Digital Regulation | Breaking Cybersecurity News | The Hacker News

The Irish Data Protection Commission (DPC) has fined Meta €91 million ($101.56 million) as part of a probe into a security lapse in March 2019, when the company disclosed that it had mistakenly stored users' passwords in plaintext in its systems. The investigation, launched by the DPC the next month, found that the social media giant violated four different articles under the European Union's General Data Protection Regulation (GDPR). To that end, the DPC faulted Meta for failing to promptly notify the DPC of the data breach, document personal data breaches concerning the storage of user passwords in plaintext, and utilize proper technical measures to ensure the confidentiality of users' passwords. Meta originally revealed that the privacy transgression led to the exposure of a subset of users' Facebook passwords in plaintext, although it noted that there was no evidence it was improperly accessed or abused internally. According to Krebs on Security , some of ...

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...

Every week seems to bring news of another data breach, and it's no surprise why: securing sensitive data has become harder than ever. And it's not just because companies are dealing with orders of magnitude more data. Data flows and user roles are constantly shifting, and data is stored across multiple technologies and cloud environments. Not to mention, compliance requirements are only getting stricter and more elaborate.  The problem is that while the data landscape has evolved rapidly, the usual strategies for securing that data are stuck in the past. Gone are the days when data lived in predictable places, with access controlled by a chosen few. Today, practically every department in the business needs to use customer data, and AI adoption means huge datasets, and a constant flux of permissions, use cases, and tools. Security teams are struggling to implement effective strategies for securing sensitive data, and a new crop of tools, called data security platforms, have appear...