In the proposed settlement, T-Mobile also agreed to spend an extra $150 million on cybersecurity through the end of 2023.
Telecommunications company T-Mobile has agreed to pay $500 million to settle a class-action lawsuit in a 2021 data breach that impacted nearly 76.6 million users' data in the US
China's internet watchdog on Thursday fined ride-hailing firm Didi Global more than 8 billion yuan ($1.2 billion) following an investigation into the company's cybersecurity practices. The probe found Didi violated China's network security law, data security law and a law protecting personal information, the Cyberspace Administration of China said in a statement. A separate statement explaining the fine said Didi's illegal operations had brought serious national security risks, affecting the country's information infrastructure and data security. Didi's chairman Cheng Wei and president Jean Liu were fined 1 million yuan ($148,000) each as they were held responsible for the company's violations, regulators said. Didi's violations of laws and regulations are serious, and in light of the network security review, they should be severely punished, the statement read. Didi illegally collected nearly 12 million screenshots and 107 million pieces of passengers facial recognition data and
Rattled at the alleged data leak of nearly 1 billion residents, China premier Li Keqiang has stressed data security, calling on government bodies to 'defend information security', the media reported on Friday.
Seventy-eight per cent of the Indian organisations that had data encrypted paid the ransom to get their data back, even if they had other means of data recovery, such as backups
Organisations in the Asia-Pacific region took an average of 33 days to find and eradicate an attack and 11 days to recover from an attack -- totalling 44 days, according to Forrester
Seeks info on lending ops after cases of data breach
Most people share their financial data share their financial information with multiple organisations: from companies to the government
Over the past two years, millions of people throughout Asia-Pacific have started using the Internet for the first time, lifting the region's online population to more than 2.5 billion
The International Committee of the Red Cross says hackers broke into servers hosting its data and gained access to personal, confidential information on more than a half-million vulnerable people
Meta Platforms' Facebook was also fined 60 million euros for the same reason, the CNIL said
A vulnerability at a CDSL subsidiary, CDSL Ventures Limited, has exposed personal and financial data of over 4 crore Indian investors twice in a period of 10 days, according to startup CyberX9.
Data breaches and cyber attacks are expected to grow to large scale with the adoption of digitisation by both businesses as well as consumers, Israel-based cyber security firm Check Point said
A local mobile operator and internet service provider in Singapore on Friday said that hackers have accessed the personal data of its 79,400 subscribers
The fine comes weeks after Amazon.com Inc. was hit with a record 746 million-euro penalty in Luxembourg, where it has its European base
T-Mobile US Inc said on Wednesday an investigation into a data breach revealed that personal data of more than 40 million former and prospective customers was stolen
Nearly 73 per cent of organisations in India expect to experience a data breach that impacts customer data in the next 12 months, a new report showed on Tuesday.
Breaches worldwide cost companies $4.24 million per incident on average, says an IBM study.
India lacks a mechanism for compensation or redress of consumers in such cases, say experts
India-based AI conversational intelligence platform Salesken.ai on Thursday admitted the breach but said that no data was compromised