If you used Facebook at any time during a 15-year period, keep an eye on your bank account. Settlement payments related to the several-years-old Cambridge Analytica data breach scandal are starting to roll out this month, per CBS News.
A court filing cited by CBS News says the average payment amount will come out to around $29 per person, with the maximum going all the way to $38.36. The first payments will be sent in September, with the rest going out over the course of 10 weeks. Anyone who is getting a payment should get an email a few days ahead of time. The total settlement amount came out to $725 million.
Read more…
Source: MSN News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Spying, hacking and intimidation: Israel’s nine-year ‘war’ on the ICC exposed
May 28, 2024
When the chief prosecutor of the International criminal court (ICC) announced he was seeking arrest warrants against Israeli and Hamas leaders, he issued a cryptic warning: “I insist that all attempts to impede, intimidate or improperly influence the officials of this court must cease immediately.” Now, an investigation by the Guardian and the Israeli-based magazines +972 ...
- Data breach at medical giant Cencora exposes info from multiple drug companies
May 27, 2024
Almost a dozen pharmaceutical companies, including several major players, have lost sensitive customer data due to a supply chain cyberattack that trickled down from pharma giant Cencora. In late February 2024, drug wholesale company Cencora (previously known as AmerisourceBergen) filed a Form 8-K with the Securities and Exchange Commission (SEC), reporting a data breach incident, without ...
- LockBit demands $25 million from Canadian pharmacy chain London Drugs after ransomware attack
May 23, 2024
The recent cyber-incident against Canadian pharmacy chain London Drugs was indeed a full-blown ransomware attack, with sensitive data being stolen, and a major ransom being demanded, the company has confirmed. In a statement given to The Register, the company said it had been hit, but stressed it also had no intention of paying the ransom demand. ...
- Optus sued by regulator over 2022 cyber-attack
May 23, 2024
Australia’s Communications and Media Authority (ACMA) has begun legal action against Optus, the country’s second largest telco, over a data breach it suffered in 2022. The watchdog has filed legal proceedings to the Federal Court, alleging that Optus “failed to protect the confidentiality of its customers’ personal information from unauthorised interference or unauthorised access,” and was ...
- London council warns residents’ data may have been compromised by cyber attack on healthcare provider
May 22, 2024
A London council has warned residents their personal data may have been compromised after a healthcare provider was hit by a cyber attack. The City of London Corporation said it is working with NRS Healthcare to understand the extent of the breach, and will be in contact with any residents whose information has been taken. The ...
- Why Microsoft’s New AI Feature Has Prompted Privacy Concerns
May 22, 2024
Microsoft introduced a new series of products, named Copilot+ PCs, that are designed to be integrated with artificial intelligence technology in mind. The company has reportedly struggled with the laptop market in recent months, with sales of the flagship surface pro laptops declining significantly in 2023. But the new AI device features have raised privacy concerns. ...
