July 4, 2024 at 03:11AM Brazil’s data protection authority, ANPD, has temporarily banned Meta from using users’ personal data to train AI algorithms due to inadequate legal basis, lack of transparency, and risks to children. Meta must comply within five days or face fines. This mirrors pushback in the EU over AI training data. The … Read more
May 22, 2024 at 04:08PM Canadian pharmacy chain London Drugs confirmed that ransomware criminals stole corporate files, forcing closure of 79 locations. No patient or customer data compromise. Perpetrators demand $25 million, claim London Drugs offered $8 million. Company refuses to pay ransom and promises employees two years of credit monitoring. Ransomware crew LockBit disrupted … Read more
May 21, 2024 at 05:26PM The LockBit ransomware gang claimed responsibility for the cyberattack on Canadian pharmacy chain London Drugs and threatened to publish stolen data after failed negotiations. London Drugs confirmed that no customer or employee data was impacted and stated they will not pay the ransom. LockBit has a history of targeting high-profile … Read more
April 29, 2024 at 01:20PM Canadian pharmacy chain London Drugs has closed all retail stores due to a cybersecurity incident. The company is investigating the cyberattack, and has hired external experts to assist in containment and investigation. London Drugs stated that it found no evidence of customer or employee data being impacted, and is advising … Read more
January 30, 2024 at 06:12AM The Italian data protection authority has accused OpenAI of violating GDPR laws regarding ChatGPT’s data collection, leading to a 30-day response window. Similar concerns arise with Google’s Bard chatbot, while Apple opposes proposed U.K. Investigatory Powers Act amendments, citing threats to user privacy and security updates. This ongoing issue highlights … Read more
January 29, 2024 at 10:06AM The rise of cloud migration, AI, and machine learning has accelerated data usage and storage, prompting heightened awareness of data security in 2023. Notably, the MOVEit breach affected over 62 million individuals, while the Indian Council of Medical Research and 23andMe breaches exposed significant data and heightened sensitivity. Accountability and … Read more
January 19, 2024 at 05:24PM In 2024, CISOs are facing increased personal and legal responsibility for data breaches, particularly due to new SEC regulations. To protect themselves, they should create a system record, define “materiality,” speak to the board in financial terms, participate in cyber insurance negotiations, and monitor emerging privacy threats. Managing third-party risks … Read more
January 12, 2024 at 02:34AM Most people at CES are uncomfortable with car manufacturers sharing their data with third parties, with 72% expressing discomfort. Many are unaware of the extent of data collection by their cars. However, there is a willingness to trade personal data for driver personalization and better insurance rates, suggesting a need … Read more
January 2, 2024 at 10:57AM In 2024, companies will face significant challenges in data security, protection, and compliance. Governments are tightening regulations and enforcing data protection laws, impacting companies globally. The rush to regulate AI and the complexities of data localization pose additional challenges. Businesses need to adapt to evolving regulations and technological landscapes to … Read more