Belgian regulator sees no reason for Big Tech to pay for 5G rollout
The Belgian Institute for Postal services and Telecommunications (BIPT) has decided who it thinks should pay for the rollout of high-speed Internet in Europe. With the current knowledge of the matter, it says European telecom providers are able to finance everything on their own.
Foreign large ... Read more
Hack at MGM casinos leads to theft of personal data and huge costs
The recent hacking attack on MGM casinos has caused a serious data breach at the hotel chain and casino provider. The attack cost nearly 95 million euros ($100 million) in the third quarter of this year.
The recent hacking attack in which virtually all systems were down resulted in a serious dat... Read more
$1 trillion spent globally in 2020 to deal with cybercrime
Last year, more than $1 trillion was spent on cybersecurity or to pay for damages caused by cyberattacks. This amount represents about 1% of the world’s GDP. The report comes from Atlas VPN, which says that a majority of the money ($945 billion) was spent on Cybersecurity incidents. The remaining... Read more