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4 Times Data Regulators Slapped High Penalties in 2020

Apart from information leaks and reputation damage, data breaches cause a huge financial impact on organizations globally. Ever since the General Data Protection Regulation...

Equifax Settles Indiana Lawsuit Over Data Breach for $19.5 Mn

Atlanta-based consumer credit reporting agency Equifax has agreed to pay the State of Indiana $19.5 million to settle a class-action lawsuit, brought forward by...

How Small Businesses Can Protect Themselves from Cyberattacks

When most people think of cyberattacks, major data breaches at humongous companies like Equifax and Yahoo!, typically come to mind. This is perfectly understandable,...

Canadians Neglect Personal Data Security: Equifax Reports

Most individuals in Canada think they’re not vulnerable to identity thefts and neglect checking credit reports that help detect fraud, a recent consumer survey...

U.S. Indicts Four Chinese Hackers Over 2017 Equifax Data Breach

The U.S. Department of Justice pressed charges against four Chinese nationals for hacking the Atlanta-based credit reporting agency Equifax in 2017. The four hackers,...

Data Privacy Day 2020: Five Learnings from the Past

This Data Privacy Day 2020, we urge individuals and organizations around the world to learn from the fallout of the mega-breaches of the recent...

Equifax to Pay US$380.5 Million to Settle Class-Action Lawsuit

Atlanta-based consumer credit reporting agency Equifax has agreed to pay US$380.5 million to settle a class-action lawsuit, brought forward by the U.S. Federal Trade...

6 Times Data Regulators Churned Out High Penalties in 2019

By Rudra Srinivas Data breaches and security incidents are becoming increasingly expensive. The risk of data breaches got higher after introducing the European Union’s General...

Breach aftermath: Former Yahoo, Equifax CEOs to testify at Senate hearing

After suffering from massive data breaches, the embattled Equifax and Yahoo former chief executive officers are all set to testify at the Senate hearing...

Equifax temporarily loses contract worth $7.25 million with IRS

Amid the second malware incident, the credit reporting agency Equifax on October 12, 2017, temporarily lost a fraud prevention contract worth $7.25 million with...