Cybersecurity Weekly: Getting your organization cybersecurity-ready for 2022, Olympics app privacy risks and surging GDPR fines

Protecting your company from ransomware incidents in 2022, growing concerns with privacy in the Beijing 2022 Winter Olympics app and a sevenfold increase in GDPR fines last year. All this, and more, in this week’s edition of Cybersecurity Weekly.

1. 3 steps to get your business cybersecurity-ready in 2022

The prevalence of ransomware also revealed the impact of cyber incidents can go far beyond fiscal consequences, disrupting healthcare, food manufacturing and utility providers last year. In 2022, cybersecurity experts predict this trend will continue as remote work, e-commerce and cloud-hosted services gain popularity.

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2. Beijing 2022 Winter Olympics app bursting with privacy risks

The official app for Beijing 2022 Winter Olympics, 'My 2022,' was found to be insecure when it comes to protecting the sensitive data of its users.

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3. GDPR fines surged sevenfold to $1.25 billion in 2021: study

In its latest annual GDPR summary, international law firm DLA Piper focuses attention in two areas: fines imposed and the evolving effect of the Schrems II ruling of 2020. Fines are increasing and Schrems II issues are becoming more complex.

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4. Dark Web's largest marketplace for stolen credit cards is shutting down

UniCC, the biggest dark web marketplace for stolen credit and debit cards, has announced that it's shuttering its operations after earning $358 million in purchases since 2013 using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash.

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5. Office 365 phishing attack impersonates the U.S. Department of Labor

A new phishing campaign impersonating the United States Department of Labor asks recipients to submit bids to steal Office 365 credentials.

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