Indu Bhan reports: Lenders, including SBI, PNB and HDFC Bank, on Tuesday vehemently opposed any disclosure of their “highly confidential and sensitive” inspection and risk assessment reports under the Right to Information Act, saying this would amount to invasion of right to privacy of their lenders and customers, shareholders and employees. The Reserve Bank of India…
Category: Breaches
S.Korea fines Google, Meta billions of won for privacy violations
Soo-Hyang Choi and Joyce Lee report: South Korea levied tens of millions of dollars in fines on Alphabet’s (GOOGL.O) Google and Meta Platforms (META.O) for privacy law violations, authorities said on Wednesday. In a statement, the Personal Information Protection Commission said it fined Google 69.2 billion won ($50 million) and Meta 30.8 billion won ($22 million). The privacy panel…
Tax fraud ring leader jailed for selling children’s stolen identities
Sergiu Gatlan reports: The owner of a fraudulent tax preparation business, Ariel Jimenez, was sentenced to 12 years in prison for selling the stolen identities of thousands of children on welfare and helping “customers” to falsely claim tax credits, causing tens of millions of dollars in tax loss. His “customers” used the stolen identity info…
RESOURCE: Storing Passwords in your Browser Can Ruin Your Life (But Will Make Criminals VERY Happy!)
As the world reels from daily cyber attacks, it’s more important than ever to understand how our online behavior can negatively impact our family and work. From storing usernames and passwords in the browser to using the same device for work, personal financial matters, and playing online games, it only takes a few missteps to…