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Companies Could Face $22 Million Fine If They Fail to Protect Against Hackers

Companies Could Face $22 Million Fine If They Fail to Protect Against Hackers

Aug 09, 2017
Over the past few years, massive data breaches have become more frequent and so common that pretty much every week we heard about some organisation being hacked or hacker dumping tens of millions of users records. But even after this wide range of data breach incidents, many organisations fail to grasp the importance of data protection, leaving its users' sensitive data vulnerable to hackers and cyber criminals. Not now! At least for organisations in Britain, as the UK government has committed to updating and strengthening its data protection laws through a new Data Protection Bill. The British government has warned businesses that if they fail to take measures to protect themselves adequately from cyber attacks, they could face fines of up to £17 Million (more than $22 Million), or 4% of their global turnover—whichever amount is higher. However, the financial penalties would be a last resort, and will not be applied to those organisations taking proper security measures...
China Passes Cybersecurity Law to Tighten its Control over the Internet

China Passes Cybersecurity Law to Tighten its Control over the Internet

Nov 07, 2016
China has long been known for its strict censorship policies, which has already made it difficult for foreign companies to do business in the world's most populous country of more than 1.35 Billion people. Now, the Chinese government has approved a broad new controversial cybersecurity regulations that would further strengthen the country's censorship regime, making it more difficult for technology companies to operate in the country. Made public on Monday, the legislation, passed by China's rubber-stamp parliament and set to go into effect in June 2017, aims at combating growing threats like hacking and terrorism, but actually comes with data localization, real-name requirements, and surveillance. The Cybersecurity Law requires instant messaging services and other internet operators to force users to register with their real names and personal information, which restricts anonymity of a user online. The proposed law also includes requirements for ' Data Locali...
The Identities Behind AI Agents: A Deep Dive Into AI and NHI

The Identities Behind AI Agents: A Deep Dive Into AI and NHI

Apr 10, 2025AI Security / Enterprise Security
AI agents have rapidly evolved from experimental technology to essential business tools. The OWASP framework explicitly recognizes that Non-Human Identities play a key role in agentic AI security. Their analysis highlights how these autonomous software entities can make decisions, chain complex actions together, and operate continuously without human intervention. They're no longer just tools, but an integral and significant part of your organization's workforce. Consider this reality: Today's AI agents can analyze customer data, generate reports, manage system resources, and even deploy code, all without a human clicking a single button. This shift represents both tremendous opportunity and unprecedented risk. AI Agents are only as secure as their NHIs Here's what security leaders are not necessarily considering: AI agents don't operate in isolation . To function, they need access to data, systems, and resources. This highly privileged, often overlooked acces...
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