Sep 16, 2023THNPrivacy / Technology The Irish Data Protection Commission (DPC) slapped TikTok with a €345 million (about $368 million) fine for violating the European Union's General Data Protection Regulation (GDPR) in relation to its handling of children's data. The investigation, initiated in September 2021, examined how the popular short-form video platform processed … [Read more...] about TikTok Faces Massive €345 Million Fine Over Child Data Violations in E.U.
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Google to Pay $391 Million Privacy Fine for Secretly Tracking Users’ Location
Internet giant Google has agreed to pay a record $391.5 million to settle with 40 states in the U.S. over charges the company misled users about the collection of personal location data. "Google misled its users into thinking they had turned off location tracking in their account settings, when, in fact, Google continued to collect their location information," Oregon Attorney … [Read more...] about Google to Pay $391 Million Privacy Fine for Secretly Tracking Users’ Location
Do You Have Ransomware Insurance? Look at the Fine Print
Insurance exists to protect the insured party against catastrophe, but the insurer needs protection so that its policies are not abused – and that's where the fine print comes in. However, in the case of ransomware insurance, the fine print is becoming contentious and arguably undermining the usefulness of ransomware insurance. In this article, we'll outline why, particularly … [Read more...] about Do You Have Ransomware Insurance? Look at the Fine Print
U.S. Proposes $1 Million Fine on Colonial Pipeline for Safety Violations After Cyberattack
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) has proposed a penalty of nearly $1 million to Colonial Pipeline for violating federal safety regulations, worsening the impact of the ransomware attack last year. The $986,400 penalty is the result of an inspection conducted by the regulator of the pipeline operator's control … [Read more...] about U.S. Proposes $1 Million Fine on Colonial Pipeline for Safety Violations After Cyberattack
Ticketmaster To Pay $10 Million Fine For Hacking A Rival Company
Ticketmaster has agreed to pay a $10 million fine after being charged with illegally accessing computer systems of a competitor repeatedly between 2013 and 2015 in an attempt to "cut [the company] off at the knees." A subsidiary of Live Nation, the California-based ticket sales and distribution company used the stolen information to gain an advantage over CrowdSurge — which … [Read more...] about Ticketmaster To Pay $10 Million Fine For Hacking A Rival Company
Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation
After months of negotiations, the United States Federal Trade Commission (FTC) has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal.The settlement will put an end to a wide-ranging probe that began more than a year ago and centers around the violation of a 2011 agreement Facebook made with the FTC that … [Read more...] about Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation