A prolific hacker who carried out phishing scams against hundreds of companies worldwide has been ordered to pay back more than $1.1 million (over £922,000) worth of cryptocurrencies to his victims.Grant West, a 27-year-old resident of Kent, England, targeted several well-known companies around the world since 2015 to obtain the financial data of tens of thousands of customers … [Read more...] about Hacker Ordered to Pay Back Nearly £1 Million to Phishing Victims
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Apple will now pay hackers up to $1 million for reporting vulnerabilities
Apple has just updated the rules of its bug bounty program by announcing a few major changes during a briefing at the annual Black Hat security conference yesterday.One of the most attractive updates is…Apple has enormously increased the maximum reward for its bug bounty program from $200,000 to $1 million—that's by far the biggest bug bounty offered by any major tech company … [Read more...] about Apple will now pay hackers up to $1 million for reporting vulnerabilities
Equifax to Pay up to $700 Million in 2017 Data Breach Settlement
Equifax, one of the three largest credit-reporting firms in the United States, has to pay up to $700 million in fines to settle a series of state and federal investigations into the massive 2017 data breach that exposed the personal and financial data of nearly 150 million Americans—that's almost half the country.According to an official announcement by the U.S. Federal Trade … [Read more...] about Equifax to Pay up to $700 Million in 2017 Data Breach Settlement
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