Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

2/5/2019
03:00 PM
0%
100%

Over 59K Data Breaches Reported in EU Under GDPR

In addition, 91 reported fines have been imposed since the regulation went into effect last May.

The General Data Protection Regulation (GDPR) officially went into effect across the European Union on May 25, 2018. Since then, more than 59,000 personal breaches have been reported to regulators.

New data breach notification laws have "fundamentally changed" the risk profile of businesses hit with data breaches, reports global law firm DLA Piper. Breaches likely to cause harm to individuals affected must be reported. Failure to comply can cost fines up to €10 million ($11.4 million) or up to 2% of the firm's global annual turnover for the previous financial year – whichever is higher.

In the eight months since GDPR has been applied, 91 reported fines have been imposed. Not all were for personal data breaches. The highest to date was a €50 million ($57 million) fine imposed on Google related to processing personal data for advertising without valid authorization. A German company was fined €20,000 ($22,810) for failing to hash employee passwords, which led to a security breach.

The Netherlands reported the most data breaches (15,400 incidents), followed by Germany (12,600) and the United Kingdom (10,600). Those with the lowest number of breaches reported include Lichtenstein (15), Iceland (25), and Cyprus (35). Cyberattacks reported under GDPR range from minor security breaches to major, publicized hacks affecting millions of individuals.

Read more details here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
White Papers
More White Papers
Comments
Threaded  |  Newest First  |  Oldest First
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
2/6/2019 | 2:39:31 PM
Do the math
Stand-out statistic.  Since May of 2018 (less than a year ago) there are over 59,000 data breaches reported - so that is 256 a day if you assume about 250 days since inception time.  I am well off but it is an imnpressive number on a per day basis anyway you slice it. 
RyanSepe
100%
0%
RyanSepe,
User Rank: Ninja
2/6/2019 | 3:07:42 PM
GDPR
It seems as if GDPR is doing well in getting companies to publically report its breaches. The question in my mind is will the imposed fines cause these companies to actually increase their security posture. In an ethics class I took long ago, their was a premise that if a fine = x per year but by not implementing the safeguard you saved x + y, then the choice from a cost perspective was obvious. An example of this was Chase bank not adhering to certain aspects of the Dodd-Frank act. They were making much more money per month by circumventing the control than regulators were imposing so the fine essentially became ineffective.
COVID-19: Latest Security News & Commentary
Dark Reading Staff 5/27/2020
The Problem with Artificial Intelligence in Security
Dr. Leila Powell, Lead Security Data Scientist, Panaseer,  5/26/2020
How an Industry Consortium Can Reinvent Security Solution Testing
Henry Harrison, Co-founder & Chief Technology Officer, Garrison,  5/21/2020
Register for Dark Reading Newsletters
Video
Cartoon Contest
Current Issue
How Cybersecurity Incident Response Programs Work (and Why Some Don't)
This Tech Digest takes a look at the vital role cybersecurity incident response (IR) plays in managing cyber-risk within organizations. Download the Tech Digest today to find out how well-planned IR programs can detect intrusions, contain breaches, and help an organization restore normal operations.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-8603
PUBLISHED: 2020-05-27
A cross-site scripting vulnerability (XSS) in Trend Micro InterScan Web Security Virtual Appliance 6.5 may allow a remote attacker to tamper with the web interface of affected installations. User interaction is required to exploit this vulnerability in that the target must visit a malicious page or ...
CVE-2020-8604
PUBLISHED: 2020-05-27
A vulnerability in Trend Micro InterScan Web Security Virtual Appliance 6.5 may allow remote attackers to disclose sensitive informatoin on affected installations.
CVE-2020-8605
PUBLISHED: 2020-05-27
A vulnerability in Trend Micro InterScan Web Security Virtual Appliance 6.5 may allow remote attackers to execute arbitrary code on affected installations. Authentication is required to exploit this vulnerability.
CVE-2020-8606
PUBLISHED: 2020-05-27
A vulnerability in Trend Micro InterScan Web Security Virtual Appliance 6.5 may allow remote attackers to bypass authentication on affected installations of Trend Micro InterScan Web Security Virtual Appliance.
CVE-2020-11075
PUBLISHED: 2020-05-27
In Anchore Engine version 0.7.0, a specially crafted container image manifest, fetched from a registry, can be used to trigger a shell escape flaw in the anchore engine analyzer service during an image analysis process. The image analysis operation can only be executed by an authenticated user via a...