Coupang fined a record $409 million over massive data breach affecting 33 million users

A New York City-based insurance firm is setting aside millions of dollars to compensate victims of a data breach that occurred more than one and a half years ago. According to the settlement website, insurance company Lemonade Inc has agreed to set up a $10.5 million fund to compensate victims of a data breach that exposed […] The post New York Firm Handing Out Up To $10,000 Per Person in Settlement Over Data Breach That Exposed Personal Information appeared first on The Daily Hodl.

A California healthcare firm is preparing to pay more than $1.5 million to settle a class action lawsuit over a cyberattack that allegedly exposed patient data. According to the official settlement website, Deanco Healthcare, doing business as Mission Community Hospital, has agreed to establish a $1.5 million settlement fund tied to a May 1, 2023 […] The post California Healthcare Firm Sending Up To $5,100 Per Person Over Data Breach Affecting 269,547 Americans appeared first on The Daily Hodl.

June 12, 2026 — Finnish CSC and Norwegian Sikt have signed a Memorandum of Understanding (MoU) aimed at strengthening safety and data protection in the development and use of AI solutions […] The post CSC and Sikt Partner to Advance Secure AI Across Nordic Public Sectors appeared first on AIwire.

The age-old IT defense when compliance violations are investigated by regulators is to try and keep a low profile — and hope no one looks too closely. But with enhanced SEC interest in all data breaches encouraging regulators around the globe to take those closer looks at IT, data breach disclosure rules are becoming more strict. While that might be unsettling for cybersecurity executives, it is also disturbing news for IT admins, who could find themselves under a remarkably uncomfortable spotlight.  Consider this recent move by the New York State Department of Financial Services against the Delta Dental Insurance Company. State officials hit the insurance company for improper and inconsistent enforcement of its own data retention policies; improper incident response plan protocols; and improper notification of the security incident itself.  The company was fined more than $2 million. The data retention violations are perhaps the most problematic. Had that policy been enforced properly

This case could set a precedent for AI accountability, influencing global legal standards on privacy and data protection in AI-generated content. The post UK MP sues xAI over deepfake bikini image created by Grok chatbot appeared first on Crypto Briefing.

OpenAI's push for mandatory AI evaluations could shift regulatory focus from national security to broader civilian oversight, impacting tech innovation. The post OpenAI proposes mandatory evaluations for advanced AI models, diverges from White House plan appeared first on Crypto Briefing.

A Pennsylvania-based bank is disclosing a data breach that was caused by artificial intelligence (AI) software. According to a filing with the U.S. Securities and Exchange Commission (SEC), Community Bank experienced a data breach earlier this month that impacted “customer names, social security numbers and dates of birth.” The filing says the data breach was […] The post Pennsylvania Bank Issues Urgent Alert After AI Application Triggers Data Breach, Exposing Sensitive Customer Info appeared first on The Daily Hodl.

Krispy Kreme has agreed to shell out more than a million dollars to compensate those affected by a data breach. According to the settlement administrator’s portal, the doughnut and coffeehouse chain will pay $1.6 million to end a class action lawsuit filed after its 161,676 current and former employees had their sensitive personal information exposed by […] The post Up to $3,500 per Person Incoming As Krispy Kreme Settles Data Breach Lawsuit Impacting 161,676 Americans appeared first on The Daily Hodl.