Showing only posts tagged Business. Show all posts.

Australia to consider European-style right to be forgotten privacy laws

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Attorney general promises ‘whole range’ of modernisations of the Privacy Act to follow new customer data protection laws Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails, free app or daily news podcast The right to be forgotten and a right …

TikTok tells European users its staff in China get access to their data

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Privacy policy update confirms data of continent’s users available to range of TikTok bases including in Brazil, Israel and US TikTok is spelling out to its European users that their data can be accessed by employees outside the continent, including in China, amid political and regulatory concerns about …

Outsourcer Interserve fined £4.4m for failing to stop cyber-attack

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Watchdog says phishing email enabled hackers to steal personal information of 113,000 employees Britain’s data watchdog has fined the construction group Interserve £4.4m after a cyber-attack that enabled hackers to steal the personal and financial information of up to 113,000 employees. The attack occurred when …

Anthony Albanese says ‘Optus should pay’ for new passports for data breach victims

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Push comes day after states suggest telco will pick up multi-million dollar tab for replacing driver’s licences of affected customers Get our free news app, morning email briefing or daily news podcast The federal government has demanded Optus pay for new passports for customers caught up in the …

Purported Optus hacker releases 10,000 records including email addresses from defence and prime minister’s office

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Optus CEO says federal police are ‘all over’ post with ultimatum demanding $1m within four days after massive data breach Purported Optus hacker releases 10,000 records including from defence and prime minister’s office Follow our Australia news live blog for the latest updates Get our free news …

Optus cyber-attack could involve customers dating back to 2017

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CEO says company has not yet confirmed how many people were affected by hack, but 9.8 million was ‘worst case scenario’ Get our free news app, morning email briefing or daily news podcast Optus customers dating as far back as 2017 could be caught up in the massive …

Optus data breach: who is affected, what has been taken and what should you do?

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After a malicious cyber-attack, customers of Australia’s second-largest telco are advised they could be at risk of identity theft Get our free news app, morning email briefing or daily news podcast Australia’s second-largest telco, Optus, has suffered a massive data breach, with the personal information of potentially …

Users of biggest NFT marketplace warned over phishing after data leak

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OpenSea tells customers and subscribers not to open emails and files ‘sent by strangers’ after revealing breach The world’s biggest marketplace for non-fungible tokens (NFTs) has warned its users to be on the alert for email phishing attacks following a massive data leak. OpenSea, where traders exchange the …

The new PPI? Claims firms turn their fire on data breaches

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People are being told they are entitled to compensation as more companies move into the industry Claims companies and law firms looking for the next bonanza in payouts are targeting people who have been the victim of a data breach, with some telling those affected they could be entitled …

At least 13 phone firms hit by suspected Chinese hackers since 2019, say experts

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LightBasin hackers were able to obtain subscriber information and call metadata, says CrowdStrike At least 13 phone companies around the world have been compromised since 2019 by sophisticated hackers who are believed to come from China, a cybersecurity expert group has said. The roaming hackers – known as LightBasin – were …

Nuisance calls could lead to multimillion-pound fines in UK

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Ministers considering bringing punishment in line with GDPR, which can issue fine of up to £17.5m Multimillion-pound fines could be imposed for nuisance or fraudulent calls and texts under a proposed overhaul of the UK’s data rules. Companies behind nuisance communications can be fined £500,000 by …

CCTV firm in Hancock scandal worked at military research lab and bases

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Exclusive: US company Emcor manages CCTV and security, and has worked at Porton Down A firm that provided security at Matt Hancock’s office, where leaked CCTV footage showed him kissing an aide, has also worked at the Porton Down defence research laboratory, RAF bases, and a military bunker …

Poppy Gustafsson: the Darktrace tycoon in new cybersecurity era

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Gustafsson’s firm, founded when she was 30, is marketed as a digital parallel of a human body fighting illness Poppy Gustafsson runs a cutting-edge and gender-diverse cybersecurity firm on the brink of a £3bn stock market debut, but she is happy to reference pop culture classic the Terminator …

Cybersecurity firm Darktrace plans £3bn IPO on London Stock Exchange

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Cambridge-based company claims to be first to use AI to detect cybersecurity threats on a large scale The cybersecurity firm Darktrace has announced plans to float on the London Stock Exchange, in a move that will reportedly value the Cambridge-based company at £3bn. It is the first big company …

Netflix weighs up crackdown on password sharing

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Streaming service tests feature that asks viewers if they share household with subscriber Netflix has begun testing a feature that asks viewers whether they share a household with a subscriber, in a move that could lead to crackdown on the widespread practice of sharing passwords among friends and family …

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