personal data security News

Meta’s Facebook Agrees to Settle Cambridge Analytica Suit

Meta Platforms Inc. settled a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica. The preliminary settlement, disclosed in a court filing late Friday, follows the revelation last month that Meta Chief Executive Officer …

Consumers Open to Sharing Personal Data with Insurers But Worry About Data Security

If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to share significant data on their health and lifestyle habits with …

Cyber Insurance Purchasing Slowing After 6 Years of Fast Growth

The overall upward trend of organizations purchasing cyber insurance continued in 2016, however there are signs the market is slowing after six years of rapid growth. A 2016 Zurich Insurance-Advisen survey shows that over the last six years, the proportion …

University of Mississippi Medical Center Pays $2.75M Penalty for Lost Laptop

Officials at the University of Mississippi Medical Center said they have paid a $2.75 million penalty to the Office for Civil Rights of the U.S. Department of Health and Human Services as part of an agreement to resolve security problems …

Survey: Many Consumers Stress Over Safety of Financial Information

While the safety of their private financial information is a big deal for a lot of people, when it comes to protecting it, many are actually pretty lax, a new survey says. According to the phone survey commissioned by MasterCard, …