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The UK Information Commissioner's Office (ICO) fined the LastPass password management firm £1.2 million for failing to implement security measures that allowed an attacker to steal personal information and encrypted password vaults belonging to up to 1.6 million UK users in a 2022 breach. [...]
Threat actors were able to breach Blackbaud's systems and compromise sensitive data, largely because of the company's poor cybersecurity practices and lack of encrypted data, the AG said.
'It is possible to implement end-to-end crypto in a way that preserves privacy,' claims UK Home Sec Tech companies could be fined $25 million (£18 million) – or ten percent of their global annual revenue – if they don't build suitable mechanisms to scan for child sex abuse material (CSAM) in end-to-end encrypted messages and an amended UK law is passed.…