Cost of a data breach hits record high during pandemic

Average total cost of a data breach increased by nearly 10 per cent year over year. Data breaches now cost surveyed companies USUS$4.24 million per incident on average – the highest cost in the 17-year history of IBM’s annual Cost of a Data Breach Report. Based on in-depth analysis of real-world data…

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NPC is set to impose administrative fines

Building maximum data privacy resilience by encouraging full accountability, compliance, and ethics. National Privacy Commission of Phillipines is set to impose administrative fines on data privacy violations of personal information controllers or processors from the private sector. A separate initiative for government agencies is also underway with the NPC holding…

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PDPC fines Tripartite Alliance for failure to secure its database

Unauthorised access of approximately 20,000 individuals’ and companies’ was preventable. Singapore’s Personal Data Protection Commission (PDPC) has fined Tripartite Alliance SG$29,000. According to the PDPC Tripartite failed to put in place reasonable security arrangements to prevent the unauthorised access of approximately 20,000 individuals’ and companies’ data stored in its customer relationship…

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Singapore Airlines trials mobile app for digital health verification

Dealt with data breach to its passenger program in early March . Singapore Airlines (SIA) will pilot the International Air Transport Association’s (IATA) Travel Pass mobile application for digital health verification, starting with passengers travelling from Singapore to London from 15 to 28 March 2021. This marks the second phase…

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Malaysia Airlines frequent flyer program suffered nine-year breach

Breaches occured over a nine-year period. Malaysia Airlines confirmed in early March 2021, it suffered a data breach to its Enrich frequent flyer program. According to a number of media reports the data breach occurred between March 2010 and June 2019. The New Straits Times reported Enrich members were notified…

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NSW driver’s licenses left exposed in open Cloud storage

State Government agency points finger at commercial business not associated with the Transport agency for the breach. Australian media has reported that residents in the state of New South Wales have had their digital licenses left exposed in an open Cloud storage. According to ABC News “the cache was discovered…

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ASEAN businesses ramp up cybersecurity

Research shows over half 53 per cent of businesses devote more than half their IT budget to cybersecurity. A recent study shows business attitudes towards cybersecurity had changed across several markets in Southeast Asia, including Indonesia, Singapore, the Philippines, and Thailand – before the escalation of COVID-19. According to the…

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