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
Breach was reported by RestorePrivacy, according to whose website, the user of a popular hacker forum advertised data from 700 million LinkedIn users for sale on June 22
The customers' data has been put up for sale on a data sharing platform on June 15 and the incident has been reported to Computer Emergency Response Team (CERT) by Technisanct.
The email system is "totally safe and secure", the Ministry of Electronics and IT said
Fast food chain McDonald's has suffered a data breach in the US, South Korea and Taiwan, saying no customer financial information was leaked.
McDonald's has become the latest company to be hit by a data breach after unauthorized activity on its network exposed the personal data of some customers in South Korea and Taiwan.
Here are the best of Business Standard's opinion pieces for Tuesday
Air India's delay in informing customers is inexplicable
Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe. The development comes close on the heels of reports of data breaches at organisations like MobiKwik, Facebook and LinkedIn. "On receipt of e-mails claiming unauthorised access into our database, we have appointed a leading international cyber-security firm to investigate possibilities of breach of some KYC data stored in third-party data warehouse systems. "This morning, hackers put up a sample of our data on the dark web," a company spokesperson said in an e-mailed statement. The spokesperson added that as a proactive measure, the company has initiated multiple security enhancements, particularly at the third-party warehouses, real-time 24x7 monitoring and additional ring-fencing of its network. "As a matter of abundant caution, we have also initiated a secure password reset via OTP for all Up
Here's a selection of Business Standard opinion pieces for the day
India needs an effective privacy law quickly
Year 2020 saw one of the largest numbers of data breaches and the numbers seem to be only rising
If we wish to preserve free and open societies, then we must preserve the privacy and security of our online communications
Payments firm says working closely with requisite authorities to conduct independent audit
RBI likely to initiate independent probe