Data breaches and security incidents are becoming increasingly costly. Canadian lender Desjardins Group recently revealed it had spent C$70 million ($53 million) in the wake of a breach earlier in the year that exposed personal information of 2.9 million members. Manufacturer Norsk Hydro said the final bill for its crippling cyberattack could be as high as $75 million. British Airways and Marriott have had to add $100 million each onto the final cost of their incidents after falling foul of GDPR.

To read this article in full, please click here

You May Also Like

LastPass customers’ master passwords breached. Change your master password before hackers do

As of this morning, multiple users of the LastPass password management tool…

Facebook and Google fined with $200 million USD by French government for cookies policy

The French authority on information security determined to impose a €60 million…