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Evolve Bank & Trust will pay $11.8 million to settle a class action lawsuit related to a 2024 data breach that exposed millions of customers’ personal information. Court documents filed Tuesday show that customers accused the Memphis-based bank of failing to maintain strong data security and delaying notification to those affected by the breach. In […]
The European Union (EU) is preparing to scale back its well-known data privacy law, the General Data Protection Regulation (GDPR). The European Commission, which creates and enforces EU laws, plans to present a proposal in the coming weeks to make GDPR easier for businesses to follow. This is part of a broader effort by Commission […]
A massive data breach has allegedly compromised the personal and financial information of over 13 million Indian bank customers. A threat actor claimed responsibility for the hack, which they offered for sale to a single buyer for $10,000. The revelation has raised significant concerns about the state of data security in India’s banking sector. Details […]
Hospitals and organizations seeking cloud computing services for AI data analysis on sensitive records, like patient data, need guarantees of privacy during computation. Homomorphic encryption offers a solution by allowing computations without decrypting the data, keeping it secure. Challenges in Implementing Homomorphic Encryption Homomorphic encryption enables computations on encrypted data, keeping it secure and preventing […]
India’s data centre (DC) market has witnessed a remarkable surge, attracting more than $6.5 billion in investments through private equity, joint ventures, and acquisitions from 2014 to 2024, as per a report by real estate consultancy Anarock Capital. This influx of capital comes at a time when the DC industry has experienced significant growth in […]
Google Maps users have recently shared complaints on Reddit about their Timeline data — the app’s history of where they’ve been — disappearing. Google has now confirmed that it accidentally deleted this data and stated that those who weren’t using cloud backups will not be able to recover it. A Google spokesperson, explained in an […]