T-Mobile revealed in a financial filing that a hacker accessed a trove of personal data belonging to 37 million customers.
The Danish authorities wrote that Google’s audience measurement tool is not compliant with the EU General Data Protection Regulation (GDPR) because the tool transfers personal data to the United States which does not offer an adequate level of data protection. The decision follows those from other European nations including Austria, France and Italy.
Zelle and Bank of America are calling attention to what is called the “pay yourself” scam. It begins with a text message from a scammer that looks like a fraud alert from your bank. If you respond to the message, you’ll receive a call from a number that appears to be your bank. The scammer then pretends to be a representative from your bank or credit union and offers to stop the alleged fraud.
Data loss can set businesses back critically in procuring lost emails, company records, client files, accounting information, and more. In some cases, data loss can be dealt with by businesses directing needed resources towards data retrieval. However, in worse cases, companies may find themselves trying to rectify a tarnished reputation and dealing with financial repercussions as a result.