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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.

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Bank Info Security 1 year, 8 months ago

Doctor Hit With $500K HIPAA Fine: Feds Worse Than Hacker

Plastic Surgeon Paid $53K Ransom But Says ‘the Real Criminal’ Is HHSDr. James Breit recalled the day a hacker locked up his systems with ransomware at his plastic surgery practice. He paid $53,000 in ransom. Nearly, seven years later, after paying a $500,000 HIPAA fine, Breit claims he got better treatment from the cybercriminals than he did federal regulators.

NY AG Action and $1M Fine Follow Back-to-Back Hacks That Affected 224,500 in 2023An upstate New York-based medical practice must spend $2.25 million to improve its data security practices over the next five years, plus pay state regulators up to a $1 million fine following an investigation into two ransomware attacks days apart in 2023 that affected nearly 224,500 people.