Fast food chain McDonald's has suffered a data breach in the US, South Korea and Taiwan, saying no customer financial information was leaked.
McDonald's has become the latest company to be hit by a data breach after unauthorized activity on its network exposed the personal data of some customers in South Korea and Taiwan.
Here are the best of Business Standard's opinion pieces for Tuesday
Air India's delay in informing customers is inexplicable
Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe. The development comes close on the heels of reports of data breaches at organisations like MobiKwik, Facebook and LinkedIn. "On receipt of e-mails claiming unauthorised access into our database, we have appointed a leading international cyber-security firm to investigate possibilities of breach of some KYC data stored in third-party data warehouse systems. "This morning, hackers put up a sample of our data on the dark web," a company spokesperson said in an e-mailed statement. The spokesperson added that as a proactive measure, the company has initiated multiple security enhancements, particularly at the third-party warehouses, real-time 24x7 monitoring and additional ring-fencing of its network. "As a matter of abundant caution, we have also initiated a secure password reset via OTP for all Up
Here's a selection of Business Standard opinion pieces for the day
India needs an effective privacy law quickly
Year 2020 saw one of the largest numbers of data breaches and the numbers seem to be only rising
If we wish to preserve free and open societies, then we must preserve the privacy and security of our online communications
Payments firm says working closely with requisite authorities to conduct independent audit
RBI likely to initiate independent probe
The leak was first reported in February by security researcher Rajshekhar Rajaharia, which the company had denied at the time
According to the researchers, the entire database is available for 1.5 Bitcoin (nearly $84,000) on the Dark Web
German soccer club Stuttgart has been fined 300,000 euros ($357,000) for misusing private data about its members, a regulator said Wednesday
Customers might either stop engaging with a brand due as news of a breach spreads, loss figure could touch $223 billion
The world's top-100 brands could see a whopping $223 billion getting wiped off their brand value due to data breach, according to a report.
Around 580,000 privilege fliers, KrisFlyer and PPS members, have been affected by a data breach, Singapore Airlines (SIA) has said
India needs a carefully calibrated strategy
India Inc leaders said they are taking sufficient action and investing in technology to prevent such attacks, especially since work-from-home became a norm
The data breach took place when the soldier from Punjab and posted under the Northern Command was caught by officials dealing with the alleged issue, Army sources said here