News
Cyberattacks led to £44 billion in damages in the last five years for UK businesses
Cyberattacks have cost British businesses around £44 billion, or approximately €52.7 billion, in the last five years. By implementing simple cybersecurity measures, companies could reduce the costs of cyberattacks by 75% or £30 billion, roughly €36 billion.
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Amazon facing EU investigation into favoring its own products
Amazon is most likely going to be Brussels’ next subject of an investigation. The European Commission is looking into whether the retailer favors its own products on its online marketplace.
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Italian DPA fines local food delivery service company for tracking drivers’ location
The Garante per la Protezione dei Dati Personali (GPDP) has imposed a sanction of € 5 million to Foodinho, a local food delivery service company that’s owned by DeliveryHero, for unlawfully processing personal data of more than 35,000 drivers.
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Rumor: ‘OpenAI is considering developing its own web browser’
OpenAI, the company behind artificial intelligence (AI) chatbot ChatGPT, is thinking of creating a web browser of its own.
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UK government aiming to build a safer online world for children
The UK has launched a study to explore the effects of smartphones and social media use on children. The goal is to formulate an evidence-based plan to create a better online experience for children.
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Finastra launches investigation into data breach
Finastra, a London-based financial software company, has confirmed it’s investigating a data breach after a hacker claimed to have exfiltrated corporate data.
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Australia faces more and more cyberthreat challenges than ever
Advancements in critical and emerging technologies offer significant social and economic benefits, it also enlarges the number of ways malicious threat actors can use to attack digital systems and disrupt Australia’s critical infrastructure.
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Reuters: ‘Sony is interested in buying Elden Ring parent company Kadokawa’
Allegedly, Sony is in talks with the Japanese media company Kadokawa to acquire it and add its intellectual property to its entertainment portfolio.
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Threat actors claim to have breached Ford
Two hackers claim to have stolen 44,000 customer records from the Ford Motor Company. The Michigan-based car manufacturer says it’s ‘actively investigating’ the incident.
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Schrems: ‘Data protection authorities must enforce GDPR more strictly’
European privacy regulators must enforce the General Data Protection Regulation (GDPR) more rigorously, as violating privacy laws has little to no consequences.
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KPN opens first GenZ store with no personnel
Last week, the Dutch telecom operator KPN opened a physical store in Den Helder without any staff members to see if this is the way customers want to shop.
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T-Mobile acknowledges it was part of recent data breaches
T-Mobile was one of the telecom operators that was recently attacked by Chinese state-sponsored hackers in a cyber espionage operation.
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Jack Teixeira sentenced to 15 years in prison for leaking classified documents
22 year old former Massachusetts Air National Guard member Jack Teixeira was sentenced to 15 years in prison for leaking classified military documents.
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Meta offering ‘less personalized ads’ for European Facebook and Instagram users
Meta has announced it’s going to offer European Facebook and Instagram users an option for ‘less personalized ads’. Furthermore, the company is lowering the price of a paid subscription without ads.
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European Commission urges Apple to stop illegal geo-blocking practices
The Consumer Protection Cooperation Network and the European Commission have notified Apple of several potentially illegal geo-blocking practices on several Apple Media Services, including the App Store, Apple Arcade, Music, iTunes Store, Books and Podcasts.
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OpenAI’s VP of Research and Security resigns, feels ready to ‘reset’
Lilian Weng, Vice President of Research and Security at OpenAI, has decided to leave the company and ‘explore something new’.
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Telegram sharing data with Dutch Public Prosecution Service
For the very first time, Telegram has shared suspects’ data with the Dutch Public Prosecution Service.
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Dutch National Police: ‘Hackers probably used pass-the-cookie attack in recent data breach’
The massive data breach at the Dutch National Police, in which work-related and personal information of approximately 65,000 police officers was stolen, was most likely caused by a so-called pass-the-cookie attack.
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Nokia confirms hack at third party vendor
Investigation showed that the hacker responsible for the data breach at Nokia has leaked a source code, but it belongs to a third party developer and doesn’t contain any Nokia code.
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Schneider Electric acknowledges data breach, 40GB of corporate data allegedly stolen
French multinational company Schneider Electric confirms that a threat actor was able to gain access to the company’s network and steal sensitive corporate data.
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