#RegulatoryFines

Uber fined $325 million for moving driver data from Europe to US

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August 26, 2024 at 12:32PM The Dutch Data Protection Authority fined Uber Technologies Inc. and Uber B.V. €290,000,000 ($325 million) for GDPR violations. Based on the meeting notes, the Dutch Data Protection Authority has imposed a significant fine of €290,000,000 ($325 million) on Uber Technologies Inc. and Uber B.V. for GDPR violations. Full Article

Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery

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April 23, 2024 at 06:34AM According to research by Cybersecurity Ventures, global cybercrime is projected to cost 10.5 trillion USD annually by 2025, a sharp rise from 3 trillion USD in 2015. The true financial impact goes beyond immediate costs, including revenue loss, strained relationships, regulatory fines, increased insurance premiums, and the indirect costs of … Read more