We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
With the number of high-profile data breaches growing, like the Yahoo and Equifax hacks as two examples, more and more businesses are aware that they’ll probably suffer one sooner or later.
However, even though they’re aware of the risks and the possibility of an imminent attack, a lot of businesses reportedly don’t know where to start in terms of data security and how to react when a breach does happen.
This is worrying…
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It’s now 2018. To many of us the internet is so important in our day-to-day lives it’s on the same level as eating and drinking. In just a few decades, we’ve gone from a screeching dial-up connection to super-fast Wi-Fi broadband (though not always quite fast enough) to meet with our ever-increasing online demands.
Technology is still developing at an alarming rate to allow us to do almost anything efficiently, accurately and even remotely. However, that isn’t to say that these technological advancments are perfect. Whilst we encourage new technology to allow us to make video calls with our grandparents half way across the globe and to send money with a swipe of our phones, cybersecurity is still lagging behind.
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Data leak and data breach compensation is a fairly new area of law. It’s definitely still within its infancy, but as the digital age continues to grow, it’s never been more relevant than now.
Data leaks and data breaches are happening all the time. Go back 20-years and we were still very much reliant on paper, but nowadays, I’m sure almost all office workers are sat in front of a computer that’s connected to a network and the internet.
This hugely expansive ability to connect, coupled with the growth in the use of digital information, has led to a time where leaks and breaches really are a continual problem, and people need to know what their rights are as a victim of a data leak or a data breach.
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In a world where millions of files can be transferred in mere seconds at the click of a button, it’s hard to keep on top of who knows what these days. With today’s ever-advancing technology, one photograph can go viral on a worldwide scale in a matter of minutes.
For those of us who prefer our most personal information to not be broadcast and shared with the world, it can be difficult to keep it private nowadays. The Data Protection Act (DPA) helps with this since it came into force in 1998, and it tells us that, in England and Wales, personal information must be protected and tightly controlled.
Any misuse of private information can be punishable.
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Data breaches have become the talk of the town in the privacy world for decades. The apparent lax attitude of some companies and organisations appears to have resulted in data breach costs soaring.
The 2016 Cost of Data Breach Study, undertaken by Ponemon and IBM, found that the average total cost of a data breach increased from £2.37 million in 2014 to £2.53 million in 2015.
And we can only see it growing and growing…
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A data breach is the intentional or unintentional release of secure or private/confidential data by, say, employees, cyber-hackers, political activists or national governments.
The Information Commissioner’s Office (ICO) is the U.K.’s independent privacy watchdog who have the responsibility of upholding information rights for the benefit of the public interest. Though there isn’t a legal responsibility on companies and/or organisations to report all data security breaches, it’s considered good practice to do so.
Here’s a look at some of the recent data security incident trends from the ICO.
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Data breaches are not always the work of outside hackers. In this, and many other cases, employees are guilty of causing the breaches.
It’s a point that must be reiterated as some people are unaware of the actual statistics. In one example, a former employee took more than 10,000 records with him when he left a company in November 2015 triggering a breach of monumental proportions.
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Data breaches highlight the importance of consumer worry over their personal data being sprawled all over the World Wide Web.
It sounds daunting, but it can have an irreversible impact on individuals. Recent reports show that they could leave their suppliers in the event of a data breach, and with breaches being on the rise, this could really have an effect on the way the markets are for business and competition
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Data breaches have been on a general upward trend since the huge growth of technological devices.
As we continue developing the digital era – where the use of technology is seen as the norm – data breaches are also becoming the norm too.
Data breaches have affected companies of all sizes due to the increasing reliance on digital data and using technological devices for convenience. With confidential and sensitive data stored on machines or cloud connections, it’s become easier to breach data through breaking in to networks.
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Data breaches have been on an upward rise for as long as I can remember, and the Target breach back in December 2013 was a part of that trend.
Between 27 November and 15 December 2013, U.S. retailer Target was subject to one of the biggest hacks that the industry has seen. Around 40 million customers’ credit/debit card information was breached; 70 million customer records were stolen; 1 to 3 million cards were sold and used in fraudulent transactions; £163 million was spent on reissuing cards that were compromised; and an estimated £46.8 million went straight into the cyber-criminals’ pockets. Monumental!
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EasyJet admits data of nine million hacked
British Airways data breach: How to claim up to £6,000 compensation
Are you owed £5,000 for the Virgin Media data breach?
Virgin Media faces £4.5 BILLION in compensation payouts
BA customers given final deadline to claim compensation for data breach
Shoppers slam Morrisons after loyalty points stolen
Half a million customers can sue BA over huge data breach
Lawyers accuse BA of 'swerving responsibility' for data breach
The biggest data breaches of 2020
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