Identity Theft Resource Center - Nonprofit’s Post

The fines for a data breach involving 10 million customers or patients can vary greatly, potentially reaching millions or even billions of dollars. Several factors influence the severity of fines, including jurisdiction, specific regulations violated, breach severity, compromised data nature, and compliance history. Regulations like GDPR, CCPA, and HIPAA outline penalties for non-compliance. The number of affected individuals is crucial in determining breach severity. Breaches involving sensitive data such as financial or health records may lead to harsher penalties. Regulatory authorities consider a company's compliance history and mitigating factors, like prompt response and cooperation, when determining fines. Companies facing such breaches must prioritize robust data protection measures to minimize risks and mitigate potential financial and reputational consequences. In extreme cases, where the breach is deemed to result from gross negligence or willful misconduct, regulatory authorities may levy the maximum fines allowable under the relevant regulations. https://lnkd.in/g4yHmvpK Reach out to Steven Meister to discuss this opportunity and become part of the team! Contact him at steven@corporate-payback.com or call 847-440-4439. #ChatGPT #HealthInformationAccess #21stCenturyCuresAct #HealthDataRights #PatientEmpowerment #DataPrivacy #Healthcare #LegalRights #PublicHealth #MedicalRecords #HealthcarePolicy #HIPAA #FHIR

The average cost of a data breach in 2023 was $4.45 million. Investing in data protection can save you from costly damages. Visit www.virtech.ae for more information. #dataprotection #virtechuae

How can personal and other data be better secured and thus protected? What can affected persons do if their data has been leaked? Here are some questions which will be put forward during this session 💡 Register today for the Swiss IGF 2024 on June 5th 2024: https://lnkd.in/esmmkP5z   #DataSecurity #DataProtection #DataPrivacy

In 2022, the average cost of a data breach reached a record high of $4.35 million. https://lnkd.in/gdNnq6CN #MultiLocationIT #BusinessFreedom #SeamlessConnectivity #EmpowerYourBusiness #SurviveAndThrive #ITSupport #SupportYouCanCountOn

Top Data Breaches of 2023 #SydneyOutsourcedITServicesBlog

Data breaches have to be reported to the regulator (Office of the Data Protection Commissioner) and in some circumstances also to the impacted data subjects within 72 hours of discovery of the breach. Failure to do this within the stipulated period could prove expensive for the organization in addition to having to manage that breach. #data #dataprotection #dataprivacy

Have you heard? In early April, AT&T faced a data breach that leaked 73 million customers’ data to the ‘dark web.’ Find out what information was released, who was affected and what customers need to do NOW in today’s blog. Click here to read now - https://lnkd.in/gQiCVJcj #ITServices #NDIT #TechSupport #TechTips #NDBusiness #IMS

Did you know that over 95% of data breaches are caused by human error? . . . #DataSecurity #CyberAwareness #UserTraining #SecurePractices #CyberSecurityAwareness #DataProtection #InfoSec #TechSafeguards #HumanError #CyberThreats

💭 "The focus is actually on EU citizens but companies don’t have to be based there to be accountable, it applies is they have customers/people in their database based there, hence most large companies we are associated with will be reacting. This is a big deal because of the crazy amount of big company hacks/data breaches we’ve seen the last few years." Continue reading this article to understand better this term here: https://lnkd.in/gVh2_pM7 #GregCannon #gcann #FromTheBlog #gcannTips #MarketingLeaders #BrandingTips #Interstate15 #i15offical

"Spain has become reliant on an #algorithm to score how likely a domestic violence victim is to be abused again and what protection to provide — sometimes leading to fatal consequences." We reverse-engineered this algorithm, #VioGén. It may seem mind-blowing, but yes, the Government of Spain uses an algorithm that, according to our adversarial audit is not accountable, nor transparent. Even worse: it’s not reliable. 🔎 Read here our Adversarial Audit: https://lnkd.in/eSJrKAEc 🗞 https://lnkd.in/gjsXfKaj Article by Adam Satariano and Roser Toll