????? FILED Headlines: Building consumer trust through data privacy, the 33TB data breach that wasn't, and the state of ransomware in 2024

Hi there,?

Welcome to FILED Headlines, the weekly edition of the FILED Newsletter focused on the latest, most essential news from the intersection of data privacy, data security, and governance.? ?

??? Privacy & governance??

How to build consumer trust through data privacy.?

AI brings a new wrinkle to the data sovereignty concerns. Now you have to worry not only about where your data is stored but where it is processed. ?

Apple rejected an offer by Meta to integrate its AI chatbot into the iPhone months ago, contradicting a story that said the two were in talks. The rejection apparently came because Apple does not consider Meta's privacy practices stringent enough.??

Another bit of Apple news: the company says it won't roll out its new Apple Intelligence features to European users, due to concerns about compliance with the region's Digital Markets Act and its requirements for interoperability. The company says complying with the Act may risk user data privacy and security.?

The media/advertising industry weighs in on the proposed changes to the Australian Privacy Act. ?

?? Security?

The United States sanctioned 12 people in senior leadership roles at AO Kaspersky Lab, citing cyber security risks.?

The Sophos State of Ransomware Report 2024 has some interesting tidbits: attack rates have dropped, but recovery costs have increased, and on average 49% of an organization's computers are impacted by a ransomware attack.?

Transparency vs. Risk Exposure: The pros and cons of disclosing a company maintains cyber insurance.?

Securing C-level buy-in is crucial for implementing cybersecurity measures. ?

Ransomware gang Lockbit claimed they had taken 33TB of data from the US Federal Reserve. When their countdown timer ended, it turned out they had data from an Arkansas bank.?

A ransomware attack on CDK Global, which produces software for car dealerships, is causing widespread chaos. CDK is planning to make the payment but in the meantime, business at dealerships across the US is highly disrupted.?

A data breach at debt collection organization Financial Business and Consumer Solutions (FBCS) has impacted 3 million US residents. ?

The Los Angeles County Department of Health Services has disclosed an attack caused by "push-notification fatigue". The attacker inundated an employee's device with dozens of MFA push notifications, to the point the employee decided there was a glitch and approved them.??

Attackers are increasingly targeting back-ups, ensure your company’s are encrypted.?

?? The latest from RecordPoint???

?? Read:??

Learn how our customer, the City of Nedlands used RecordPoint to manage records classification and disposal, remove the ROT, and reduce the risk of data hoarding. ?

?? Listen:?

No new episodes this week, but given all the talk about breaches, why not refresh your memory on what you should do to prepare for one.?

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