Competition law | Breaking Cybersecurity News | The Hacker News

Meta's decision to offer an ad-free subscription in the European Union (E.U.) has faced a new setback after regulators accused the social media behemoth of breaching the bloc's competition rules by forcing users to choose between seeing ads or paying to avoid them. The European Commission said the company's "pay or consent" advertising model is in contravention of the Digital Markets Act ( DMA ). "This binary choice forces users to consent to the combination of their personal data and fails to provide them a less personalized but equivalent version of Meta's social networks," the Commission said . It also noted that companies in gatekeeper roles must seek users' permission to combine their personal data between designated core platform services and other services (e.g., advertising), and that users who refuse to opt in should have access to a less personalized but equivalent alternative. On top of that, Meta's approach does not allow us...

Google has just lost its biggest regulatory battle! Google has been hit with a record-breaking $2.7 billion (€2.42 billion) fine by the European antitrust officials for unfairly manipulating search results since 2008. After a lengthy seven-year investigation that was launched in 2010 after several rivals complaint, the European Commission on Tuesday imposed this 'biggest even financial penalty' against the internet tech giant for breaking EU competition law. by using its search dominance to distort search-engine results to promote own shopping comparison service at the top of all search results. "Comparison shopping services rely to a large extent on traffic to be competitive." European Commission says in a press release . "The evidence shows that consumers click far more often on results that are more visible, i.e. the results appearing higher up in Google's search results. More traffic leads to more clicks and generates revenue." The Comm...

You can tell the story of the current state of stolen credential-based attacks in three numbers: Stolen credentials were the #1 attacker action in 2023/24, and the breach vector for 80% of web app attacks . (Source: Verizon). Cybersecurity budgets grew again in 2024, with organizations now spending almost $1,100 per user (Source: Forrester).  Stolen credentials on criminal forums cost as little as $10 (Source: Verizon). Something doesn't add up. So, what's going on? In this article, we'll cover: What's contributing to the huge rise in account compromises linked to stolen creds and why existing approaches aren't working.  The world of murky intelligence on stolen credentials, and how to cut through the noise to find the true positives. Recommendations for security teams to stop attackers from using stolen creds to achieve account takeover. Stolen credential-based attacks are on the rise There's clear evidence that identity attacks are now the #1 cyber threat f...