Security news aggregator

Latest coverage for Fine

Stay informed on the latest in information security trends, breaches, and best practices with our expertly curated content on cyber safety.

7 headlines in this view

Refine the feed

Search across headline titles and summaries.

Tag briefing

Background for this topic.

A fine is a monetary penalty imposed by a competent authority or court for violating a law, regulation, or legally binding requirement. In information security and privacy, it may follow inadequate safeguards for personal data, unlawful processing, failure to meet required reporting or record-keeping duties, or non-compliance with sector-specific controls. The legal basis, maximum amount, and factors such as severity, duration, negligence, cooperation, and remediation vary by jurisdiction; a fine is generally punitive rather than compensation for affected parties.

For security practitioners, a fine signals that controls and security decisions may be examined as evidence of compliance. Maintain documented risk assessments, access reviews, patching decisions, supplier oversight, logging, and retention practices, especially where they protect regulated data. During an incident, preserve relevant records and establish an accurate timeline for containment, notification, and remediation. Privacy requirements such as data minimization and retention limits can therefore be security controls as well as legal obligations. A fine does not by itself establish that a particular attack or breach occurred.

Showing 7 most recent headlines Filtered view
Bank Info Security 1 year, 9 months ago

Meta Fined 91 Million Euros By The Irish DPC

Fine Is For 2019 Disclosure That Meta Stored User Passwords In PlaintextThe Irish data regulator fined social media giant Meta 91 million euros after an investigation found the company insecurely stored passwords of millions of European Facebook and Instagram users. A Meta spokesperson said the company identified the problem in 2019 and took "immediate action."

Bank Info Security 1 year, 9 months ago

Healthcare Cyber Bill Calls for 'Corporate Accountability'

Senate Bill Would Mean Cyber Funding for Hospitals, Prison Time for Lying CEOsTwo U.S. senators are proposing stricter cyber mandates for the healthcare sector. The bill provides funding to help hospitals adopt enhanced requirements, but lifts HIPAA enforcement fine caps and threatens executives with prison time for falsely attesting their organizations' compliance in audits.

Bank Info Security 1 year, 9 months ago

Breach Roundup: How to Spot North Korean IT Workers

Also: Ransomware Surged in 2023, MoneyGram Back in Service After CyberattackThis week, advice on spotting North Korean staff; ransomware attacks rose; MoneyGram back online; FCC fined political operative; CISA warned of water system attacks; Ukraine restricted Telegram use; North Korean hackers used new malware; U.K. arrested alleged hacker; PSNI is in data leak talks.

Bank Info Security 1 year, 9 months ago

Cryptohack Roundup: BingX, Truflation Exploits

Also: Reimbursements in Banana Gun Hack; Germany Shutters 47 ExchangesThis week, BingX, Truflation, OpenAI X account hacked; Germany shut 47 exchanges; Caroline Ellison sentenced; two got crypto theft charges; one got crypto scam fine; Banana Gun will refund victims; WazirX, Liminal in dispute; SEC settled with TrueCoin, TrustToken; CFTC may settle with Mango Markets.