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SEC tightens data breach response regulation

Bank Automation

The Securities Exchange Commission is setting stricter guidelines on how financial institutions deal with data breaches as cyberattacks climb. The federal watchdog is looking to implement […]

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Post-Data Breach, Ecuador Pushes For Stricter Privacy Laws

PYMNTS

Ecuador ’s government has rushed a draft privacy law to Congress after the nation was hit with a massive data breach impacting more than 20 million people. The researchers informed the Ecuadorean authorities, who closed the breach on Sept. The researchers said they had not stored any of the data or profited from it.

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Data Protection Officers and Their Key Responsibilities

VISTA InfoSec

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established.

CCPA 130
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Facebook must face lawsuit over 29 million-user data breach

Payments Source

failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. Facebook Inc.

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Instacart Denies Reported Data Breach Affecting 280K Users

PYMNTS

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We We take data protection and privacy very seriously.

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Senate Hearing Grills Equifax, Marriott CEOs On Data Breaches

PYMNTS

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. firms were falling victim to online attacks, noting that there were 1,200 data breaches in the U.S.

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Twitter Data Breach Prompts GDPR Investigation

PYMNTS

25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. The DPC has this week opened a new statutory inquiry into the latest data breach it received from Twitter on 8 January, 2019,” the Commission said on its website.