Friday, March 29, 2024

British Airways Facing £183.39 Million Fine Under GDPR for 2018 Data Breach

British Airways fined over £183 Million under the General Data Protection Regulation (GDPR) from the Information Commissioner’s Office (ICO) for 2018 data breach.

The cyber incidents believed to be started in June 2018 and the notice was issued in September 2018 by British Airways, meantime, the customers who made the booking through the website or mobile app were potentially affected.

During this cyber attack, the customers who have accessed the British Airways website being diverted to a fraudulent website where hackers stole the personal data of approximately 500,000 customers.

Based on the ICO investigation report, a huge data was compromised by poor security arrangements at the company and the stolen date including login, payment card, and travel booking details as well name and address information.

British Airways spokesperson told during the investigation “a third-party noticed some unusual activity and informed us about it. We immediately acted to close down the issue, and started an investigation as a matter of urgency.”

Since the General Data Protection Regulation (GDPR) applied on 25 May 2018, this new law applies to all companies that collect and process data belonging to the European Union (EU) citizens.

Read: Key Elements and Important Steps to General Data Protection Regulation (GDPR)

ICO has the capability to impose up to 4% of fine to the company global turnover. In this case, the fine was just 1.4 of British Airways 2017 turnover.

According to Information Commissioner Elizabeth Denham said: “People’s personal data is just that – personal. When an organisation fails to protect it from loss, damage or theft it is more than an inconvenience. That’s why the law is clear – when you are entrusted with personal data you must look after it. Those that don’t will face scrutiny from my office to check they have taken appropriate steps to protect fundamental privacy rights.”

Nik Whitfield, CEO of cybersecurity firm Panaseer said the proposed BA fine is “game-changing” for any company serving EU customers and “great news” for consumers’ privacy.

British Airways and the other regulators now have 28 days to make the decision to reduce the fine.

“British Airways has completely cooperated with the ICO investigation and has made improvements to its security arrangements since these events came to light”, the ICO said.

This case was thoroughly investigated by a lead supervisory authority on behalf of other EU Member State data protection authorities and takes its final decision.

It is worth to mention that” “On 21st January 2019, France’s data-privacy watchdog, The CNIL imposed a financial penalty of 50 Million Euros against the company GOOGLE LLC  for “lack of transparency, inadequate information and lack of valid consent regarding the ads personalization”

You can follow us on LinkedinTwitterFacebook for daily Cybersecurity updates also you can take the Best Cybersecurity course online to keep yourself updated.

Website

Latest articles

Beware Of Weaponized Air Force invitation PDF Targeting Indian Defense And Energy Sectors

EclecticIQ cybersecurity researchers have uncovered a cyberespionage operation dubbed "Operation FlightNight" targeting Indian government...

WarzoneRAT Returns Post FBI Seizure: Utilizing LNK & HTA File

The notorious WarzoneRAT malware has made a comeback, despite the FBI's recent efforts to...

Google Revealed Kernel Address Sanitizer To Harden Android Firmware And Beyond

Android devices are popular among hackers due to the platform’s extensive acceptance and open-source...

Compromised SaaS Supply Chain Apps: 97% of Organizations at Risk of Cyber Attacks

Businesses increasingly rely on Software as a Service (SaaS) applications to drive efficiency, innovation,...

IT and security Leaders Feel Ill-Equipped to Handle Emerging Threats: New Survey

A comprehensive survey conducted by Keeper Security, in partnership with TrendCandy Research, has shed...

How to Analyse .NET Malware? – Reverse Engineering Snake Keylogger

Utilizing sandbox analysis for behavioral, network, and process examination provides a foundation for reverse...

GoPlus’s Latest Report Highlights How Blockchain Communities Are Leveraging Critical API Security Data To Mitigate Web3 Threats

GoPlus Labs, the leading Web3 security infrastructure provider, has unveiled a groundbreaking report highlighting...
Balaji
Balaji
BALAJI is an Ex-Security Researcher (Threat Research Labs) at Comodo Cybersecurity. Editor-in-Chief & Co-Founder - Cyber Security News & GBHackers On Security.

Mitigating Vulnerability Types & 0-day Threats

Mitigating Vulnerability & 0-day Threats

Alert Fatigue that helps no one as security teams need to triage 100s of vulnerabilities.

  • The problem of vulnerability fatigue today
  • Difference between CVSS-specific vulnerability vs risk-based vulnerability
  • Evaluating vulnerabilities based on the business impact/risk
  • Automation to reduce alert fatigue and enhance security posture significantly

Related Articles