Australia Passes Bill to Fine Companies up to $50 Million for Data Breaches
By: Ravie Lakshmanan
The Australian government has passed a bill that markedly increases the penalty for companies suffering from serious or repeated data breaches.
To that end, the maximum fines have...
French Electricity Provider Fined for Storing Users’ Passwords with Weak MD5 Algorithm
By: Ravie Lakshmanan
The French data protection watchdog on Tuesday fined electricity provider Électricité de France €600,000 for violating the European Union General Data Protection Regulation (GDPR) requirements.
The Commission nationale...
CyberRatings.org Revives NSS Labs Research
AUSTIN, Texas, Nov. 29, 2022
/PRNewswire/ — CyberRatings.org, the nonprofit entity dedicated to
providing transparency on cybersecurity product efficacy, has launched
The NSS Labs archive, a library of over 800 test reports,...
Critical Quarkus Flaw Threatens Cloud Developers With Easy RCE
A critical remote code-execution (RCE) bug in an open source Java virtual machine (JVM) framework threatens enterprise environments by giving attackers an easy way to compromise development teams —...
New Exploit Broker on the Scene Pays Premium for Signal App Zero-Days
Gray-market exploit brokers are alive and kicking, with the latest sign of this flourishing market coming in the form of a bidding war for Signal messaging app zero-days from...
Serum exchange rendered ‘defunct’ following the collapse of Alameda and FTX
Solana-based decentralized exchange (DEX) Project Serum has notified its community that the collapse of its backers — Alameda and FTX — has rendered it “defunct”. The team behind the...
Fear of ‘angry people’ drove Bankman-Fried to open withdrawals for Bahamians
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian...
Cyberattackers Selling Access to Networks Compromised via Recent Fortinet Flaw
Fortinet customers that have not yet patched a critical authentication bypass vulnerability that the vendor disclosed in October in multiple versions of its FortiOS, FortiProxy, and FortiSwitch Manager technologies...
Irish Regulator Fines Facebook $277 Million for Leak of Half a Billion Users’ Data
By: Ravie Lakshmanan
Ireland's Data Protection Commission (DPC) has levied fines of €265 million ($277 million) against Meta Platforms for failing to safeguard the personal data of more than half...
Acer Firmware Flaw Lets Attackers Bypass Key Security Feature
Acer is working to fix a firmware flaw affecting five of its laptop models. An exploit could allow attackers to disable a machine's Secure Boot settings to bypass key security...
