Cybersafety Sentinel July 2023 Week 4 | Informatica

Weekly Insights from Cybersafety Sentinel

Stay updated with Informatica’s Cybersafety Sentinel’s July 2023 Week 4 edition. This week, we cover critical topics such as AI surveillance in NYC subways, Meta’s data collection fines in Australia, and the impact of the SEC’s new cyber rule for public companies. Gain expert strategies to enhance your cybersecurity measures and protect your digital assets.

Featured Cybersafety Sentinel Posts

Check out our featured posts below for the latest insights from Cybersafety Sentinel.

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Claudiu’s Top Post

“When intelligence agencies pressure or mislead #standards organizations into adopting intentionally flawed technologies for surveillance purposes, such actions obviously compromise the security of global communications and undermine privacy rights. Perhaps even more critically, such state-sponsored actions irreversibly tarnish society’s trust in research institutes such as Europe’s ETSI (with their exploitable radio encryption backdoor) and North America’s NIST (with their NSA-sponsored / RSA / RIM elliptic curve cryptographic “”trap door””), organizations that rely on incorruptible processes to drive broad industrial reliance on their impeccable reputations. Read More

AI Surveillance in NYC Subways Raises Privacy Concerns

New York City’s subway system is the latest to implement artificial intelligence-powered surveillance, following an increase of similar software use in airports and police stations across the country. The Metropolitan Transit Authority, the agency that operates the city’s public transportation, quietly rolled out a third-party technology to help crack down on fare evaders, NBC reportedRead More

Australia Fines Meta $14M for Data Collection

An Australian court ordered Facebook owner Meta Platforms to pay fines totalling A$20 million ($14 million) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. Australia’s Federal Court also ordered Meta, through its subsidiaries Facebook Israel and the now-discontinued app, Onavo, to pay A$400,000 in legal costs to the Australian Competition and Consumer Commission (ACCC), which brought the civil lawsuit.Read More

Threads Absent in EU: App Tests New Privacy Law

“Threads, Meta Platforms’ answer to Elon Musk-owned Twitter, registered 100 million users in 5 days, breaking online registration records. Now a little over three weeks since its launch last July 5, the social media platform has yet to launch in a key market with over 400 million potential users: the European Union (EU). Read More

Byron Bay Breach Victim’s $1.2M Payment

Sarah Luke initially shrugged off a data breach that resulted in her personal details being released onto the dark web.Key points: Hackers traded hundreds of counterfeit goods using Sarah Luke’s PayPal account Adidas and the National Basketball Association filed charges relating to trademark infringement The US courts awarded damages against Ms Luke amounting to $US1.2 million ($1.8 million) But then she was charged in the United States with offences including trademark infringement, and was told to pay damages of $US1.2 million ($1.8 million). Read More

SEC’s New Cyber Rule for Public Companies

The Securities and Exchange Commission voted on Wednesday to require publicly traded companies to disclose within four days when they suffer a cyber incident significant enough to weigh into the decisions of prospective investors. By approving the regulation, the commission brought an end to a year worth of rulemaking, capping off a process for public reporting of so-called “material” cyber incidents that’s long been in flux. Read More