For example, the average cost of a data breach in the United States is USD 9.36 million, about 4 times the cost of a breach in India (USD 2.35 million). Breach consequences tend to be especially severe for organizations in highly regulated fields like healthcare, finance and the public sec...
highlighting breach announcements, a custom tool to conduct distributed denial-of-service (DDoS) attacks, and a bespoke ransomware as part of a ransomware-as-a-service (RaaS) model. A majority of the victims are located in the U.S., India, Italy, Brazil, Israel, Spain, and Mongolia. Chec...
OnNovember 3, 2023, Infosys announced a breachthat compromised critical systems and applications within IMS, which, following a thorough investigation, had implications for Bank of America customer data. This breach, officially characterized as anexternal system breach (hacking), compromisedsensitive infor...
October 25,2023 Victorville, a city in California California city warns of data breach after ransomware attack claims NoEscape ransomware gang The ransomware gang added Victorville city to its list of victims, claiming it stole 200 GB of data from government systems. Ransomware attack...
The average cost of a data breach for each of these industries is significantly higher than the global average of $4.88 million. While healthcare saw a decline of nearly $1 million in the average data breach cost from $10.93 million in 2023 to $9.77 million in 2024, the industry is ...
In March of 2018, it became public that the personal details of more than a billion citizens in India stored in the world’s largest biometric database could be bought online. This massive data breach was the result of a data leak on a system run by a state-owned utility company. The ...
Similarly, a breach at the Indian Railways datacentre revealed passenger information, and this was attributed to unqualified datacentre professionals who lacked training. A national certification programme would help to ensure that datacentres in India meet high standards of security.YOGESH SHETE...
Breach notification Enforcement Electronic marketing Online privacy Key contacts Data protection laws in Albania On 19 December 2024, the Parliament of the Republic of Albania passed Law No. 124/2024, titled “On Personal Data Protection” (the “Data Protection Law”) (Official Gazette of...
“Data Breach: The DPDP Act specifically defines Personal Data Breach in Section 2(u) as “any unauthorised processing of personal data or accidental disclosure, acquisition, sharing, use, alteration, destruction or loss of access to personal data, that compromises the confidentiality, integrity or...
The next significant data leakage was the March 2018 security breach of India's national ID database, Aadhaar, with over 1.1 billion records exposed. This included biometric information such as identification numbers and fingerprint scans, which could be used to open bank accounts and receive financ...