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Amazon faces prospect of EU fine over data privacy. School data breach. A look at Ryuk.

T-Mobile is Warning that a data breach has exposed the names, date of birth, Social Security number and driver’s license/ID information of more than 40 million current, former or prospective customers who applied for credit with the company. Get Secured Now with Norton 360


At a glance.

  • Amazon’s European privacy issue.
  • School district data exposed.
  • A look at the Ryuk ransomware operation.

Amazon potentially faces largest GDPR fine ever.

The EU has drafted a decision to fine Amazon $425 million (or roughly 2% of the tech giant’s 2020 net income) for violation of the General Data Protection Regulation (GDPR), the Wall Street Journal reports. The CNPD, Luxembourg’s privacy commission and Amazon’s lead EU privacy regulator (Amazon’s EU headquarters are located in the Grand Duchy), has proposed the sanction for alleged data collection and handling violations. If approved by the EU’s other privacy authorities, this would be the largest fine since the GDPR was implemented in 2018. Though the details of Amazon’s offenses have not been disclosed, the size of the fine signifies a shift in the EU toward holding tech companies to task for their data privacy policies. 

Ireland, which oversees privacy regulations for Facebook, Google, and Apple, also plans to draft decisions for several privacy cases this year.

US school district data exposed in cyberattack.

Union Community School District in the US state of Iowa has disclosed that an intruder gained unauthorized access to its computer systems in April, the Courier reports. The attack temporarily disrupted the district’s servers, and the subsequent investigation found the intruder had accessed school data. “Those documents are currently under review, and the District is committed to providing additional information to the community as quickly as possible,” Superintendent Travis Fleshner explained.

The relentless menace of Ryuk.

The Wall Street Journal offers a profile of the infamous Ryuk ransomware gang, responsible for numerous recent cyberattacks that crippled US medical institutions. The world’s most active ransomware group, Ryuk was tied to a third of the 203 million ransomware attacks in the US last year and raked in at least $100 million in ransom payouts. While some threat groups have avoided targeting vulnerable institutions like hospitals, especially during the pandemic, Ryuk has attacked more than two hundred thirty healthcare providers  (lucrative targets due to their dependence on…

Source…

Internet Browsers Market with New Growth Prospect by Top Key Players Menlo Security, Cyberinc, Safari (Apple), Tucloud Federal, Bromium, Cigloo

Aug 16, 2019 (Hitech News Daily via COMTEX) — The recent research report on the global Internet Browsers market presents the latest industry data and future trends, allowing you to recognize the …
internet security – read more

Math Advances Raise the Prospect of an Internet Security Crisis – MIT Technology Review

Math Advances Raise the Prospect of an Internet Security Crisis
MIT Technology Review
The sophisticated Flame malware discovered last year featured a completely new mathematical technique to defeat an encryption method used to verify some software updates as originating with Microsoft, allowing Flame to masquerade as legitimate 

and more »

flame malware – read more

DNSChanger malware suspect pleads guilty – faces 25 years and the prospect of paying back $7m

Just over a year ago, the FBI announced the bust of six Estonians over malware known as DNSChanger. The first of the six has just pleaded guilty…
Naked Security – Sophos