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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.
OpenAI must also initiate a six-month public awareness campaign across Italian media, explaining how it processes personal data for AI training
Also: Interpol Says 'Pig Butchering' Shames Victims, A Data Leak Scandal in MexicoThis week, U.S. asks Israel to extradite an alleged LockBit coder, don't say "pig butchering," and an Apache Struts flaw. A hunt for alleged data thieves in Mexico, Europe probes TikTok and Netfilix fined 4.75 million. A ransomware attack against Texas medical centers and a credit union breach.
The Dutch Data Protection Authority (DPA) on Wednesday fined video on-demand streaming service Netflix €4.75 million ($4.93 million) for not giving consumers enough information about how it used their data between 2018 and 2020
The Irish Data Protection Commission has fined Meta $263m for a 2018 data breach impacting 29 million Facebook accounts
Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads, has been fined €251 million (around $263 million) for a 2018 data breach that impacted millions of users in the bloc, in what's the latest financial hit the company has taken for flouting stringent privacy laws
Meta Vows to AppealThe Irish data regulator fined social media platform Meta 251 million euros over a 2018 hack that exposed sensitive data of millions of European Facebook users, including that of children. The bug was in Facebook's "View As" feature permitting a user to see their own profile as it appears to others.
The Irish Data Protection Commission (DPC) fined Meta €251 million ($263.6M) over General Data Protection Regulation (GDPR) violations arising from a 2018 personal data breach impacting 29 million Facebook accounts. [...]
€251 million? Zuck can find that in his couch cushions, but Meta still vows to appeal It's been six years since miscreants abused some sloppy Facebook code to steal access tokens belonging to 30 million users, and the slow-turning wheels of Irish justice have finally caught up with a €251 million ($264 million) fine for the social media biz. …