BlackCat ransomware gang claims attack on Luxembourg power company
The Black Cat ransomware takes charge of a cyberattack on a Luxembourg-based power company.
On July 22 and 23, an attack on Encevo's energy and gas rail line corporation in Luxembourg contributed to network invaders trying to withdraw data.
The connection to Black Cat, also recognized as ALPH... Read more
Fines for breaches of EU privacy law jump to $1.2 billion
Study shows a seven fold increase, with Big Tech firms paying most of the money
Fines for violations of the EU’s General Data Protection Regulation (GDPR) soared over the past year. This is according to a report by DLA Piper.
EU data protection authorities have levied $1.25 billion in fines... Read more
Amazon found not guilty of tax evasion via Luxembourg
Amazon does not have to pay back 250 million euros in tax to the European Union. This was ruled by a judge after the company was accused of paying too little tax through a financial construction in Luxembourg.
In 2017, the European Commission ruled that Luxembourg had given an unfair tax advanta... Read more