Bulgaria’s DSK Bank, a unit of Hungary’s OTP Group, has been fined 1 million levs ($569,930) for a data breach that affected over 33,000 clients, the country’s Commission for Personal Data Protection said.
Hy-Vee, a chain of more than 245 supermarkets located throughout the Midwestern United States, is conducting an investigation into a data breach incident involving payment processing systems that is focused on transactions at some Hy-Vee fuel pumps, drive-thru coffee shops and restaurants.
Capital One, the second largest auto finance company in the United States, operates a Responsible Disclosure Program where researchers can disclose potential vulnerabilities via email.
The Premera Blue Cross data breach lawsuit, which alleges that due to Premera's practices, cyberattackers were able to gain access to the personal information of 10.6 million individuals, including names, addresses, dates of birth, Social Security numbers, protected health information, telephone numbers, and the names of employers, has been settled.
A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to more than $5 trillion in 2024, an average annual growth of 11%.
In our digital economy, data is the key to smooth functionality of everything from the government to small local companies. Without data, progress would grind to a halt. And the more sources of data you can mine, and the more data streams you can blend, the greater the value. Therefore, as more and more devices are brought online and integrated with others, the value of data only continues to grow.
Eighty percent of surveyed small and medium-sized businesses (SMBs) rank IT security as a top business priority, with 29 percent spending less than $1,000 on IT security annually, according to a new Untangle 2019 "SMB IT Security Report".
