WebOct 21, 2024 · The federal government believes the current $2.2 million fine is insufficient after recent cyber-attacks Attorney-General Mark Dreyfus will fast-track amendments to the Privacy Act next week WebJun 15, 2024 · Washington D.C., June 15, 2024 —. The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer …
The SEC Is Serious About Cybersecurity. Is Your Company?
WebOct 16, 2024 · British Airways has been fined £20m ($26m) by the Information Commissioner's Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2024 and... WebDec 3, 2024 · The Limits of Fines in Addressing Data Breach. In recent years, data breaches and cybersecurity incidents have become a pervasive issue. High-profile cases, such as the 2016 Uber data breach, have highlighted the need for more robust security measures to protect sensitive information. The Uber breach resulted in the loss of full … jay cutler and kelly henderson
Australian companies to face fines of $50m for data breaches
WebSep 8, 2024 · These fines signal a major shift, and one that could profoundly change the way companies think about cybersecurity threats, communicate internally about … WebThe entity must then comply with the applicable breach notification provisions, including notification to affected individuals without unreasonable delay, to the Secretary of HHS, and to the media (for breaches affecting over 500 individuals) in accordance with HIPAA breach notification requirements. See 45 C.F.R. 164.400-414. 7. WebJul 28, 2024 · In April 2024, the New York Department of Financial Services (NYDFS) announced it levied a fine against First Unum Life Insurance Company and Paul Revere Life Insurance Company for violations of NYDFS’s Cybersecurity Regulations. The companies are subject to a $1.8 million penalty for failure to comply. According to the … jay cutler bears helmet