t be verified, published information includes bills of materials, cards, medical information, papers, scans, and more.

Cybercrime Will Become Uninsurable, Zurich Insurance CEO Warns

Cybercrime Will Become Uninsurable, Zurich Insurance CEO Warns

The CEO of Zurich Insurance, one of Europe’s largest insurance companies, has said that cybercrime could soon become uninsurable, warning that the risks surpassed climate change and pandemics. “What will become uninsurable is going to be cyber,” said CEO Mario Greco, speaking to the Financial Times. “What if someone takes control of vital parts of our infrastructure, the consequences of that?”

Ireland’s DPC Launches Twitter Inquiry after Breach Affects 5.4 Million Users

Ireland’s DPC Launches Twitter Inquiry after Breach Affects 5.4 Million Users

Ireland’s Data Protection Commission (DPC) has launched a Twitter inquiry after a breach affected over 5.4 million users through an API vulnerability. DPC launched the inquiry under section 110 of the Data Protection Act and will look into any General Data Protection Regulation (GDPR) violations. The DPC is one of the foremost Big Tech regulators within the EU, having previously fined both Meta and Twitter for failing to comply with GDPR.

FIN7, the Notorious Cybercrime Group, Seeks to Breach Corporate Networks with Microsoft Exchange

FIN7, the Notorious Cybercrime Group, Seeks to Breach Corporate Networks with Microsoft Exchange

A recent report from Prodaft has unveiled FIN7 as one of the deadliest cybercrime groups on the planet, with a particular emphasis on breaching corporate networks through auto-attack systems that exploit Microsoft Exchange vulnerabilities. Corporate targets are selected based on their financial size, total employees, vulnerability, and other criteria.

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