Equifax Breach Settlement Could Cost Firm Billions
Equifax could end up paying as much as $9.5bn following a data breach settlement branded one of the largest in history by its presiding judge.
The credit reporting giant suffered a major cyber-attack in 2017 after hackers exploited an unpatched Apache Struts vulnerability, compromising highly sensitive personal and financial information on around 148 million customers.
Over two-fifths (44%) of the population of the US are thought to have been affected.Read more
Facial recognition: EU considers ban of up to five years
The European Commission has revealed it is considering a ban on the use of facial recognition in public areas for up to five years.
Regulators want time to work out how to prevent the technology being abused.
The technology allows faces captured on CCTV to be checked in real time against watch lists, often compiled by police.
Exceptions to the ban could be made for security projects as well as research and development.Read more