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Data Privacy Day: The 10 biggest privacy fines imposed (so far)

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  For Data Privacy Week, here's a look at the ten largest privacy fines imposed as of Jan. 27, 2023. This list includes multinational household names...
Companies

Capital One announces plans to lay off 1,100

IT World Canada Staff -
Capital One, a financial services company recently announced plans to eliminate 1,100 technology positions as part of a larger cost-cutting and operational-simplification effort.
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Study says businesses stand to lose 20% of sales revenue forever after a hack

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The recent headline-grabbing data breaches - Equifax Inc., Capital One Financial Corp., and The Desjardins Group chief among them - all lead to this question: Will these breaches cause consumers to stop spending their hard-earned cash with these companies?
Emerging Tech

Cybersecurity experts weigh in on Capital One breach

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This week's news of the breach at Capital One Financial Corp. rocked the world and has cybersecurity experts buzzing to analyze what went wrong and advise others how to not fall into the same traps. 
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Poll suggests Canadians feel they lack control over private data

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A majority of Canadians know their rights when it comes to privacy, but polling data suggests an equal number of them also feel powerless...
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Cybersecurity experts are worried that the increased frequency of data breaches is becoming normalized by the public, reducing the pressure on organizations that handle private data to do better.

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