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Category: Business Sector

Google hit with €50m fine by CNIL for data privacy breach

Posted on January 21, 2019 by Dissent

The Irish Times reports: Google has been fined €50 million for breaking EU privacy laws in the first case of a US tech giant being caught under Europe’s tough new data protection rules. France’s data protection office (CNIL) found the US search engine guilty of breaking EU privacy laws by failing to obtain adequate consent…

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South Africans’ airtime and data stolen through malicious smartphone app

Posted on January 21, 2019 by Dissent

Jamie McKane reports: Mobile technology company Upstream announced earlier this month that it had detected a suspicious weather forecast application which was pre-installed on Alcatel smartphones. The company’s security platform, Secure-D, detected suspicious activity initiated by this application across multiple countries – most notably in Brazil and Malaysia, although South Africa was also affected. The…

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Darknet vendor attempts to sell 100,000 hacked KYC documents from major cryptocurrency exchanges

Posted on January 21, 2019 by Dissent

Oliver Knight reports: A darknet vendor is attempting to sell 100,000 know-your-customer (KYC) documents supposedly stolen from major exchanges including Binance, Bitfinex, Bittrex, and Poloniex. The vendor, who posts on the darknet forum ‘Dread’ under the ‘ExploitDot’ moniker, claims to have obtained details from a security breach of a third-party KYC solution provider. Among the…

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Tinder’s co-founder sued by IAC for data theft

Posted on January 20, 2019 by Dissent

Naomi Lambert reports: Match Group Inc, an online dating company, along with its parent company IAC/InterActive Corp has filed a lawsuit against Sean Rad who is one of the founders of Tinder, a popular dating service of Match Group. Filed in New York state court in Manhattan late on Tuesday, the lawsuit alleged Rad of…

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PH: Cebuana Lhuillier reveals data breach, tells clients to secure accounts

Posted on January 19, 2019 by Dissent

Katrina Domingo reports: Cebuana Lhuillier on Saturday said one of its servers fell victim to data breach incidents that may have compromised personal information of its customers. Among the data that may have been “exposed” were clients’ names, birth dates, email addresses, mobile numbers and in some cases, income information, Cebuana Lhuillier told its clients…

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Facebook may face record-setting fine for privacy breach

Posted on January 19, 2019 by Dissent

The Washington Post reports: U.S. regulators have met to discuss imposing a record-setting fine against Facebook for violating a legally binding agreement with the government to protect the privacy of its users’ personal data, according to three people familiar with the deliberations but not authorized to speak on the record. The fine under consideration at…

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