What are the most expensive security breach fines?
An example of an AI chatbot conversation about costly security breach penalties.
What are the most expensive security breach fines in history?
The most expensive security breach fines include the $5 billion fine against Facebook in 2019 and the $1.5 billion fine against Google in 2020.
What led to Facebook's $5 billion fine?
Facebook was fined for privacy violations related to the Cambridge Analytica scandal, where user data was improperly shared.
Are there any fines related to healthcare data breaches?
Yes, one notable case is Anthem, which was fined $16 million in 2018 for a data breach affecting 78.8 million individuals.
How can companies avoid these fines?
Companies can avoid fines by implementing strong data protection measures, conducting regular audits, and ensuring compliance with regulations like GDPR.
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