Tag: breaches
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It’s all in the (lack of) details: 2022’s badly handled data breaches
Data breaches can be extremely harmful to organizations of all shapes and sizes — but it’s how these companies react to the incident that can deal their final blow. While we’ve seen some excellent examples of how companies should respond to data breaches over the past year — kudos to Red Cross and Amnesty for […]
It’s all in the (lack of) details: 2022’s badly handled data breaches by Carly Page originally published on TechCrunch
Why enterprise giants can’t escape cybersecurity breaches
Gemini, Uber data breaches show third-party risk can’t be ignored
Dow Jones Newswires: Australia’s Star Entertainment hit with another big fine over casino breaches
Australia Will Now Fine Firms Up To $33.4 Million for Data Breaches
Previously, the penalty for severe data exposures was AU$2.22 million, considered wholly inadequate to incentivize companies to improve their data security mechanisms. The new bill comes in response to a series of recent cyberattacks against Australian companies, including ransomware and network breaches, resulting in the exposure of highly sensitive data for millions of people in the country. “The Albanese Labor government has wasted no time in responding to recent major data breaches. We have announced, introduced, and delivered legislation in just over a month,” reads the media announcement. “These new, larger penalties send a clear message to large companies that they must do better to protect the data they collect.”
Read more of this story at Slashdot.