🚀 Meta Fined €91 Million By Irish Data Protection Commission
#Meta #DataProtection #Privacy #Fine #EuropeanUnion #Facebook #Encryption #DPC #UserData #PasswordSecurity
According to PANews, the Irish Data Protection Commission (DPC) has fined Meta Platforms, the parent company of Facebook, €91 million (approximately $102 million) following an investigation into password storage practices. The investigation began in April 2019 after Meta informed the DPC that it had inadvertently stored certain social media users' passwords in plain text within its internal systems, lacking encryption or protective measures.
This recent fine follows a significant penalty imposed by the European Commission last year, where Meta was fined €1.2 billion (approximately $1.3 billion) for transferring user data to the United States. The current fine serves as a supplementary measure to the previous year's penalty, reinforcing the European Union's stringent data protection regulations.#Meta #DataProtection #Privacy #Fine #EuropeanUnion #Facebook #Encryption #DPC #UserData #PasswordSecurity
🚀 Malware Targets MacOS Users Through Fake Video Conferencing Apps
#windows #macos #malware #videoconferencing #cybersecurity #AI #cryptocurrency #dataprotection #passwordsecurity #Keychain #browsersecurity
According to PANews, researchers have identified a malware attack targeting macOS users that has been active for four months. The attack involves malware disguised as a video conferencing application, which steals passwords from the Keychain, session cookies from browsers like Google Chrome, Brave, and Opera, as well as cryptocurrency wallet information.
Tara Gould from Cado Security Labs revealed that attackers are using AI-generated content to create fake websites and social media accounts, posing as reputable companies. Victims are often approached through platforms like Telegram, discussing blockchain or cryptocurrency business opportunities. Once the file is installed, users are prompted to enter their macOS password, allowing further data theft.
Security experts advise users to remain vigilant, especially regarding unfamiliar links related to business opportunities. Utilizing protective tools such as Intego VirusBarrier can effectively defend against such threats.#windows #macos #malware #videoconferencing #cybersecurity #AI #cryptocurrency #dataprotection #passwordsecurity #Keychain #browsersecurity
🚀 Data Breach at Major Exchange Raises Security Concerns
#DataBreach #CyberSecurity #Exchange #EmployeeInformation #Phishing #SocialEngineering #PasswordSecurity #TwoFactorAuthentication #AccountSafety #InformationSecurity
According to PANews, SlowMist Technology's Chief Information Security Officer, 23pds, reported on the X platform that a data breach has occurred involving a third-party service used by a leading exchange. The breach has exposed a significant amount of employee information, including emails and passwords. The issue has been communicated to the relevant parties for resolution.
As the year-end approaches, individuals are advised to remain vigilant and ensure the security of their funds. It is crucial to guard against phishing emails and social engineering attacks by avoiding clicking on unknown links or providing account information.
Users are encouraged to promptly change passwords for high-risk accounts and avoid reusing passwords. Enabling two-factor authentication (2FA) is recommended to enhance account security. In the event of unusual logins or suspicious transactions, users should verify and take necessary security measures immediately.#DataBreach #CyberSecurity #Exchange #EmployeeInformation #Phishing #SocialEngineering #PasswordSecurity #TwoFactorAuthentication #AccountSafety #InformationSecurity
🚀 Massive Data Breach Exposes 16 Billion Login Credentials
#DataBreach #Cybersecurity #LoginCredentials #InformationSecurity #Cryptocurrency #PasswordSecurity #TwoFactorAuthentication #Malware #Elasticsearch #CloudSecurity
According to Odaily, a Cybernews research team has revealed a significant data breach involving 16 billion login credentials from major online service providers, including Apple, Google, and Facebook. The largest single database in this breach contains 3.5 billion records. The exposed data was primarily found through unencrypted Elasticsearch or object storage instances and includes access tokens, session cookies, and account metadata stolen by information-stealing malware.
This breach poses a severe threat to the cryptocurrency industry, as attackers could exploit the leaked credentials to take over accounts, particularly those linked to custodial wallets or associated email platforms. The risk is heightened for wallets that allow mnemonic phrases to be backed up to cloud services. Security experts advise users to update their passwords immediately, enable two-factor authentication, and avoid storing recovery phrases in insecure digital environments.
The identities of the original data holders remain unclear, but researchers have confirmed that some databases may belong to cybercriminal organizations.#DataBreach #Cybersecurity #LoginCredentials #InformationSecurity #Cryptocurrency #PasswordSecurity #TwoFactorAuthentication #Malware #Elasticsearch #CloudSecurity
🚀 Tether Launches PearPass to Enhance Password Security
#Tether #PearPass #passwordsecurity #P2P #decentralized #encryption #cloudstorage #cryptosecurity #innovation #userprivacy
According to Odaily, Tether has officially launched PearPass, a peer-to-peer (P2P) password manager designed to mitigate the risk of user encryption information being leaked from cloud storage. Tether highlighted that existing password management tools often rely on cloud storage, which can expose sensitive user data if compromised. PearPass utilizes a decentralized peer-to-peer architecture, avoiding cloud storage of passwords to enhance security and privacy. The product will initially support major browsers, with plans to expand to mobile and other platforms. This initiative underscores the ongoing focus on innovation in user security tools within the crypto industry.#Tether #PearPass #passwordsecurity #P2P #decentralized #encryption #cloudstorage #cryptosecurity #innovation #userprivacy