The UK’s Information Commissioner’s Officer confirmed on Friday that it was fining Ticketmaster £1.25 million in relation to a data breach of the ticketing firm’s website back in 2018.
Experts Comments
Data breaches can cost millions in damages and fines.
The ICO’s decision is evidence of the changing times. Data breaches can cost millions in damages and fines, as well as have a devastating impact on customer trust. In fact, our research has studied the costs, lawsuits and fines associated with the data breach that affected TicketMaster in 2018 and compared it to the bounty prices associated with the third-party JavaScript vulnerability that was exploited in that breach. Had the vulnerability been identified and responsibly disclosed by.....Read More
Organisations must learn from this and act quickly to ensure their customer data remains secure in the long term.
The true impact of the 2018 Ticketmaster data breach has finally been revealed, with over nine million customers having their personal details stolen. Organisations must learn from this and act quickly to ensure their customer data remains secure in the long term.
Not doing the basics leaves the door open for cybercriminals. Organisations must understand the importance of fostering a culture of security to make better decisions and mitigate increasingly sophisticated and complex cyber threats. .....Read More
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@Aman Johal, Lawyer and Director , provides expert commentary for "dot your expert comments" at @Information Security Buzz.
"Corporate responsibility when it comes to data protection must always be a top priority..."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/ticketmaster-fined-1-25m-over-payment-data-breach
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@Aman Johal, Lawyer and Director , provides expert commentary for "dot your expert comments" at @Information Security Buzz.
"Corporate responsibility when it comes to data protection must always be a top priority..."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/ticketmaster-fined-1-25m-over-payment-data-breach