Public Cloud Security Breaches

Equifax's UK arm was fined for failing to protect the personal data of millions of British customers in a 2017 data breach that exposed sensitive information. The breach was a result of inadequate oversight, delayed detection, and mishandling of complaints.

Senator Ted Cruz and some of his fellow Republican senators are in disagreement with the Federal Communications Commission's proposal to revise data-breach notification regulations for telecommunications companies. They are of the opinion that the suggested regulations go against a directive issued by Congress in 2017.

Merck & Co. Inc. reached an agreement with insurance companies regarding a dispute over coverage following a cyberattack called NotPetya in 2017. The case was brought before the New Jersey Supreme Court for review after a judgment determined that the exemption for hostile/warlike acts in an all-encompassing property insurance policy was not relevant. While numerous insurers have settled their claims with Merck, there were still eight insurers involved in the ongoing dispute. Merck had a property insurance arrangement consisting of three layers, and the remaining insurers were contesting approximately $700 million in coverage.

Equifax's branch in the United Kingdom received a fine of around $13.6 million in 2017 for neglecting to safeguard the personal and financial information of numerous British clients in the event of a data breach. The breach took place as a result of the firm subcontracting customer data handling to the United States without adequately overseeing or supervising its data protection. The Financial Conduct Authority imposed the penalty as a consequence of these lapses in supervision. This occurrence emphasizes the crucial requirement for strong data security protocols, particularly when delegating data management responsibilities.