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Privacy Breach: TikTok Fined $368 Million by European Regulators Introduction In a landmark ruling, European regulators have fined TikTok, the popular short video-sharing app, $368 million for failing to protect children’s privacy. This is the first time that TikTok has been punished under Europe‘s strict data privacy rules. The fine was imposed by Ireland’s Data…
The Rising Cost of Data Breaches: Passing the Burden to Consumers Introduction Data breaches have become increasingly prevalent, costing organizations millions of dollars in damages. According to recent reports, the average cost per data breach for businesses in 2023 has risen to $4.45 million, marking a 15% increase over the past three years. Alarming as…