By Matthew Wall With cyber-attacks increasing in frequency and severity, many companies are turning to insurance to cover their mounting losses. But can insurers quantify the risk accurately and could…
Tag: fines
Hilton Hotels fined for credit card data breaches
The company behind Hilton Hotels is paying a $700,000 (£525,000) fine after being accused of mishandling two separate credit card data breaches. The attacks were in 2014 and 2015. More…
UK charities fined for data law breaches
Eleven charities have been fined by the UK’s data watchdog for misusing information about millions of past donors to seek further funds. Those fined include Oxfam, Cancer Research UK, The…
GDPR Fines Could Cost Firms Over $320 Billion
Fines of up to 4% of annual global turnover promised when the new law comes into force in May 2018. By Phil Muncaster Firms that sell consumer products are risking…