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PSNI data breach: We haven't got to the edges about how serious this could be, says former police head of Organised Crime

The former head of organised crime for the PSNI believes that last week’s online security breach by the force has made identifying officers and staff “far easier” for paramilitaries and organised crime gangs and will have longer-term implications for policing in the province.
Northern Ireland United Kingdom City Of Simon Byrne Roy Mccomb National Crime Agency
Source: yahoo.com

Symmetry raises $18M to bolster organizations' data security programs

As organizations embrace cloud services -- and are forced to confront changing regulations and data use standards -- their ability to maintain control of data security frequently becomes strained. The average cost of a data breach is about $3.86 million (per IBM), and most companies pay around $14.82 million per year for noncompliance, including noncompliance with data security policies. Ninety-seven percent of security leaders believe that their employers will either maintain or increase...
Puneet Tiwari Mohit Tiwari Palo Alto Networks University Of Texas Symmetry Systems Casen Hunger
Source: yahoo.com

Analysis-MOVEit hack spawned around 600 breaches but isn't done yet

A hydra-headed breach centered on a single American software maker has compromised data at about 600 organizations worldwide, according to cyber analyst tallies corroborated by Reuters. But more than two months after the breach was first disclosed by Massachusetts-based Progress Software, the parade of victims has scarcely slowed. The tallies show that nearly 40 million people have been affected so far by the hack of Progress' MOVEit Transfer file management program.
United States United Kingdom New York Marc Bleicher Chris Sanders Zeba Siddiqui
Source: yahoo.com

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German data watchdog probing Worldcoin crypto project, official says

A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters. The Bavarian State Office for Data Protection Supervision started investigating Worldcoin in November 2022 because of concerns that the project seeks to process "sensitive data at a very large scale" using new technology, Michael Will, the state regulat...
United Kingdom City Of Sam Altman Worldcoin Elizabeth Howcroft European Union Bavarian State Office For Data Protection Supervision
Source: yahoo.com

Protecting Banks Against New-Age Cyberthreats in 2023

Digital technology and data are all-pervasive in modern banking operations. However, while they are elevating efficiency and experience, they are also increasing security risks. Not surprisingly, nearly three-fourths of banking industry Chief Risk Officers rate cybersecurity risk among their top risk priorities for this year.
Rajashekarav Maiya Rajashekara Maiya Ravi Venkataratna Infosys Finacle Theo Albers Senior Industry Principal Business Consulting Group

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