Tag: #dataprotection
As the digital landscape continues to evolve, the rise of cyber threats is expected to follow suit, with 2025 predicted to be a defining year for the cybersecurity industry. This article provides an overview of key statistics, trends, and predictions shaping the future of cybersecurity. Global Cybercrime Costs Continue to Soar The projected global cost […]
Top cybersecurity companies are instrumental in mitigating the financial toll of cybercrime, a growing concern as global cybercrime damage costs are projected to hit $9.5 trillion USD annually by 2024, according to Cybersecurity Ventures. This staggering figure breaks down to $793 billion USD per month and $182.5 billion USD every week, highlighting the urgent need […]
Meta Platforms Ireland Limited (MPIL) has been fined €91 million by Ireland’s Data Protection Commission (DPC) for improperly storing user passwords in plaintext, violating multiple General Data Protection Regulation (GDPR) articles. The penalty stems from a 2019 incident, where Meta discovered that hundreds of millions of user passwords were left unsecured on its internal systems. […]