Internet Security

Facebook hit with three privacy investigations in a single day

Third time lucky — unless you’re Facebook . The social networking giant was hit Thursday by a trio of investigations over its privacy practices following a particularly tumultuous month of security lapses and privacy violations — the latest in a string of embarrassing and damaging breaches at the company, much of its own doing. First…


Third time lucky — unless you’re Facebook.

The social networking giant was hit Thursday by a trio of investigations over its privacy practices following a particularly tumultuous month of security lapses and privacy violations — the latest in a string of embarrassing and damaging breaches at the company, much of its own doing.

First came a probe by the Irish data protection authority looking into the breach of “hundreds of millions” of Facebook and Instagram user passwords that were stored in plaintext on its servers. The company will be investigated under the European GDPR data protection law, which could lead to fines of up to four percent of its global annual revenue for the infringing year — already some several billions of dollars.

Then, Canadian au

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Internet Security

Cloudflare CEO pledges to double 2020 internship class

Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubH…

Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19.
Yelp, Funding Circle, StubH…
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Internet Security

DataGuard, which provides GDPR and privacy compliance-as-a-service, raises $20M

Watchdogs have started to raise the issue that new working practices and online activity necessitated by the spread of the coronavirus pandemic are creating new sets of privacy, security and data protection challenges. Today a startup is announcing a growth r…

Watchdogs have started to raise the issue that new working practices and online activity necessitated by the spread of the coronavirus pandemic are creating new sets of privacy, security and data protection challenges. Today a startup is announcing a growth r…
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Internet Security

Lack of big tech GDPR decisions looms large in EU watchdog’s annual report

The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump in complaints filed under the bloc’s updated data protection framework, underlining the ongoing appetite EU citizens have for applying …

The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump in complaints filed under the bloc’s updated data protection framework, underlining the ongoing appetite EU citizens have for applying …
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Internet Security

Blockchain security startup CoolBitX raises $16.75 million Series B round

CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised $16.75 million in Series B funding, led by returning investor SBI Holdings, a Japanese financial group. Korean cryptocurrency exchange Bitsonic, Monex Group, another Japan…

CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised $16.75 million in Series B funding, led by returning investor SBI Holdings, a Japanese financial group.
Korean cryptocurrency exchange Bitsonic, Monex Group, another Japan…
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