On Security

Fines and Lawsuits Are Adding to the Cost of Corporate Data Breaches

Nov 13, 2018 | 10:00 GMT
An employee of Cathay Pacific Airways helps a customer at Hong Kong's international airport on Aug. 7, 2018.

An employee of Cathay Pacific Airways helps a customer at Hong Kong's international airport on Aug. 7, 2018. The airline was hit by a cyberattack that compromised personal information on up to 9.4 million passengers.

(ANTHONY WALLACE/AFP/Getty Images)

Hackers around the world are constantly probing for network vulnerabilities and seem to score a major cyberattack almost weekly. In the past three weeks alone, HSBC Bank of London reported that its U.S.-based accounts were illegally accessed; hackers compromised an Australian military shipbuilder's personnel files; and Hong Kong airline Cathay...

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